Alibaba sets up HK$1b fund to help young Hong Kong entrepreneurs

Hong Kong is all about Entrepreneurship, and with a mega financial boost from Mr Ma, dreams are soon to become true to many startups.

News of the Hong Kong Young Entrepreneurs Foundation came ahead of today’s speech by the group’s executive chairman Jack Ma Yun on “transforming dreams into successful business” in Hong Kong.

The foundation, expected to be launched later this year, will invest in companies started by young people after selection by a panel of investment managers and advisers who run the programe. The entrepreneurs would have access to capital and technical assistance as they develop their businesses.

 

Jack Ma Yun, Young HK Entrepreneurs, Alibaba, HK$1B fund

Jack Ma Yun, Young HK Entrepreneurs, Alibaba, HK$1B fund

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