Alibaba Entrepreneurs Fund is a not-for-profit initiative launched by Alibaba Group in 2015. Our mission is to help Hong Kong and Taiwan-based entrepreneurs and young people realize their dreams and visions for their businesses and communities.
We are passionate about fostering the entrepreneurial spirit amongst young people. As such, we established in Hong Kong a HK$1 billion fund and in Taiwan a NT$10 billion fund to support entrepreneurs in both markets.
With connected capital, CoCoon Ignite Venture invests in early stage entrepreneurs who have a unique vision of the New Economy. In the New Economy, businesses are transitioning from asset based models to non-asset based, decentralized networks and business models.