What role does HKSTP play in connecting Asian and European tech firms?

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HKSTP Orchestrates a Bridge Between Asian and European Technology Sectors

The Hong Kong Science and Technology Parks Corporation (HKSTP) plays a pivotal role as an orchestrator for Asia's innovation and technology (I&T) ecosystem, specifically facilitating connections and fostering collaborations between Hong Kong-based companies and the European I&T community. Its participation at VivaTech 2026, for instance, resulted in a significant expansion of opportunities, exceeding a 50% growth and generating over 200 potential business leads valued at HK$70 million. HKSTP's overarching mission is to create pathways for Hong Kong startups to access European markets while simultaneously encouraging European innovators to establish a presence in Asia.
Facilitating European Market Entry for Hong Kong Startups

HKSTP actively works to open doors for Hong Kong's technology ventures into European markets. A key aspect of this strategy is the establishment of direct bridges, exemplified by HKSTP being the first and only institution in Hong Kong to integrate tech ventures directly into Bouygues Construction's "Scale One: programme." This initiative provides a streamlined route for prototyping and commercialisation. Furthermore, HKSTP is expanding its partnership with Bouygues Construction beyond Asia, offering Hong Kong startups opportunities to showcase their solutions at Bouygues' headquarters in France and conduct pilot trials across its European operations, thereby accelerating their global impact.
Strengthening the Asia-Europe Innovation Gateway

The corporation's presence at VivaTech 2026, a prominent global stage for startups, underscored its commitment to bridging innovation across continents. Through initiatives like the Hong Kong Tech Pavilion, supported by HKSTP and organised by the Hong Kong Trade Development Council (HKTDC), direct connections were forged between Hong Kong and Europe's innovation and technology sectors. This pavilion showcased market-ready solutions from 24 tech ventures across various fields, including AI, green tech, and health tech, marking a significant step in solidifying the Asia-Europe innovation gateway.
Driving Bilateral Partnerships and Opportunity Growth

HKSTP's orchestration extends to the facilitation of multiple Memorandums of Understanding (MOUs) between its Park companies and European entities. At VivaTech 2026, specific examples include Algreen signing an MOU with South Korean climate tech company ForNatures, Robocore securing deals with French advertising giant JCDecaux for robot supply and European market expansion, and LeafIoT exploring new opportunities with French and Catalonian environmental preservation organisations. These collaborations not only amplify research and development capabilities but also demonstrate a tangible increase in market reach and business development for Hong Kong's innovative companies.

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What role does HKSTP play in connecting Asian and European tech firms?

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