Being the supporting organisation of the event "Rosewood Foundation Entrepreneurship Award" organized by Hong Kong Federation of Youth Groups, Innovation and Technology Co-create Centre now invite students to join.
If you have a solution that is addressing sustainability development in Hong Kong and are looking for funding to scale up your solution and expand your business, apply now.
In partnership with Rosewood Foundation, The Hong Kong Federation of Youth Groups (HKFYG) has launched the “Rosewood Foundation Entrepreneurship Award” to support young entrepreneurs in combining their passion for ‘doing good’ with business, and to unlock their creativity and talents by connecting them with resources and support mechanisms.
About the Award
The Rosewood Foundation Entrepreneurship Award will provide scale-up funding of up to HKD 100,000, along with mentorship and business collaboration opportunities:
Application Requirements – Four Themes:
Applicants must be working on 1 or more of the following themes:
The judges will select the awardee companies to receive funding based on the following criteria:
1. Innovation and creativity applied in the products / services scalability (20%)
Sustainability, innovative, creativity, and application of the business operating in Hong Kong regarding products / services scalability
2. Management and business development strategy (20%)
Corporate culture, business development strategy, staff training and social value & responsibility.
3. Market positioning and competitiveness (15%)
Marketing positioning and competitiveness in Hong Kong
4. Marketing strategy, business viability and sustainability (15%)
Effective and sustainable development of the business model, including marketing strategy, customer relationship management, cost-effectiveness and contingency plans.
5. Originality, uniqueness, and relevance of products / services to the social problem (15%)
6. Finance and cost control (15%)
Products or services pricing and cost control strategy.
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