After several months of hard work, our first accelerator programme (Betatron.co) has officially launched.
We’re delighted to announce the startups who have successfully made it into our first accelerator programme.
We received 147 official applications and after analysing each one in depth, we shortlisted our top 32.
The top 32 were then invited to our ‘pitch round’ – where they had to pitch their startup in under 3 minutes and then face Q&A from our team.
After the pitches were over, we narrowed them to our final 10, who we believed were the most suitable, and that we could add the most value to, through our programme.
The last round entailed in depth discussions, analysis, and due diligence of their startup.
Four startups successfully made it through the entire process and have just started the programme.
Each startup will receive US$30,000 funding, hands-on mentorship from our team of industry experts and experienced entrepreneurs, and also be provided with free workspace at our Betatron Lab in WeWork (Tower 535, Causeway Bay).
The programme will last four months, and has been carefully designed to optimize each startup, and then position them to scale by raising further funding.
The startups in our first cohort are:
Off Menu gives members exclusive access to secret dishes and drinks at Hong Kong’s most popular bars and restaurants.
Pakpobox Hong Kong was founded in November 2014 as an innovative 24/7 parcel lockers network to connect merchants, couriers and consumers. So far, they have installed 62 lockers in Hong Kong and have launched pilot projects in Taiwan and Malaysia.
They have been profitable since 2015, generating significant traction and revenue. The company’s mission is to enhance the delivery of parcels, laundry, groceries and food, by making the process more efficient and hassle-free. Pakpobox’s goal is to install 500 lockers in Hong Kong by 2020 and to continue to expand their presence in the Asia Pacific region.
Founders: Sheldon Li and Eric Choi
36Link is a one stop solution to digitalize and connect the fragmented B2B trucking & logistics industry. As a one stop solution, 36Link offers the shippers, the trucking companies and their drivers an open platform to run their business, look for new customers, and track their metrics.
What is the benefit of using 36Link? With one subscription fee, users can get a Truck Management System, a mobile app, a tailor-made company profile and the access to 36Link marketplace all at once.
36Link hope to improve the efficiency and service levels of the trucking industry in Hong Kong and China, and further extend to APAC and Worldwide markets in the next phase.
Founders: Felix Wong, LiChen, and Dick Wong
Vmind is a queue & reservation management app and online marketplace for services.
Merchants are empowered with scheduling and CRM tools to manage reservations, queueing, marketing and communication with their customers.
For customers, it’s a personal secretary app which helps them manage personal events, bookings, contacts with merchants, and provides a gateway to discover, interact with, book and queue for merchants’ services.
Founders: Paul Chu and Lhimark Lau