Cuhk connect magazine 20110611 20140616

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No. 1 June 2011

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Faculty of Business Administration, The Chinese University of Hong Kong

Center for Entrepreneurship

O INSPIRE A PASSION FOR ENTREPRENEURSHIP”

CUHK’s Center for Entrepreneurship Gaining

NEW GROUND

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ot many would dispute that Hong Kong is a city where work and business are the driving factors and lifeblood of the society and that the buzzing enclave has a heritage of entrepreneurship. Therefore, it would be quite unexpected to discover that the percentage of individuals starting their own business in recent history is low. But that is exactly what was revealed after a study was conducted to investigate the current status of entrepreneurship in Hong Kong and Shenzhen, which compared how these two cities fared alongside other countries worldwide. The ensuing report, ‘Global Entrepreneurship Monitor (GEM) 2009 Hong Kong-Shenzhen’, showed that Hong Kong people nowadays are much less enthusiastic about starting their own business compared to people in China. Shenzhen has also declined in entrepreneurship after its rapid development. “In Hong Kong, most of the people, including students, are not completely aware of entrepreneurship or what it means,” said

Prof. Kevin Au, Associate Director of the Center for Entrepreneurship. “They talk about it but they do not really know what it is and many of the students who come here are looking to work in large corporations.”

generally, most of the people are not very interested to become an entrepreneur.” GEM is a research consortium of over 300 scholars from over 50 countries and produces the world’s most scalable

We wanted to learn more and promote entrepreneurship

in Hong Kong in order to motivate and encourage people to innovate and take risks. “Even their parents are hoping that they will work for large corporations,” continued Au. “If you have a kid and you have invested half a million dollars in their education and they tell you that they want to start their own company, you may think, ‘No, it’s too risky’. Whereas, if they tell you that they want to work for McKinsey or a large investment bank, the thinking is often, ‘Good for you’. That is the natural tendency and so

research report, providing information on the situation of entrepreneurship. Through comparison with the rest of the world, it studies and analyses the current status of entrepreneurship in Hong Kong and Shenzhen and the difficulties that people may encounter in the start-up of their own business. More than 4,000 Hong Kong and Shenzhen residents responded to telephone interviews in the 2009 study.


CUHK’s Center for Entrepreneurship Gaining New Ground

The results of the GEM 2009 report showed that a mere 3.6% of the adult population in Hong Kong are involved in early stage entrepreneurship with 1.6% setting up new companies and 2.2% managing firms less than 3.5 years old. 2.9% are entrepreneurs in established, owner managed companies. Hong Kong has experienced a dramatic drop in entrepreneurial prevalence since the last study in 2007. GEM defines entrepreneurship as those in the adult working population that have started a company within the most recent three and a half years. Au concludes that there are a number of reasons for the decline in entrepreneurial spirit.

There is an overall

deterioration in confidence and dramatic changes in the perception of entrepreneurship combined with a general lack of understanding on the topic. The general sentiment is that the opportunity costs are high and people maintain a mindset that entrepreneurship does not really pay off or they would rather make quick and immediate money working for a corporation. “Traditionally, if you are an undergraduate, then you would try to find employment at a large and reputed corporation and work your way up,” continued Au. “After ten years, you become the head or partner. This was a successful formula in the 1980s but now, things are changing. But the traditional thinking remains the same, especially for the parents’ generation.” “In addition, Hong Kong is a highly competitive society, unlike India and China, where there is still a lot of room to start new companies. Here, you must be very competitive with a new technology or a new business model because the market is already flooded with businesses and ideas.” There has also been a decline in confidence in the ability to succeed. The general 2 | CONNECT

