15 more start-ups join accelerator

Business | 28 Dec 2020 5:47 pm

Fifteen new start-ups are joining the New World Development's (0017) Impact Kommons, Asia’s first accelerator founded by the company and more than 60 percent are from Hong Kong.

This gives them access to community events, mentorship, and business-to-business collaboration opportunities.

NWD said some technologies and solutions from start-ups have been used by its properties.

Impact Kommons received applications from 30 countries and regions for the second cohort of the program.

Among the 15 new start-ups, nine are local, while the remainder is from countries including Israel, Malaysia, and Belgium.

Start-up HM Environmental Technologies, recycles wood waste and uses them to launch systematic hoardings and multi-purpose wood boards.

V Cycle employs waste collectors to gather plastic bottles, which are turned into bags.




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