I had a pleasure to visit Cyberport, Hong Kong based business park and incubator, in this week (thanks to Dr. David Chung). Cyberport has really nice location in HK. And one of its ideas is to combine a nice environment to live and work. It offers excellent facilities, for example, for content and media companies by having studios to develop and edit rich content and excellent hosted IT infrastructure with very high speed connections. So, it is a good place for example for a game company (like the company that has done the successful Ninja Saga game for Facebook) or internet service companies.
This kind of business parks and incubators are important to develop web and mobile business. They improve companies’ capital efficiency, and really enable a group of 5 talented people to launch a world class service. These incubators are important also for investors. It helps investors work, if a company can get services from an incubator and if the incubator can also offer senior level support and advises to the company. It is also a kind of qualification that a company is selected to an incubator network that also makes investor’s own due diligence work easier.
Local incubators also need a good international network. This is something, where we see interesting new opportunities in the future: get incubators, investors, and companies around the world work together and combine right resources. Internet and mobile business cannot have geographical borders.
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This entry was posted on Friday, September 25th, 2009 at 7:28 am and is filed under Business Updates, Entrepreneur Inspiration. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.