With the concerted effort of the Centre for Entrepreneurship (CfE), the Centre for Innovation and Technology (CINTEC), and the Knowledge Transfer Office (KTO), the Advancing CUHK Entrepreneurship Hub (ACE Hub) was launched on 9 May in the lobby of the Benjamin Franklin Centre. The event was officiated by Prof. Joseph J.Y. Sung (centre), Vice-Chancellor; Prof. Fanny M.C. Cheung (2nd left), Pro-Vice-Chancellor; Prof. Au Yuk-fai (1st left), director of CfE; Prof. Wong Kam-fai William (1st right), director of CINTEC; and Ms. Sharon Tam (2nd right), director of KTO.

The ACE Hub aims to promote the entrepreneurial spirit within the CUHK community by giving students and alumni the opportunity to explore entrepreneurial ideas and develop practical entrepreneurial skills. Through education initiatives and advisory service, it develops and offers entrepreneurial toolkit and training workshops, and bridging them with investment opportunities. Moreover, with the support of local partner organizations, ACE Hub helps to connect regional resources and university programmes to assist entrepreneurs. These organizations include CoCoon, Hong Kong Business Angel Network, Hong Kong Cyberport Management Company Limited, Hong Kong Productivity Council, Hong Kong Science and Technology Parks Corporation, and Hong Kong Trade Development Council.

A forum was held after the ceremony where three alumni entrepreneurs told attendees that far from being solo heroes who dwell on innovation alone, the entrepreneurial journey is a social activity. Mr. Jason Ho, a graduate from information engineering who started Zensis Limited during the SARS epidemic, said that help from local infrastructure and facilities had been indispensable for a venture that was neither backed by personal savings nor family wealth.