EP 342 - Is Hong Kong the Best Place to Build a Tech Startup? - Jayne Chan - Head of Startups at Invest Hong Kong

In a dynamic conversation with Jayne Chan, Head of Startups at Invest Hong Kong, I had the privilege of exploring the intricacies of Hong Kong's startup landscape. Our discussion touched on the city's role as a financial hub, the impact of global talent, and the evolving tech environment that continues to shape its entrepreneurial ecosystem.

Some of the topics that Jayne covered in detail:

• Hong Kong's startup ecosystem is international and diverse. 27% of Hong Kong’s startup founders hail from outside the city, representing a rich blend of ideas and innovations from places like Mainland China, the UK, the US, France, and Australia.
• Hong Kong's status as one of the world’s leading financial centers provides a natural foundation for a thriving fintech sector. Ranked third globally, just behind New York and London, the city attracts financial professionals who often pivot into FinTech entrepreneurship.
• While FinTech dominates, Hong Kong’s startup ecosystem is increasingly diversifying into deep tech, biotech, and green tech...standing as the second-largest fundraising hub for biotech globally.
• Hong Kong’s unique geographical and economic positioning as a conduit to Mainland China could be a distinct advantage for startups. With a population of 86 million and a combined GDP of $2 trillion, the GBA offers immense market potential for both B2B and B2C startups.
• Invest Hong Kong doesn’t just promote Hong Kong as a destination for startups—it plays an active role in helping startups scale. Invest HK's connection initiatives act as a marketplace where startups can showcase their solutions and find the resources they need to grow.