PolyU, GL Ventures to encourage the integration of the University’s scientific research with innovative industries

The Hong Kong Polytechnic University (PolyU) and GL Ventures entered into a strategic partnership to promote the integration of the University’s scientific research with innovative industries. The collaboration aims to nurture PolyU research teams and start-ups with high potential, while advancing the transformation of scientific research into practical applications and the commercialisation of technology, contributing to the innovation and technology (I&T) development of Hong Kong and the Greater Bay Area. The Memorandum of Understanding (MoU) signing ceremony was held today. Witnessed by Prof. SUN Dong, Secretary for Innovation, Technology and Industry; Prof. Jin-Guang TENG, President of PolyU; and Mr Luke LI, Founding Partner of Hillhouse, the MoU was signed by Dr Miranda LOU, Executive Vice President of PolyU and Ms Yan LI, Partner of Hillhouse.

On the same occasion, the Innovation & Investment Connect Panel Session was held, bringing together industry leaders and I&T stakeholders for a stimulating panel discussion titled “How to facilitate research commercialisation from policy maker and investor perspectives”. The panellists explored the opportunities and challenges of the commercialisation of scientific research. In addition, PolyU scholars and representatives from six GL Ventures’ investees engaged in roundtable discussions on biomedical innovation and sustainable innovation at two parallel thematic sessions. The roundtable discussions shed light on the opportunities in the biomedical innovation ecosystem in Hong Kong as well as clean energy technologies and related industry development trends.