population views an entrepreneurial career as undesirable and the attitude relates to the perception of opportunity. The GEM reported that, in Hong Kong, those who thought that there would be good business opportunities in the next six months dropped from 81% in the spring of 2007 to only 14% by mid 2009. This dramatic shift was a consequence of the impact of the global financial crisis. “After all these findings, we felt that there was a strong need to do something to improve the overall entrepreneurial environment so that Hong Kong people would gain the spirit of entrepreneurship and bring about creativity,” said Au. “Hence, we started the Center for Entrepreneurship (CfE) because we wanted to learn more and promote entrepreneurship in Hong Kong in order to motivate and encourage people to innovate and take risks.” Launched in 2005, and now headed by Prof. Hugh Thomas, Director of Center for Entrepreneurship, CfE is an interdisciplinary association of scholars united by research, teaching and community service in entrepreneurship. The centre aims to understand and promote entrepreneurship in Hong Kong, the Pearl River Delta, Greater China and the world through research, education and practice. “The CfE’s mandate is to try and change the prevalent attitudes and perceptions,” said Au. “But we wanted to take it a step further and not only change the perceptions, but also to translate it into actions. We felt an emphasis was needed, not only on the theoretical teaching side, but particularly on the practical side — that is, putting ideas into practice and taking a much more concrete, hands-on approach.” This is done through business plan competitions such as the Vice-Chancellor’s Cup of Student Entrepreneurship (VCCE). The VCCE is a campus-wide competition that invites all CUHK students to submit their start-up business plans. A judging panel, comprised of venture capitalists, entrepreneurs and investors select the teams with the best plans that present the most attractive investment opportunity. Winners of the VCCE go on to represent CUHK in international competitions. Another example of the CfE’s mandate of putting theory into practice is its organisation of the Hong Kong Social Enterprise Challenge (HKSEC). This is a governmentsponsored, city-wide competition for individuals to submit creative business plans

Prof. Kevin Au

Associate Director Center for Entrepreneurship

that promote social good. The competition provides opportunities for individuals and organisations across all sectors to launch and run innovative businesses. These may include the provision of employment for the socially disadvantaged, family support services, or elderly care services. Over 2,200 students from 21 tertiary institutions in Hong Kong have joined this competition since it was started four years ago and over 400 creative social venture ideas have been submitted since 2007. The interest levels this year were encouraging. 685 students from 19 post-secondary institutions submitted 112 complete plans to 161 mentors, judges and faculty advisors. Au is quick to point out that these competitions are not about monetary awards. “The business plan competitions are not about handing out big prize money. Instead, we place a big emphasis on turning their business ideas into reality. After the participants develop their plan, the CfE continues to support them on implementation so that they eventually start up a viable company.” The VCCE’s first prize is HK$8,000; second prize is HK$5,000 and third prize is HK$2,000.


CUHK’s Center for Entrepreneurship Gaining New Ground

We felt an

emphasis was needed, not only on the theoretical teaching side, but particularly on the practical side.

So far, the CfE has served its purpose well.

In the past few

years, I have noticed that more and more people are becoming interested in entrepreneurship. “I have also noticed that the societal norm and mindset has adjusted a bit. In the past, we did not have a concentration on entrepreneurship because the society here placed more emphasis on the traditional educational path. But now, youngsters think that going the traditional route is too oldfashioned and that it no longer works that way. These days, they have many highprofile examples of entrepreneurial success stories, especially in the social media realm, such as facebook, twitter, google, and a myriad of other business models.” “An entrepreneurship concentration in the MBA programme at the school has definitely made some difference,” continues

Au. “It helps to spark an interest in the students and help them understand and learn the applicable skills to set up their own companies. We find that many potential candidates we interview now have an ambition to set up their own companies some time in their career. And many of our graduates first start out working for large corporations after graduation and then after several years, they decide to start their own companies.” A student going through the programme can come away with a comprehensive and wellrounded understanding of entrepreneurship from different perspectives. “As interest increases, I have been able to structure the courses so that they are rich in content and systematic,” said Au. “We now have certain types of classes to reflect the different stages of starting up and operating a company. Also, there are classes organised to reflect the different functions, such as sales, negotiation and others that reflect the type of entrepreneurship, such as technology ventures and business in creative industries.” Like any successful business, the CfE never ceases to come up with new plans and ideas for improvement. “We will be starting a

set of courses on family entrepreneurship. A lot of the entrepreneurship spirit arises from family so it is about how we can best preserve, continue and educate the second generation to expand an already existing family business to become a leader in the industry and other sectors in the society.” The CfE is also aiming to bring in more high-profile entrepreneurs, such as Dr. Robert P. Lee, who have a wealth of experience and knowledge to share, having lived through many challenges on their own entrepreneurial journeys. “We are extremely fortunate to have someone as renowned and revered as Dr. Lee as part of our team,” said Au. “He is able to add immense value by presenting concrete examples and strategies gained through a lifetime of firsthand experience. The type of education that Dr. Lee can bring to our students is a nontheoretical type of knowledge that is not as easily acquired through textbooks.”  Bianca Zee

No.1 June 2011 | 3


Dr. Robert P. Lee: Instilling drive and passion

Instillin DRIVE and PA

Dr. Robert P. Lee:

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istening to Dr. Robert P. Lee’s list of achievements is a bit unnerving for a mere, average individual. He has a CV that could easily be at the top of a Fortune 500 Who’s Who list of successful entrepreneurs. His PowerPoint biography is ten slides long, a length that is necessary to properly convey his abundant career credentials. He has been featured in various books about Silicon Valley and appears frequently in Chinese and international print and television media. In fact, one newsletter article is unable to do justice to the list of achievements that this esteemed, global high-tech executive has accomplished so far in his lifetime. “I am the kind of guy who is very driven and determined about what I want to do with my life,” said Dr. Lee. A bit of an understatement for someone whose career has seen him host Queen Elizabeth II; China’s Vice Chairman of the Standing Committee of the National People's Congress, Cheng Si-wei; Hong Kong’s former Chief Executive, Tung Chee-hwa; Costa Rica’s President, Oscar Arias; and US Secretary of Labor, Elaine Chao, amongst other heads-of-state and senior government officials. Multi-dimensional does not even begin to describe Dr. Lee’s career path and personal accomplishments. Dr. Lee is a 35-year veteran of the global high-tech industry and is Executive Chairman of Achievo Corporation, a software outsourcing and information technology services provider that he co-founded in 2002 and served as its CEO from 2002 through 2008. During that time, he was also CEO of Accela and led the company to become the dominant government enterprise software firm in the US. Dr. Lee was CEO of Inxight Software, a Xerox spinoff that tripled in revenues and raised US$29 million of venture funding under his leadership, and CEO of Insignia Solutions, a software company that he took public on NASDAQ in 1995. Dr. Lee was also Executive Vice President of Symantec where he acquired and integrated six companies. He was Senior Vice President at Shared Medical Systems Corporation and started his career at IBM and Computer Sciences Corporation.

Q: When you were a young student finishing high school in Hong Kong, did you already have the desire to become an entrepreneur? What were the driving factors that sparked your interest in entrepreneurship? A: I jumped straight from Form 5 to university at the age of 17 and graduated three years later at UC Berkeley in California with a degree in Computer Science. I went on to graduate school at UCLA and obtained my master degree in a year; and then continued on and a year later I finished all my coursework for my PhD, which enabled me to enter the workforce. The first company I joined was called Computer Sciences Corporation. I was in Los Angeles, pursuing a rather successful career and wondering what I was going to do with my PhD. I decided to remain in the industry and join research labs, working for IBM.

Dr. Lee could not have been a more aptly chosen individual to fill these roles as he brings an immense wealth of experience and knowledge, direct from the hearts of the corporations that he has helmed throughout his illustrious career. In other words, nobody can tell it like Dr. Lee, who has rolled up his sleeves time and again, gotten his hands dirty, and is willing to share the trials and tribulations first-hand with his students.

After two years as a researcher, I found myself missing the action of industry. So, without changing companies, I changed direction instead and began climbing the corporate ladder, moving six times within IBM during my eleven years there. The promotions came quickly and I was probably one of the fastest Asian Americans rising up the ranks. IBM, in the late 1970s and 1980s, was growing tremendously and one of the most admired companies in the world.

For our launch edition, CONNECT had the true honour of sitting down with Dr. Lee to find out more about the drive and passion that goes into being a highly-respected and sought-after CEO and entrepreneur, and to gain some insight into his motivation for joining the CfE at CUHK.

During one of the promotions, I moved to Austin, Texas and by that time, had become a third-line manager. Other Chinese-Americans within the company

Now, this esteemed serial entrepreneur and Silicon Valley CEO is adding another notch to his professional ladder and The Chinese University of Hong Kong (CUHK) will be the fortunate beneficiary. Dr. Lee will be fulfilling various roles as Professor in Entrepreneurship Practice, Associate Director of MBA Programmes, and Advisory Board Member of the Center for Entrepreneurship (CfE).

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Dr. Robert P. Lee: Instilling drive and passion

ASSION praised me and would say, ‘Wow, you must be really proud of yourself being a Chinese in senior management!’ What was becoming very clear by this time was that, whichever organisation I happened to be in, I biased the statistics in terms of minority participation in senior management. So, while people were congratulating me, I actually felt a little sad about it. ‘Why should this be?’, I thought. There are many people who are just as capable who should have had the opportunity. This scenario planted a seed in my mind so that, other than pursuing my own career aggressively, I became mindful of the journey of Asian-Americans. Q: A f t e r s u c h a s u c c e s s f u l c a re e r trajectory at a large, worldrenowned multi-national corporation, what propelled you to leave IBM and embark on the path of entrepreneurship? A: It was one of those fateful days when you receive a phone call and they make you an offer that you cannot refuse. I left IBM and joined a smaller company, reporting to the chairman. At IBM, although I was climbing very fast, I was not one of the top people. I became one of the top executives at this smaller company and that is where I really got a taste of the ‘C-Suite’. I was there a little over a couple of years but something was pulling at me. An opportunity arose in Silicon Valley and I decided to take it and became the number two person at a company called Symantec. While I was there, I led the company through a very high-growth phase, including the

