Support Fund for 2020 Graduates

Introduction

In response to the adverse economy and rising unemployment rate, LEI proposes to introduce a series of new programmes to provide immediate support and career development aid to 2020 graduates. These new LEI programmes are designed to empower 55 graduates to explore alternative career opportunities, gain practical work experience, and exercise workplace leadership. Short term goals include:

• nurturing 2020 graduates to develop businesses and self-employment opportunities
• engaging 2020 graduates in joint-incubation programmes
• engaging 2020 graduates in global innovation and entrepreneurship competitions
• offering 2020 graduates startup or office internship

The goal is to engage graduates with meaningful innovation and entrepreneurship challenges during the job-seeking period. Graduates will also gain employer-appreciated experience that would elevate their employability when the economy rebounds.

 

LEI Programmes

LEI will make full use of its I&E network to offer five types of services: (1) Business Ready Opportunities, (2) Joint Governmental Incubation Programmes, (3) Joint Private Incubation Programmes, (4) Competitions and (5) Internship.

1. Provide business ready projects for the students' startup business, not-for-profit organisations, social enterprises for a more inclusive economy
2. Develop Joint-incubation programme with HKSTP and Cyberport to shoot for startup funds
3. Bring in business elites from established co-working spaces to provide intensive coaching and hands-on support for graduates to develop their business ideas
4. Mentor student groups to engage in major local and global competitions and funding applications (e.g. ITF, Bill and Melinda Gate Foundations, etc.)
5. Provide part-time internship programmes in startups and offices
6. Provide students with knowledge on financial empowerment

 

Benefits

These empowerment programmes will benefit students in one or more of the following ways:

• Become self-employed in the process
• Gain work experience in office or startups
• Acquire demonstrable problem solving and leadership skills
• Enrich CV with award recognitions

Opportunities

Graduate internship and short-term employment	Hong Kong Science and Technology Park Incubation Programme
	Cyberport Incubation Programme
	Co-working space Programme (Eg. The Desk and Dream Impact)
	Start-up Internship (Eg. HobbyHK and HOMM Fintech Company Limited)
Start-up business / Entrepreneurship / Inclusive economy	Provide business ready projects (such as commercializing UV light project) for students to set up new startups or social enterprises
	Develop and run your own startup/business
Graduates training, skill enhancement, and mentorship support	Global Competition Programmes (STEP Programme, Join Hack.Asia)

 

Subsidies

Item	Timeline	Subsidies
Business Startup for Operation	Jun to Dec 2020	Lump-sum of HKD30,000 for 1 team
HK Science and Technology Park Incubation Programme	Jun to Sep 2020	Lump-sum of HKD30,000 per student for 10 students (4 months duration)
Co-working Spaces Incubation Programme	Jun to Sep 2020	Lump-sum of HKD30,000 per student for 10 students (4 months duration)
Global Competition Programme	Jun to Sep 2020	Lump-sum of HKD30,000 per student for 10 students (4 months duration)
Part-time Internship at Offices or Co-working Spaces	Jun to Dec 2020	HKD8,000 per month for 20 students (6 months maximum)

 

Eligibility

• Graduates of UG programmes in the academic year of 2019-2020

 

Application
Please submit the application form with your resume to lei@ln.edu.hk on or before:
1) First Round Deadline: 9 Jun 2020
2) Second Round Deadline: 23 Jun 2020
3) Third Round Deadline: 9 July 2020
4) Fourth Round Deadline: 27 Aug 2020
5) Fifth Round Deadline: 4 Oct 2020
6) Sixth Round Deadline: 19 Nov 2020 

 

Please download the Application Form here.
 

Contact

For more information and show interest, please contact our NINJAs.

Nick (2616 8072) or nicholasooi@ln.edu.hk
Fung (2616 8061) or hiufungkum@ln.edu.hk 
Jessica (2616 8063) or jessicawong2@ln.edu.hk