If you are building a startup in Hong Kong, your first source of support may be closer than you think.
Updated
May 7, 2026 1:16 PM

Main Building of the University of Hong Kong. PHOTO: ADOBE STOCK
Across Hong Kong’s public universities, entrepreneurship is now part of the campus ecosystem. Many universities offer startup funding, mentorship, training, workspace, investor access and pathways into larger incubation programmes such as Hong Kong Science and Technology Park (HKSTP) and Cyberport.
For student founders, researchers and alumni, this can be a useful place to begin. You may be able to test an idea, build a prototype, form a company or apply for early funding through your own university before looking for external investors.
The challenge is knowing where to start. Each university has its own startup programmes, eligibility rules and funding structure. Some are designed for student ideas. Others are built for research commercialization, deep tech ventures or startups already preparing to raise investment. Below is a practical guide to startup support and university startup funding at five major publicly funded universities in Hong Kong.

HKU offers a wide range of entrepreneurship support through HKU Techno-Entrepreneurship Core, also known as HKU TEC. Its programmes cover early ideas, deep tech projects, Greater Bay Area (GBA) expansion, research commercialization and investor matching.
HKU is especially relevant for founders working with university research, intellectual property or technology-led business ideas. It also has entry-level support for students and graduates who are still testing an idea.
Best fit: HKU works well for student founders, researchers and alumni who want a structured route from idea stage to technology commercialization.

CityUHK’s main startup platform is HK Tech 300. It is one of the clearest university startup pathways in Hong Kong because it is built in stages: training, seed funding, angel investment and access to external funding.
The programme is open to CityUHK students, alumni, research staff and members of the public using CityUHK intellectual property or technology.
Best fit: CityUHK is a strong choice for founders who want a step-by-step startup journey with clear funding stages.

HKUST has a broad startup ecosystem with support for students, alumni, researchers and faculty. Its entrepreneurship pathway covers idea exploration, prototyping, MVP testing, research commercialization and investment.
The university’s startup support is especially strong for technology companies, deep tech projects and teams commercialising HKUST research.
Best fit: HKUST is especially useful for tech startups, deep tech teams and founders who need a route from prototype to commercialization.

PolyU’s startup support is practical and product-focused. Its programmes cover early ideas, seed-stage teams, Greater Bay Area expansion, translational research and investment.
This makes PolyU a good fit for founders working on engineering, hardware, applied technology, social impact or commercialization of university research.
Best fit: PolyU is well suited for product-led startups, applied technology projects, GBA expansion and founders who want industry-facing support.

