Hong Kong Baptist University (HKBU) recently received a generous donation of HK$1.5 million from Miss Nancy Hung, Executive Director of Ten Pao Group Holdings Limited, to establish the “Nancy Hung Start-up Seed Fund”. The Fund will support the “Start-up Saturday” competition and its related initiatives organised by the StarHub – Career Support and Incubation Hub at HKBU, thereby contributing to the sustainable development of society by offering comprehensive entrepreneurial support to empower young talents.    

Organised by the Career Centre of the Office of Student Affairs, the “Start-up Saturday” competition provides a platform for students to showcase their innovative ideas, receive guidance from industry experts, transform ideas into viable businesses, and build networks for entrepreneurial success. The winning team will receive seed funding of up to HK$30,000 and may also have the opportunity to join other incubation and mentoring programmes.  

Miss Nancy Hung is a member of the Young Entrepreneur Committee of the Foundation. She and her family are long-standing supporters of HKBU. Her father, Mr. Hung Kwong Yee, Chairman, Executive Director and Chief Executive Officer of Ten Pao Group Holdings Limited, gives generously to advance the University’s various initiatives, such as the Jao Tsung-I Academy of Sinology, scholarships and the Chinese Medicine Clinical Research Fund. In 2021, Mr. Hung set up the “Andrew Hung Memorial Fund for Business Entrepreneurship Support and Training” in loving memory of his son to support the HKBU Business Entrepreneurship Support and Training (BEST) Programme and continue his commitment to youth entrepreneurship. Mr. Hung is currently a member of the Entrepreneur Committee and Honorary Permanent President of the HKBU Foundation.