Programme Info

 

 

 

Applications for cohort 4 will open in Jul 2021. Stay tuned!

 

 

 

The iDendron Incubation Programme (iIP) is a high-impact six-month programme designed to help early-stage startups gain momentum through deep mentor engagement, investor relation building and exposure outreaching. We aim to create a community connecting potential elite founders from a wide spectrum of fields who have a common vision to create an impact on the future world.

 

What do we offer?
  • Seed Fund: Incubatees will have a chance to receive up to HKD500,000 investment. iDendron will get an equity stake in exchange for the capital invested. The fund will be distributed in 2 instalments: (i) at the start of the programme (ii) mid-term, after completing the agreed KPIs.

 

  • Mentorship: Each team will be matched with 1/2 mentor(s). Incubatees can also access to our pool of mentors for advice and guidance. 

 

  • Networking Opportunity: Regular dinner sharing sessions will be organized for iDendron incubatees to meet with industry experts, successful entrepreneurs and Venture Capitalists. 

 

  • Professional Services Support:  Free legal consultations and Amazon Web Services credits will be provided. 

 

  • Public Exposure: Pitch Day(s) and exhibitions will be organized. Articles and stories on company’s achievements will be featured in HKU newsletters, website and other relevant channels. 

 

  • Workshops and Talks: We will invite industry experts and entrepreneurs to do sharing in marketing, branding, fundraising and more. All incubatees are welcome to attend the workshops for free.

 

  • Outreach Opportunity: Free tickets for attending local and overseas competitions and exhibitions. Field trips to explore overseas and regional market and get connected with the local contacts of startup ecosystem.

 

  • Use of iDendron Space: iDendron incubatees will be given up to (5) workspaces at iDendron, according to the no. of team members. You are also allowed to use the meeting rooms and event space for free.

 

Eligibility
  • Startup companies with at least 20% ownership by HKU students, alumni and professorate staff.
  • High potential early-stage startups with a minimum viable product.
  • A company registered and incorporated in Hong Kong for less than 3 years as of the date of the application deadline.

 

Selection Criteria

All applications will be assessed by the iDendron management team based on

 

(i) Product/Services: addressing critical need, disruptive advantage over competition, available market size, degree of technology viability.

 

(ii) Management Team: commitment of management team, marketing & sales expertise or access, founders’ relevant experience and skill sets, personal strengths and weaknesses, team’s diversity and completeness.

 

(iii) Financial Plan: clearly structured and phased developments, identification of critical weakness at each phase, financial estimates for each phase realistic.

 

(iv) Market Positioning: appealing value proposition for targeted customers, identification of product features, competitive difference from market leaders;

 

(v) Business model: feasibility of pricing strategy, identification of first and second adopter groups, feasibility of sales channels, partnership plans, cash-flow viability.

 

Obligations

We expect commitment from the founders (which is necessary for every surviving startup) while we are here to help and support.

 

Participants are expected to:

 

(i) Define your purpose: what do you want to gain from the programme? Are you ready to accept opposite opinions and negative feedbacks?


(ii) Set your project milestones: what are your targets to achieve after the programme? What are your priorities and resources you need from others?

 

(iii) Commitment of time: be proactive and invest time in the programme. Seek out advice actively, follow through on introductions and attend meetings or events we are curated for you.

 

(iv) Submit quarterly report: Incubatees are required to submit quarterly report to the iDendron management team within 10 days after the end of each quarter. Each report should have summarised its company progress over the past 3 months.


(v) Submit reviews to iDendron
: we strive to maintain a high-impact incubation programme that matches your needs. Your feedback will help us to improve and benefit the future participants from HKU community.

 

 

How to apply?

Please fill in the application form. Only shortlisted applicants will be invited to an interview.

*IMPORTANT* Applicant shall read the Programme Guideline before you apply. The iDendron management team will review the application and the principal applicant and/or team members will be selected for the interview if your startup is of high potentials. The application will be assessed by a panel in the interview.

 

Please feel free to email us to idendron@hku.hk if you have any question

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