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LEAPLeading Enterprises Acceleration Programme
Information Session – W21 Acceleration Programme
Corporation Development Division
HK Science & Technology Parks Corporation
Before You Set Sail with Us…
Startup Checklist
Who We Are: LEAP
Your Next-Level Needs
Testimony from Fellow Acceleratees
How You Can be Part of Success
Application Timeline
Startup Checklist
Do you possess the below criteria?
Viable products ready for market
Market validated product/ solution
Solid Traction
Recurring revenue
Scalable business model
High potential to grow regional/ global
Are these your next growth targets?
BD and market expansion
Revenue growth and profitability
Value building & growth financing
Becoming a household name
Exit/ IPO
If you see yourself in these items,
LEAP is your right way to go!
Who We Are: LEAP
Accelerate later-stage tech ventures
With our
Quality resources
Bringing them to
Achieve higher level
And become
Globally/ Industrially recognised
56Companies
admitted
20XMax. valuation up
by 20x in one year
1 M&AAcquired by a
leading corporate
39Significant growth
in revenue
0
5
10
15
2014/15 2015/16 2016/17 2017/18 2018/19 2019/20 2020/21
Number of Admission
Our Success Metrics Vision & Mission
LEAP Team
Your Trusted Partners in Growth
(Top row) Mr. Samuel Choi, Mr. Mike Lam, Mr. Nathan Ng, Mr. Anvil Ng.
Ms. Clara Hong, Ms. Annie Chung, Ms. Wing Leung.
Your
Next-Level
Needs
Network,
People &
Resources
Management
on Growth &
Expansion
Financial
Support
HKSTP:
Your Partner &
Stakeholder
Talent
PremisesBD MentoringInvestment
Networking MatchingConsultancy
Headhunting & HR support
• Science Park
• InnoCentre @ Kowloon Tong
• Data Hub@ Tseung Kwan O
• Regional & global scale-up
• Marketing & promotion
• Product trial & channel
building
Mentors & domain experts
from HK’s top industries
• Financial planning
• Capital restructuring
• Fund Raising support
Connections to industry
leaders & partners • Investment matching
• Business matching
• Corporate restructuring
• Strategy corporate/
business development
Resources, People & NetworkGiving you wings to fly and accelerate your growth globally
Resources, People & Network Management on Growth & Expansion Financial Support HKSTP: Your Partner & Stakeholder
Connections that You Need
Resources, People & Network Management on Growth & Expansion Financial Support HKSTP: Your Partner & Stakeholder
Mentors and Advisors
Resources, People & Network Management on Growth & Expansion Financial Support HKSTP: Your Partner & Stakeholder
Henry ChanPrincipal of Epiphaniand former President,
Greater China of Landor Associates
Alexander Chan Co-Director of
The Mills Fabrica
Dr. Jason Chan, JPChairman
Totaltact Network and Advisory Committee
Member of ITVF
Dr. Toa CharmAssociate Professor,
Business School, CUHK, Chairman of
OpenCertHub, Former CPMO of
Cyberport
Choy Chi FaiChairman &
Co-Founder of Ausupreme
International Holdings Ltd (Stock Code
2031.HK)
Prof. Joseph KocAdjunct Associate Professor of HKUST
Business School and former Group
Marketing Director of Jardine OneSolution
Group
Thomas KwanManaging Director of Odysseus Capital Asia and former Director,
Corporate Finance of PwC
Ivan LamDirector of
Strategy, ASTRI
Steve LauFounder
China Fortune Holdings Ltd. and former
Chairman of Fortune Telecom Holdings Ltd.
