We are pleased to announce the 7th Annual One Million Dollar Entrepreneurship Competition was held on June 8 (Exhibition and Elevator Pitch) and June 9 (Business Plan Presentation).

This year a total of near 90 teams participated which most of the competing teams were composed of HKUST faculty, staff, students and alumni from the schools of Science, Engineering and Business. Judges on the panels of the four round assessments are from leading executives, professional investors and entrepreneurial academics. After rigorous competition of the 12 shortlisted teams, following awards were given in the Award Dinner on June 12:

President Award

Team Name

Maxustech

Primary Area

I.T. & Smart Tech

Brief Description

Maxus Tech is dedicated in bringing novel controlling methods, say gesture control, to smart home devices, providing a more natural way for human computer interaction.

GF Securities Award

Team Name

Clare.AI

Primary Area

Fintech

Brief Description

Clare.AI is building white label financial messaging chatbot for banking, insurance and high volume customer service center.

GF Securities Award

Team Name

Light Innovation Technology

Primary Area

Healthcare

Brief Description

We represent the most advanced light sheet technology for live & large sample bio-imaging. Our LitoneTM LBS light sheet system is the most powerful platform ever for high-resolution multicolor 3D live imaging with ultralow phototoxicity.

Innovation Award

Team Name

Light Innovation Technology

Primary Area

Healthcare

Brief Description

We represent the most advanced light sheet technology for live & large sample bio-imaging. Our LitoneTM LBS light sheet system is the most powerful platform ever for high-resolution multicolor 3D live imaging with ultralow phototoxicity.

Exhibition Award

Team Name

InnoWat

Primary Area

Enviornmental & Sustainability

Brief Description

The product/service of InnoWat is offering wastewater treatment plants our one-stop solution, from design consultancy to specilized equipments (i.e. our products) installation, for them to realize productions of sulfated polysaccharides (a profitable raw material for food and pharmacy industries) as well as energy during wastewater treatment.

Elevator Pitch Award

Team Name

Maxustech

Primary Area

I.T. & Smart Tech

Brief Description

Maxus Tech is dedicated in bringing novel controlling methods, say gesture control, to smart home devices, providing a more natural way for human computer interaction.

Student Team Award

Team Name

P-Sense

Primary Area

I.T. & Smart Tech

Brief Description

We provide indoor people tracking technology to help mall owners and shop owners manage their facilities with insights and analytics. With the tracking history, we provide advertisers a personalized marketing platform.

Student Team Award

Team Name

Xavier

Primary Area

Robotics & A.I.

Brief Description

Xavier is a fully integrated brain controlled wheelchair. Using a non-invasive electroencephalogram (EEG), the wheelchair does not require a functioning nervous system or physical interaction to control it, instead relying solely on the power of one’s brain activity. With this novel approach, we hope to transform the lives of physically handicapped giving them back their freedom.

Focus Area Awards