CUHK offers support for student founders, researchers and alumni through the Pi Centre and the Knowledge Transfer Office. Its ecosystem covers pre-incubation, TSSSU funding, early translational research, social impact projects and Greater Bay Area entrepreneurship.
CUHK is especially useful for students who want to start with an idea and later move into funding, mentorship or external incubation.
Best fit: CUHK is a good starting point for student founders who need pre-incubation support, and for researchers moving early-stage ideas toward commercial use.
There is no single best programme for every founder. The right choice depends on your stage, your university connection and the type of startup you are building.
Hong Kong’s university startup ecosystem is bigger than many founders realize. If you are a student, alumnus, researcher or university-linked founder, your campus may already offer a route into funding, mentorship, workspace and incubation.
The key is to choose a programme that matches your current stage. Some founders should start with idea validation. Others may be ready for seed funding, TSSSU support or investment.
Before applying, check the latest deadline and eligibility rules on the official university page. These programmes change often, and some funding rounds open only once or twice a year.
Keep Reading
Here’s the story of how a quirky toy transformed into a worldwide phenomenon.
Updated
January 8, 2026 6:35 PM
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Labubu vinyl figure displayed with surprise blind boxes in a store in Guayaquil, Ecuador. PHOTO: ADOBE STOCK
Trends move fast. One moment it's Dubai’s viral “Kunafa” chocolate bar, the next it’s Labubu—a mischievous-looking doll—racks up US$670 million in revenue this year, even outpacing Barbie and Hot Wheels. Celebrities like BLACKPINK’s Lisa and Dua Lipa have been spotted with Labubu dolls—whether as bag charms or in playful social posts.
For those unfamiliar, Labubu is the breakout character from the book series“The Monster” by Hong Kong-born, Belgium-based artist Kasing Lung. Alongside Labubu, the series features other quirky monsters like Zimomo, Mokoko and Tycoco—often grouped together as “Labubus”. These vinyl Labubu figures first entered the collectible scene in 2011 as “Monsters”, produced by Hong Kong-based production house How2Work. In 2019, Lung signed an exclusive licensing deal with Pop Mart, a Beijing-based toy collectible company, which further boosted the recognition and popularity of the franchise.
At first glance, Labubu might seem like just another fad. But the craze shows something deeper: in digital marketing, virality doesn’t happen by accident. It’s the result of timing, relatability and the rway global communities amplify trends.
So, what can marketers learn from the Labubu phenomenon? Let’s take a closer look.
Labubu’s unconventional aesthetics—a notorious grin, sharp teeth and wide eyes—break the traditional mold of “cute” toys. The social listening report from Meltwater, a media intelligence company reveals that from January to May 2025, mentions of “cute” outnumbered “ugly” nearly five to one. This “ugly-cute” look gave Labubu its identity and helped it stand out in a crowded market.
Marketing lesson: In a world of where everything blends together on endless feeds, uniqueness wins. Standing out with bold, even unconventional design choices can spark curiosity and desire. By leaning into what makes a product different, brands create instant recognition and give people something worth talking about.
Labubu’s surge in popularity is deeply rooted in Pop Mart’s focus on building genuine relationships with its fans. The company encourages user-generated content— unboxings, fan art, influencer stories—that fueled Labubu’s spread online and build brand engagement. Fans weren’t just buying toys; they were becoming part of a community that celebrated each new design.
Marketing lesson: Customers don’t want to feel like faceless buyers. They want to feel seen, heard and part of something bigger. By encouraging engagement and valuing contributions, brands can turn casual customers into loyal advocates who spread the word on their behalf.
While Pop Mart notes Labubu is most popular among women aged 18–30, its audience has broadened beyond that group. The design draws on influences from Nordic mythology and East Asian “kawaii” culture, making it feel both familiar and new to global audiences.
For Millennials and Gen Xers, Labubu also sparks nostalgia for toy crazes like Tickle Me Elmo and Beanie Babies that once lit up childhoods before fading away. Together, these layers of cultural resonance and cross-generational charm give Labubu an unusually broad reach.
Marketing lessons: Relatability is a powerful driver of virality. When a product can connect across generations and cultures, it expands far beyond a niche fan base. Brands that blend familiarity with novelty can build bridges to much larger audiences.
Labubu’s blind box model makes buying feel like a game. The thrill of not knowing which design you’d unwrap made collecting Labubus fun. It also turns buying into an emotional experience rather than a rational choice, fueling the urge to complete entire collections.
Besides, the suspense itself became content—millions watched unboxing videos to share in the excitement. Even BLACKPINK’s Lisa admitted she began with “only three to four” Labubus but soon wanted “a whole box” of the latest collection.
Marketing lesson: Mystery creates excitement, and excitement drives repeat purchases. By adding an element of surprise, brands can make the buying experience feels less like a transaction and more like a story unfolding. That thrill keeps customers coming back and makes the product easy to share online.
Pop Mart releases Labubus in limited drops, often tied to holidays or cultural events. Some editions include ultra-rare “chase” figures—appearing only once in every 144 boxes—creating a strong sense of urgency and fear-of-missing out (FOMO) among buyers. This strategy fuels a booming resale market, where regular figures retailing at US$25 can sell for US$200–US$300, and rare editions have even fetched prices up to US$150,000.
Marketing lessons: Scarcity isn’t just about limiting supply—it’s about building anticipation. By tying releases to events and sprinkling in rare editions, brands keep fans watching for the next drop. This combination of urgency and exclusivity transforms ordinary products into must-have collectibles.
Labubu has expanded its reach through creative brand collaborations. For instance, the Labubu x Coca-Cola series features figures in iconic red-and-white themes, while a Vans Old Skool drop merged streetwear in the clothing brand’s notable checkerboard pattern with collectibles. The One Piece collaboration blended Labubu’s quirky style with beloved anime heroes, appealing to fans of both worlds.
Marketing takeaway: Collaborations breathe fresh life into a brand and open doors to new audiences. Partnering with well-known names adds cultural weight and collectible value, while keeping the brand relevant in different communities. Done right, collaborations turn niche products into mainstream sensations.
Labubu’s phenomenal success is more than a passing craze. It’s proof that bold design, authentic community building, clever scarcity and cultural collaborations can transform a quirky idea into a global movement.
For marketers, the takeaway is simple: don’t just chase trends—create something real and let your community shape the story with you. Be bold, stay authentic and bring your fans along for the ride. That’s how brands move from fleeting hype to lasting cultural icons.