Donald B MaExecutive
Communications & Sales Force
Development Facilitator
Timothy Ma, JPVice Chairman of Hong
Kong General Chamber of Social Enterprise Limited and former
Executive Director of Senior Citizen Home Safety Association
Edward PoonChief Operating Officer of Human
Health (Stock code 1419.HK)
Dr. Zhang RongCEO & Founder of Inspiration Capital
Dr. Charleston SinExecutive Director of MIT Hong Kong Innovation
Node and former Managing Director,
Greater China, Cisco System
Dr. Samson Tam, JPPartner of Hong KongInno Angel Fund and
Chairman of Group Sense Limited (Stock Code
601.HK)
Dr. Miles WenFounder & CEO
of Fano Labs
Zhu Jian HuanVC/ PE/ start-up Advisor, former
Venture Partner of IDG Capital
Mr Ronald WongGeneral Manager,
Hong Kong and
Macau of Lenovo
Manage Your Growth & Expansion
Resources, People & Network Management on Growth & Expansion Financial Support HKSTP: Your Partner & Stakeholder
KAM as business advisory & resource connector.
Domain experts and business veterans.
Industry mentorship system & connections.
Anchor sales – channel building & scale-up and expansion in regional/ global markets.
Equip you with knowledge and skills needed in next stage. Get your team well prepared.
Various funding sources: grant, debt, equity, etc.
Strategy review on IP, corporate development and capital planning. Corporate & HR structuring. Marketing & PR.
Business Development Growth Management
Financial Support: HKD4.8M Package
Resources, People & Network Management on Growth & Expansion Financial Support HKSTP: Your Partner & Stakeholder
Category Coverage Amount (HK$M)
Domain Experts &
Executive Coaching
External Consultants, Industry Experts for Business and Technical Advice .
1.2
Product Trial Support Product Trial with Industry leadersor Anchor customers.
1.6
Professional Services &
Business Expansion
Business Expansion, Marketing, Business Development, Professional Services, Rental.
2.0
Grand Total: 4.8
HKSTP: Your Partner & Stakeholder
Option Scheme – Our interest aligned
Resources, People & Network Management on Growth & Expansion Financial Support HKSTP: Your Partner & Stakeholder
OR
FLAT TERM
5% x fully diluted shares upon
admission and to be diluted as
normal in later financing rounds
Starting at 5% x fully diluted
shares and will be adjusted in
next qualified round of fund
raising during programme period
MARKET VALUATIONBASED TERM
At your choice:Major Terms:
• 10 year
• Nominal strike price ($0.0001)
• If no IPO or M&A after 7 years, STP has the right to ask for buyback, at highest of:
Latest valuation;
PE 15x (3-yr average E);
Total subsidies + 5% interest (annual compound)
• At M&A or IPO, your company will buy back the options as if call option is converted to common shares
Sharing of Our Acceleratee
Sharing of Our Acceleratee
We Create Value Beyond Money.
Be Part of Us: Mandatory Requirements
Have business headquarters, executive functions and corporate CEO based in Hong Kong.
For details, please contact our team.
Have less than 100 employees; at least 50% of HK-based full time staff engaging in tech-relatedwork.
For off campus applicant:
Obtain qualification approval for moving into Science Park premise as a regular office/ lab tenant within 6 months since the day of program commenced and comply to HKSTP tenancy/ safety requirements.
Timeline: Embark on Next-Level Success
Sep 2020Open for Application
Sep – Oct 2020Due Diligence and Review
Dec 2020Agreement Signing
Jan 1, 2021Programme Starts
Application Deadline:
12 Oct 2020 (Mon)
Admission Panel Meetings:
Late Nov Presentation by Shortlisted Applicants
2 Information Sessions:25 Sep 2020 (Fri) 15:00 – 16:00@zoom
30 Sep 2020 (Fri)15:00 – 16:00@zoom
For enquiries, please email to [email protected] or visit https://www.hkstp.org/leap/
For application, please email to [email protected]://www.hkstp.org/leap/
TO INFINITY AND BEYONDSkyrocket Your Valuation
Become the World’s Household Name
For enquiries, please email to [email protected] or visit https://www.hkstp.org/leap/For application, please email to [email protected]
Q&A Important Dates:
Application Deadline:
◉ Oct 12 (Mon)
Admission Panel Meetings:(Presentation by Shortlisted Applicants)
◉ Late Nov
Programme Starts:
◉ Jan 1, 2021
Resources, People & Network
Management on Growth & Expansion
Financial Support
HKSTP: Your Partner &
Stakeholder
Your Next-Level Needs
Value Beyond Money