News & Stories

The Hong Kong University of Science and Technology (HKUST) announced the winners of the HKUST 2011 Entrepreneurship Competition. Wah Kin Holdings Ltd, with its hair-testing technology, clinched the championship, while LEDoS, Allegro IQ and iFlight Technology won the first, second and third runner-up trophies. The total awards offered by this Competition amounted to HK$1 million.

The Founder and President of Yunzhou-Tech tells the story of how he turned his hobby into a unicorn startup focusing on unmanned surface vehicles.The achievements of new inventions came from long journeys of exploration, from research and development to market recognition, that not many people would notice. ZHANG Yunfei, Founder and President of Zhuhai Yunzhou Intelligence Technology Ltd. (Yunzhou), the world-leading unmanned ship corporation, had little clue his interest would shape the unicorn enterprise Yunzhou is today when he first started the business a decade ago. His entrepreneurial journey offers precious lessons for aspiring young entrepreneurs.

Addressing societal issues has become a topic of common interest for the HKUST-Sino One Million Dollar Entrepreneurship Competition  this year, with two of the three winning teams proposing solutions hoping to help save the planet. With Hong Kong striving to achieve carbon neutrality by 2050, two winning student groups came up with plans to help reduce the city’s waste by upcycling bread scraps and making cutlery that can be savored together with the food. Meanwhile, another team created a real-time, non-invasive, and easily accessible technology to monitor athletes’ stress and muscle fatigue level to keep them from possible injuries induced by overtraining.  All three winning teams have been working with their industrial partners on commercializing the products.

An award-winning AI solution company sets out to modernize and automate worksite safety monitoring while improving efficiency.