Application for Incubation

Background

The University of Macau (UM) aspires to be an outstanding, internationally-recognized institution of higher learning, firmly committed to learner-centred education, focused research with impact, and dedicated public service. It aims at nurturing self-reflective, caring, and socially responsible persons within a culturally diverse and intellectually challenging environment.

Objective

The UM is recruiting innovative entrepreneurial teams for intensive incubation at the Centre for Innovation and Entrepreneurship. After committee assessment, the Centre will provide the  incubation teams with appropriate advice from entrepreneurial guidance at the initial stage to regular expert consultations. The Centre may also offer incubation teams with temporary office spaces, meeting rooms, and office facilities. The UM will actively assist the teams through the Centre for seeking every possible internal and external entrepreneurship funding, investment and assistance, including from fund institutions, companies or investors, application for incubation and start-up funds from relevant incubation bases, recommendation and sponsorship in participating innovation and entrepreneurship competitions hosted by various regions. We expected their creative projects could be successfully converted into commercial products or services during the period of incubation.

Target

At least one member of a team must have a connection with the University of Macau. All current students, alumni, and current staff are eligible to apply. One team must also have at least one Macao permanent resident (who can be a non-UM member).

Remarks: those who are determined to violate the rules of the Centre for Innovation and Entrepreneurship are not eligible for incubation for two years.

Team Selection and Criteria

The selection of incubation teams will be conducted by the Incubation Team Selection Committee, which is composed of professionals outside and/or inside UM. Through the business proposal and interview, the Committee will examine and select the appropriate teams to incubate. The basic selection focuses on creativity, originality, and potential benefits to the society in terms of business and culture. Cross-discipline and cross-faculty innovative ideas are encouraged for applications.

Schedule (Updated)

Remarks: The recruitment of incubation teams is an ongoing exercise with regular schedule and will be carried out once in each semester normally. The University reserves the right to modify the schedule above and will announce accordingly.