HKAI LAB

The HKAI LAB is a platform for bringing together academics, scientists, and entrepreneurs in AI who are passionate about innovation and creating a better future. HKAI LAB is focused on advancing the frontiers of AI with cutting-edge technologies and expertise, and empowering startups to commercialize their new inventions. The lab is dedicated to fostering a community of dynamic talents that will help build a vibrant culture of entrepreneurship in Hong Kong.

HKAI LAB offers several key advantages, including:

  • Powerful GPU-powered supercomputers
  • The expertise of researchers and scientists
  • Seed funding and exposure to venture capitalists

HKAI LAB is a not-for-profit initiative and it is fully funded by the Alibaba Hong Kong Entrepreneurs Fund and SenseTime, with support from the Hong Kong Science and Technology Parks Corporation (HKSTP), Alibaba Cloud and the Alibaba DAMO Academy.

EMPOWERING STARTUPS

HKAI LAB offers a six-month accelerator program that takes your startup to the next level. We focus on commercializing AI inventions and technologies that are developed at the lab. We run two accelerator cohorts every year, taking in eight to 10 startups each time.

Deadline for Application:
31.08.2018

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FINANCIAL INVESTMENT
You will receive seed funding of US$100,000 from Alibaba Hong Kong Entrepreneurs Fund, in exchange for 6% equity.
ACCESS TO PROPRIETARY
AI TECHNOLOGIES
You will have direct access to GPU-powered supercomputers, including:
  • Alibaba Cloud’s Apsara Stack on premise computing resources,
  • PAI, a machine-learning platform powered by Alibaba Cloud and
  • Parrots, a deep-learning platform powered by SenseTime.
STRONG ADVISORY,
NETWORK & OPPORTUNITIES
HKAI LAB facilitates knowledge sharing by a wide spectrum of our advisors, coaches, and experts, including AI scientists, eminent professors, and technical experts. You will also have the chance to meet venture capitalists and potential strategic partners through various events held at the lab. There may also be opportunities to work with Alibaba Group and SenseTime on different business ventures.



DEDICATED SUPPORT & RESOURCES
To support your growth, you will have access to US$10,000 worth of Alibaba Cloud services credits, technical consultation and support from both Alibaba Cloud and the Alibaba DAMO Academy teams. You will also receive technical and management assistance, promotion and development assistance, and business support from HKSTP.
FREE OFFICE SPACE
In collaboration with HKSTP, we will provide you with office space at the Hong Kong Science Park for the duration of the accelerator program.
Who Is Eligible
An applicant (an individual or a company) must have a Hong Kong-registered company established for no more than three years if your application is accepted.
The majority of the founding team members must either be Hong Kong permanent residents, or the company’s meaningful operations are carried out in Hong Kong.
The founding team members must hold more than 50% of the shares of the company.
The company must employ at least two full-time staff.
At least 50% of your team should engage in the field of AI-related work.
Your core activity at the HKAI LAB should be related to R&D. You cannot use the office space as a sales and marketing office.
No retail activities or mass production is permitted at the lab.
HOW WE Select
Our selection panel screens applications for the accelerator program at the HKAI LAB based on the following criteria:
SELECTION CRITERIA
  • Depth of research and development
  • Innovation quotient
  • Viability of your business plan
  • Competence of the founding team
  • Quality milestones set for every six months
How to Apply
Online Application
Submit the online application form with the required supporting documents including, but not limited to:
a. A business plan,
b. The CVs of the founders and
c. The certificate of incorporation of the company (if available).
Assessment by Selection Panel
The selection panel will assess the application.
Interview by Selection Panel
Shortlisted applicants will undergo an interview process with the selection panel.
Application Result
Successful applicants will be contacted to receive the offer.
Your application may be accepted even if your business’ legal entity has not yet been registered. However, if you are accepted into the program, you will need to register your company before we can provide you with seed funding.

Deadline for Application:
31.08.2018