Dr. Robert P. Lee

Advisory Board Member Center for Entrepreneurship

No.1 June 2011 | 5


Dr. Robert P. Lee: Instilling drive and passion

acquisition and integration of many companies, however, there was still something pulling at me. I was very aware that I still had not been a CEO. It became obvious to me that at Symantec, although I was very successful, the chances were highly unlikely that I was going to become CEO. So I left. Hence, I went out and founded my own company and for the first time, I tried to become an entrepreneur. Q: You have had such a thrilling and rewarding career, steering many companies through various peaks and troughs. What eventually led you to pursue a role in academia after leaving it for over 30 years? A: I get bored easily and I always look for new challenges that are meaningful. A couple of years ago, I asked myself, now that you have been a CEO for 20 years, what are you going to do with your life and I decided to find something meaningful, yet challenging, and that is why I decided to dedicate a large part of my time to education. Q: Other universities must have beckoned as well. Why did you decide to come to CUHK? A: I think CUHK as a business school is really uniquely positioned. If you look at China’s recent history, it has been the factory of the world now for many years but it is changing and growing. Instead of being an export economy, the Chinese market has developed so much that everyone wants to build a presence in China. What lies ahead is that the Chinese are coming out of China to the world and business is truly becoming bi-lateral. I think Hong Kong is not only a gateway to China but has become a true bi-lateral hub where language, identity, and structure merge together. These unique attributes make it an increasingly interesting and great place to be. I believe, therefore, that CUHK is an interesting and great place for me to be. Q: You have met and mentored so many entrepreneurs during your career. What do you think are the necessary ingredients to succeed as one? A: If there is one recurring trait in my personality, it is that whatever I set out to do, whether it is in business or academia, I want to be terribly successful at it. It is an unwavering commitment that every entrepreneur must have to succeed. Being an entrepreneur, you need to be focused and completely driven because there are days when it is so dark you think you will never make it. You must be rational and irrational at the same time because on the entrepreneurial journey, unless you have lived through it, there are no stories that can accurately reflect the reality of it all. Unless you have been really threatened with not being able to make payroll, you cannot even imagine what fear is. Imagine leading a group of people who count on and trust in you and in two days, they are not going to be paid as they expected. Talking about it conceptually is one thing but living it is something completely different. It is vital to have this passion inside, one that is willing and wanting to persevere. Most entrepreneurs that I have met and who have made it, possess that passion and drive.

6 | CONNECT

Q: What do you feel you can bring to CUHK and the CfE? A: I will be sharing these experiences to the best of my ability. My teaching it is still not the same as actually experiencing it, but at least students will hear it from someone who has lived through it directly, remembers it vividly, and will share the story with a passion. If I am able to bring this to CUHK, then I have added my value. The people who run the faculty recognise this value and are targeting to bring in more people, similar to myself, who have been fighting the battle in the field. I am the type that likes to reflect and learn from what I have accomplished, therefore, spending time in academia suits me and also allows me to bring what I have learned to the students here. Q: What do you hope that a student who comes to CUHK to obtain an MBA takes away with them? A: The school is making it a priority to deliver first-hand experience and knowledge to the students. I feel very fortunate because when people ask me very direct questions, I have been able to answer using concrete examples of challenges that I have faced and the strategies that I developed to solve them. I have discovered that when you try to teach business, situations always vary and you never have the same things happen twice. So, you always teach and learn by analogy. It is a knowledge base that can be used effectively and can be built upon. I hope to do that here and that this type of first-hand experience will benefit the students. I am teaching real-life situations on how to run a company. I hope that a student who comes to CUHK to get an MBA will acquire the skills to operate like a business person and not just as an analyst, who will learn to think two layers deeper and therefore, anticipate problems because, much of the time, it is about becoming aware of the problem early enough in order to prevent bigger problems from developing. CUHK also has something no other MBA Programme in Asia can offer. Networking is tremendously important in doing business. With its 45-year history, the alumni network of CUHK/MBA is unsurpassed. No other university in Asia has this proud tradition. Q: Why is there a new focus on entrepreneurship within the MBA Programme and how are you involved? A: Two things are hot topics today in business training as well as in society in general — entrepreneurship and innovation, and they are quite related. Very few business schools have a programme focused on entrepreneurship. At CUHK, it is still relatively new and we have an emphasis on it but we still need to do more. With the CfE, it is a start. The focus is therefore, to create and train leaders in this innovative economy, which in turn benefits the society. This is what I hope to do as Professor of Entrepreneurship Practice at CUHK. Bianca Zee


