[eNews] HKUST MBA Fosun Technopreneur Competition Inaugurated

The first-ever HKUST MBA Fosun Technopreneur Competition took place on 4 December 2017 at the HKUST Business Central facility. The event featured five innovative business plan ideas and showcased the intellect and creativity of HKUST students in solving problems related to health and happiness.

With the generous support from the Fosun Foundation, the HKUST MBA Technopreneur Competition is a business plan competition organized by the HKUST Business School MBA Office, which aims to encourage students to employ their design thinking and business knowledge to solve problems from a customer-centric point of view.

This competition is different from other business plan competitions as it requires the students to form teams that are cross-disciplinary. The teams featured students from a variety of post-graduate programs at HKUST, including the MBA program; the MPhil Technology, Leadership and Entrepreneurship (TLE) program; and other Masters and Doctorate programs in the field of engineering and computer science.

In his closing remarks, Mr Li Hai Feng, Fosun Global Partner and President of the Fosun Foundation, said, "I am very impressed by the innovative, analytic data and the entrepreneurial mindset of the HKUST students. As one of the leading multinational companies with its roots in China, Fosun emphasizes on the importance of technology innovation and endeavors to support young talents to pursue their entrepreneurial ambitions. We are looking forward to more collaboration to open up more new opportunities for entrepreneurship and employment for students at HKUST.”

Professor Tam Kar Yan, Dean of HKUST Business School, thanked Fosun for their generous support and the great opportunity given to HKUST students to work across programs and schools to solve business challenges together.

Team Cryochip was chosen the overall winner by the five-member judging panel which consisted of HKUST faculty and Fosun senior management. The winning team put forward a solution on improving the technology in the in-vitro fertilization process. They were also named the Healthtech Award Winner.

Mr Li Hai Feng, Fosun Global Partner and President of Fosun Foundation (first left) and Professor Tam Kar Yan, Dean of HKUST Business School (first right) present the award to the following winners: Championship and Healthtech Award Winner (second from left): Samuel Dash ( MBAFT), Yi Wei Shu (Mphil TLE), Marco Chen (MBAP) and Pia Kottwitz (MBAFT).

1st Runner-up -Team Sensi, a wearable tech music and design glove, with team members (second from left): Diana Li (FTMBA), Max Rossner (UG Eng), Sod Thanakrit (FTMBA) and David Wexler (MPhil TLE)

2nd Runner-Up - Team Green Purifiers, an air purification equipment, with team member (second from the left): Julie Zhu (FTMBA), Yetao Lyu and Xiong Kun (MPhil in ECE), Adam Lau (FTMBA).

Happy Ecosystem Award: -Team Aromeo, an IoT aromatherapy delivery system: team members Michelle and Lee Tae Jun (MPhil TLE), Paul Ng, KS Lam (MBAP), and Winnie Hong (MPhil in IELM)

Special Jury Award: Team Metal 3D printing, a Metal 3D printing in medical and dental industries: team members: Benjelloun Ahmed (MPhil TLE), Tilita George Alexandru (PhD), Robert Faulhaber (FTMBA Exchange)


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