https://techcrunch.com/2021/10/04/foundershk-created-to-strengthen-hong-kongs-startup-ecosystem-holds-its-first-demo-day/

FoundersHK was created to strengthen Hong Kong’s startup community, which has weathered more than two years of political turmoil, along with the COVID-19 pandemic. Today the non-profit, which started as an events and mentoring network, held the first demo day of FoundersHK Accelerate, its equity-free accelerator program, which was created to help prepare Hong Kong startups to raise funding and scale globally.

Eleven startups (a full list is below) representing diverse sectors—pet care, fintech, insurance and education, to name a few—pitched an audience of about 500 mentors and investors. They were chosen from a pool of 150 applicants by FoundersHK’s creators, including Alfred Chuang, co-founder of BEA Systems, which was acquired by Oracle for $8.5 billion in 2008, Edith Yeung, former 500 Startups general partner and Phil Chen, founder of HTC Vive. All three are also partners in Hong Kong-based venture firm Race Capital.