Norris Lam: Entrepreneur can be trained

I chose D. As Mahatma Gandhi once said, “Nothing pains some people more than having to think.” Norris Lam is definitely not one of those people. She said she prefers open questions, because it gives her space to think. “I remember when I was studying at CUHK, students had a lot of opportunities to participate in business-related competitions organised by the university, associations and enterprises,” Lam said. “Students could learn things in a totally different environment, like in the real world, because you were able to interact with entrepreneurs, investors, professionals and peers.” She continued, “What’s more interesting, I always convinced my team members to do something different. We won most of the time, but when I look back now, the results were not that important. It was what we learned from the process that benefitted us most.”

Norris Lam

Managing Partner and President Forbes Private Capital Group Asia

Norris Lam:

ENTREPRENEUR CAN BE TRAINED

I

read several stories about Norris Lam before I went to her office in Hong Kong’s Central district to meet her. Besides her impressive achievements in the world of finance as the former Managing Director and Head of Asia for Guggenheim Capital Markets and current Managing Partner and President of Forbes Private Capital Group, Lam is also described as a finance industry heroine who “robs the rich to give to the poor”. With all this as a backdrop, I can’t help but wonder what she must be like. Is she a warrior who never wears a smile? The answer is no. When I stepped into the offices of Forbes Private Capital Asia, I saw a petite young woman talking softly on the phone. This answered the first question but brought up a second one: how did she become so successful? I asked this question as soon as she got off the phone and we began our interview. Without any hesitation, Lam gave me three reasons: diligence, being forward-looking, and through networking. “These are the three most important elements in making a successful entrepreneur,” Lam told me. Lam has a very colorful past: she won competitions when she was still a student at The Chinese University of Hong Kong (CUHK); she rejected an offer from a major world investment bank to join a global training programme after she graduated from university; she once asked her boss to reduce her salary in a job interview; and she’s heavily involved in charities. While much of this is remarkable and unique, Norris says everyone can learn to be an entrepreneur; all one needs is to “do it right”.

Lam convinced her team members that none of the given answers, A, B, or C, were good enough to answer the competition question. Therefore, the team would discuss and come up with another possible answer, which Norris called answer D. To prove answer D was right, the whole team would spend several nights together to figure it out. This “forward thinking” habit remains with Norris. She says she always tries to spend more time actually thinking. “If forward thinking becomes a habit of yours, you don’t even notice it; you just naturally do it that way. The habit is definitely trainable,” she said.

I declined the investment bank offer. As one of the 10 nominees for the Hong Kong Outstanding Students Award, Norris Lam not only excelled in her academic studies, but also displayed her talent and ability in extra-curricular activities and social services. After graduation, Lam received several offers from international financial firms and banks. One was from a worldrenowned investment bank, which Lam found quite attractive. To help convince her to accept, the bank organised a lunch between Lam and 18 employees to sell her on the offer. Despite their best efforts, Lam declined and accepted a position as an international trainee with HSBC. “I talked with many people before I made the decision, including people who were working in both of these two companies. They told me I would learn more if I work as a trainee with HSBC and get to travel to many different places and see more things. I was so thankful that they all went out of their way to help and give me their advice,” Lam said. During our interview, Lam said several times how important “networking” is to an individual’s success in the business world. “If you think networking is just collecting name cards at parties or dinners, you are wrong. Networking should not be selective; you have to show respect to everyone, no matter who they are. Maybe that’s why I had so many friends who were willing to help me,” she said. No.1 June 2011 | 7


Norris Lam: Entrepreneur can be trained

Please lower my salary. Lam’s career was off and running after accepting her position with HSBC. She was working in different offices around the world and was a rising star in the company. Despite this, she had to bear down and work doubly hard for a position in the United States. “I was going from New York to Silicon Valley for a position that required an engineering and financial background. I knew nothing about engineering at that time, but I told the person interviewing me, ‘you decide how much you pay me; you can cut my salary, I just really want to work for this firm.’ Fortunately, he accepted me. And better, in six months, my salary went back to the normal amount,” Lam said, chuckling. Looking back, working at the US firm was just one of many pearls on a beautiful necklace, but only Lam knew how she got that pearl. “I worked really hard, I had to learn about engineering after work, so I only had 4 or 5 hours of sleep every day. Also I had thought Silicon Valley was cheaper than New York, but it was just as expensive and my salary was not enough. Fortunately, I had friends from secondary school working as engineers in Silicon Valley at that time. They were so patient and taught me a lot about engineering. I survived!”

