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Angel Fund

The HKMU Angel Fund Programme is designed to support dedicated young HKMU startups with the potential for growth and scalability. The programme offers financial investment of up to HK$1 million for each selected startup, to enhance their business operations and development.

Programme Offers

Up to HK$1M Investment

Local and Global Business and Investment Connections

Targeted Resources and Expert Guidance

Portfolio Company

Master the Application Process to Realise Your Dreams

Application Process 

Submit Your Application
Eligibility Screening
Briefing Workshop
Admission Panel Assessment
Result Announcement
Applications Open in mid-Dec 2025

1. Review the application guidelines and templates:

- Application Guidelines

- Video Pitching Guidelines

- Pitch Deck Template

- CV Template

2. Complete and submit your application via the online application form before 27 February 2026 at 12:00 noon.

Scheduled for March 2026
All submitted applications will undergo a thorough eligibility screening and shortlisting process, based on the submitted materials.
Scheduled for March 23–27, 2026
Shortlisted teams are required to attend a workshop briefing covering details of the Admission Panel Assessment, including guidance on presenting proposals effectively.
Scheduled for April 20–24, 2026
Shortlisted teams will be invited to interview with the selection panel to present their proposals.
Expected in May 2026
Admission results will be formally announced to all applicants.

*All schedules are subject to change depending on prevailing circumstances.

Submit Your Application
Eligibility Screening
Briefing Workshop
Admission Panel Assessment
Result Announcement
Applications Open in mid-Dec 2025

1. Review the application guidelines and templates.

- Application Guidelines

- Video Pitching Guidelines

- Pitch Deck Template

- CV Template

2. Complete and submit your application via the online application form before 27 February 2026 at 12:00 noon.

Scheduled for March 2026
All submitted applications will undergo a thorough eligibility screening and shortlisting process, based on the submitted materials.
Scheduled for March 23–27, 2026
Shortlisted teams are required to attend a workshop briefing covering details of the Admission Panel Assessment, including guidance on presenting proposals effectively.
Scheduled for April 20–24, 2026
Shortlisted teams will be invited to interview with the selection panel to present their proposals.
Expected in May 2026
Admission results will be formally announced to all applicants.

*All schedules are subject to change depending on prevailing circumstances.

A.

Preference will be given to companies that demonstrate business traction, including

  1. products / services development
  2. revenue generation
  3. customer expansion
  4. promotion strategies
  5. market growth
  6. alongside proven commitment from the founding team

Companies offering products / services based on HKMU's intellectual property and / or aligned with HKMU's strategic goals will also have an advantage.

B.

  1. The applicant must be a limited liability company incorporated under the HKSAR Companies Ordinance for normally not more than ten years as of the date of application.
  2. The management team of the applicant must consist of a Person-in-Charge (PIC) who is associated with HKMU in the following capacity at the time of application:
    • full-time or part-time HKMU student who have already obtained at least 15 credits for their study programmes as of the date of application;
    • full-time or part-time HKMU academic or R&D staff; or
    • HKMU alumna / alumnus who has graduated for normally not more than ten years. Alumna / alumnus who has graduated for more than ten years with solid business or entrepreneurship experience may also be considered.
  3. The PIC shall represent the applicant in liaising with HKMURDC in respect of the Angel Fund Programme application. The PIC must be a founder of the applicant, actively involved in the applicant's management, operations and development and maintain a significant ownership, such as holding at least 20% of the total issued share capital of the applicant.
  4. The PIC / and other core team member(s) of the applicant should not be associated (whether by way of share ownership, cooperation arrangement, management role, advisory role or otherwise) with other applicants, unless otherwise approved by HKMURDC. Full disclosure should be made in respect of the interest of any full-time or part-time HKMU staff in the applicant.

C.

Applicants should submit a completed online application form together with the following supporting documents:

  1. A 5-min pitching video (Click HERE for the video pitching guidelines);
  2. A pitch deck in English including, but not limited to, an executive summary, brief of the business, industry analysis, market analysis, marketing strategy, brief of the products and / or services, organisational structure, operational plan, contribution to the society, financial forecast, and key milestones (Click HERE for the pitch deck template);
  3. CVs of PIC and team member(s) (Click HERE for the CV template);
  4. Certificate of Incorporation (CI);
  5. Hong Kong Business Registration Certificate (BR);
  6. Articles of Association (AoA);
  7. Company's latest Incorporation Form (Company Limited by Shares) (NNC1);
  8. A copy of student card (for current student) or graduation certificate (for alumni) of PIC for proof of association with HKMU;
  9. A copy of latest academic transcript (for current student who will serve as the PIC);
  10. Company's latest audited financial statements (if any);
  11. Latest annual return submitted to the Companies Registry (NAR1) (if any); and
  12. A list of funding support from the government and / or other third-party investors, collaborating organisation(s) and the project title(s), award(s) and recognition(s), or any other substantial achievement(s) (if any). Supporting documents may be required if the startup company is selected.

D.

Upon approval, an investment of up to HK$1 million may be made in an appropriate format, which includes, but is not limited to, a Simple Agreement for Future Equity (SAFE).

The investment amount allocated to each selected startup may vary based on the recommendations provided by the selection panel. HKMURDC reserves the right to make the ultimate decision on funding amount and support provided.

The startup company shall apply the investment for:

  1. operating expenses such as staffing, training, rental, management fees, legal services, accounting services, and other daily office expenses;
  2. expenditures directly related to the development, implementation, marketing, and commercialisation of the proposed products and / or services; and
  3. essential office equipment.

The investment fund must not be used to pay off any of the debts of the startup company. The startup company is required to submit periodic financial reports to HKMURDC for review.

HKMU reserves the right to send representatives as independent advisors / observers to the board of directors of the startup company.

E.

Eligibility Screening

All applications will undergo an eligibility screening and shortlisting process based on the material received.

Selection Panel

Shortlisted applicants will be invited to an interview with a selection panel, where they will present their projects and respond to questions. The panel, comprising representatives from HKMU and experienced professionals from various industries, will evaluate the teams based on their presentations and any supporting materials. These evaluations will inform the final investment decisions.

Interview Process

The Selection Panel will evaluate the proposals using the following criteria:

  1. Innovation and creativity;
  2. Business model and commercial viability;
  3. Team composition and strengths;
  4. Stage of development (e.g. research and development, prototyping, commercialisation stage); and
  5. Potential impact on industry and society.

Due Diligence

All selected applicants must provide full disclosure and actively collaborate to facilitate thorough due diligence. Unsatisfactory results will render withdrawal of any investment decision.

F.

While each invested startup is required to provide HKMURDC with an annual written update, HKMU or its appointed representatives shall convene regular meetings to stay abreast of their latest developments, business and financial situations, and to explore joint business or promotion opportunities.

G.

Tentative Schedule

The next round of applications will be announced in due course.

H.

Briefing PowerPoint

The briefing PowerPoint slides can be downloaded HERE.

I.

Right of HKMU

HKMU reserves the right to make final decisions regarding the implementation of, or changes to the Angel Fund Programme and all associated activities.

Join the Angel Fund Programme now to receive investment and business expansion support.

Join the Angel Fund Programme now to receive investment and business expansion support.

Contact Us

Office of Research Affairs and Knowledge Transfer
Tel: (+852) 2768 6744
Email: startupfund@hkmu.edu.hk

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