Hong Kong Launches Web3Hub Ecological Fund: Encouraging Companies to Settle in HK

On April 14th, at the \”MetaEra x BitMart Session: Where are the Opportunities for Metaverse\” sub forum of the \”2023 Hong Kong Web3 Carnival\” sub venue, Vice Secretary for Justice o

Hong Kong Launches Web3Hub Ecological Fund: Encouraging Companies to Settle in HK

On April 14th, at the “MetaEra x BitMart Session: Where are the Opportunities for Metaverse” sub forum of the “2023 Hong Kong Web3 Carnival” sub venue, Vice Secretary for Justice of Hong Kong, Cheung Kwok jun, delivered a speech announcing the launch of the Hong Kong Web3Hub Ecological Fund, with a scale of $10 million, which will encourage more companies to settle in Hong Kong. Combining blockchain skills and artificial intelligence to provide a convenient and cost-effective security platform, looking forward to the future, Hong Kong needs to better develop its unique advantages of one country, two systems, drive high-quality development through technological innovation, and attract talent from both domestic and foreign sources.

Hong Kong Web3Hub Ecological Fund officially launched, with a scale of 10 million US dollars

Hong Kong is gearing up to become the next hub of blockchain and artificial intelligence by providing a convenient and cost-effective security platform. On April 14th, at the “MetaEra x BitMart Session: Where are the Opportunities for Metaverse” sub forum of the “2023 Hong Kong Web3 Carnival” sub venue, Vice Secretary for Justice of Hong Kong, Cheung Kwok jun, delivered a speech announcing the launch of the Hong Kong Web3Hub Ecological Fund. The Fund has a scale of $10 million and will encourage more companies to settle in Hong Kong.

The Vision for Hong Kong’s Future

Hong Kong must better develop its unique advantages of one country, two systems, drive high-quality development through technological innovation, and attract talent from both domestic and foreign sources. The Hong Kong Web3Hub Ecological Fund will play a vital role in this vision by combining blockchain skills with artificial intelligence to provide a convenient and cost-effective security platform.

Benefits of the Hong Kong Web3Hub Ecological Fund

The Fund’s primary goal is to encourage and support companies to settle and develop in Hong Kong. The Fund aims to provide financial support to start-ups, small and medium-sized enterprises (SMEs), and R&D projects that will help Hong Kong become a hub of innovation in the field of blockchain and artificial intelligence. It will also provide support for project incubation, talent cultivation, and international cooperation opportunities.
The Hong Kong Web3Hub Ecological Fund will also fuel Hong Kong’s economy by creating high-quality jobs for local talent. The Fund’s work in creating an expanded technological and entrepreneurial ecosystem will promote strong growth in the digital economy and contribute to Hong Kong’s future economic growth.

Conclusion

The Hong Kong Web3Hub Ecological Fund is a landmark initiative that showcases Hong Kong’s commitment to innovation and high-quality technological development. This Fund will play a vital role in promoting the growth of blockchain and artificial intelligence technology and attracting more companies to settle in Hong Kong. The Fund’s $10 million investment proves Hong Kong’s intent to lead the way in web3 technology.
FAQs:
1. What is the Hong Kong Web3Hub Ecological Fund?
The Hong Kong Web3Hub Ecological Fund is a $10 million fund created to encourage and support companies to settle and develop in Hong Kong.
2. What is the Fund’s primary goal?
The Fund’s primary goal is to provide financial support to start-ups, SMEs, and R&D projects that will help Hong Kong become a hub of innovation in the field of blockchain and artificial intelligence.
3. How will the Fund benefit Hong Kong’s economy?
The Fund’s work in creating an expanded technological and entrepreneurial ecosystem will promote strong growth in the digital economy, create high-quality jobs for local talent, and contribute to Hong Kong’s future economic growth.

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