Giving back is a matter of

the heart.

Today, Lam is known by local media as the woman who “robs the rich to give to the poor”. But why? “One of the conditions of my current position in this company is I still can do charity work. Many of my clients, who are really successful business owners, are really fond of doing charity work themselves. Normally after we talk about business, I tell them stories about how many families in the rural areas of Mainland China can still not afford school fees for their kids, especially girls. Most of the time, my clients join us to donate money. I guess this is what they call ‘robbing’ the rich to give to the poor,” Lam explained.

Last year, Lam and a group of former Hong Kong Outstanding Students Awards winners established the Youth Arch Foundation, which organises activities that bridge the recipients of the two awards, foster youth participation in community services and promote leadership. “I think it is really important to always think about giving back to society, in whatever form. When I was a student, I had more time, but I didn’t have the financial wherewithal. Back then, I would organise flea markets or volunteer to serve in the community. Now I don’t have a lot of time, so I use my network to donate money. It is a matter of the heart,” Lam said. “I’ve seen people become successful but disappear not long after; at the end of the day, what you do to help others matters the most.” As an alumna of CUHK, Lam is eager to help current students earn internships with her company so they can gain experience in the real business world. “I cannot emphasise more how important real world experience is to young entrepreneurs. Take opportunities offered by CUHK and the CfE to get experience and practice; if you are eying opportunities in other countries, go visit and get to know the culture, which is really important if you want to do business in a new market,” Lam said. She had one other piece of advice: “Be patient.” Everyone looks for the secret of success, but maybe there isn’t just any one secret. “There is a myth that entrepreneurs have special traits that distinguish them from other people, but research shows no unique characteristics,” according to Raffi Amit, Academic Director of Wharton’s Goergen Entrepreneurial Management Programmes. That’s where hard work and knowledge come in, both of which have played a big part in the success of Norris Lam. Now she’s giving back the community by sharing her experiences with students at CUHK’s CfE.

Upcoming Course / Event The 5th Intake - 2011 Entrepreneurship For Design & Creative Business Programme Details: Commencement Date: 25 Jun - 17 Sept 2011, every other Saturday, plus one-day visit to Pearl River Delta InnoCentre, 72 Tat Chee Avenue, Kowloon Tong Language: Cantonese as teaching language with English and Chinese teaching materials Enquiry: (852) 3793 8465 Website: http://entrepreneurship.baf. cuhk.edu.hk/2011-efdcb Venue:

Hong Kong Cyberport Creative Micro Fund Young Entrepreneur Programme HK & SZ pair up team will get HK$100,000 each for roll out their business idea. Enquiry: Website:

(852) 2609 7542 / (852) 2609 7180 http://www.cyberportcup.org

CUHK Entrepreneurship Week (EW) 2011 The EW includes a series of seminars on incubation programme, experience sharing by entrepreneurs, exhibition showcasing successful entrepreneurs and other activities. Events from September 15 to 20, 2011 on CUHK campus. Enquiry:

(852) 2609 7542

Enroll Now! - CU Alumni Entrepreneur Network (CUAEN)

Xie Qing

CUAEN is a network of entrepreneurs from CUHK alumni providing expert advice to CUHK students and recent graduates in the areas of starting business, commercialising technologies and transferring knowledge to the community. Our major activities include Entrepreneurship Mentoring Programme, Directory of Alumni Entrepreneurs and Case Study of CU Alumni Entrepreneurs. Enquiry: Website:

(852) 2696 1967/ (852) 2696 1691 http://entrepreneurship.baf. cuhk.edu.hk/cuaen/home

Address: The Chinese University of Hong Kong, Shatin, N.T., Hong Kong, SAR, The People’s Republic of China Email: eao@baf.cuhk.edu.hk Tel: (852) 2696 1842 Website: www.baf.cuhk.edu.hk

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