The Hong Kong University of Science and Technology (HKUST) and Sino Group successfully concluded the Hong Kong finale of the "HKUST-SINO One Million Dollar Entrepreneurship Competition 2025" today at the HKUST Clear Water Bay campus. Celebrating its 15th anniversary, the competition this year attracted 348 teams from around the world to compete for awards and exchange innovative ideas to develop practical solutions for a sustainable future. The team Stellerus Technology Limited claimed the top Platinum Award for their Feilian Constellation.
The award presentation ceremony was officiated by Deputy Chief Executive Officer Mr. David NG from Sino Group, with HKUST President Prof. Nancy IP and HKUST Vice-President for Research and Development Prof. Tim CHENG in attendance. Finalist teams presented their pioneering projects to a distinguished audience of industry partners, investors, and academic leaders.
In the 'HKUST Track,' the Platinum, Gold, and Silver Awards were awarded to Stellerus Technology Limited (harnessing AI to develop advanced meteorological technology), SmartPath (empowering precise cancer diagnosis and treatment through computational pathology powered by large AI models), and Lulusmiles (revolutionizing dental Orthodontic with AI-driven treatment plans), respectively. In the 'International Student Track,' these honors went to Envirovex (United Kingdom), MaternaSense (United States), and BACKEER (Kazakhstan). The 'Sustainability Impact Award,' continuing as a key feature of the competition, was presented to LoonGaN Technology Co. Limited (brief description of the company), Regenerative System (brief description of the company), and Stellerus Technology Limited.
This year's entries centred on key themes such as sustainability, healthcare, and women empowerment. Participating teams leveraged cutting-edge technologies like artificial intelligence and big data to develop innovative diagnostic tools, women's health technologies, and environmental solutions, demonstrating the immense potential to address pressing challenges in healthcare and sustainable development.
Prof. Nancy IP, HKUST President, expressed great delight in witnessing the remarkable achievements of the University's young entrepreneurs on this global stage, where they competed with peers from world-leading universities.
She stated, "Amid the new global wave of innovation, HKUST remains committed to nurturing entrepreneurial talent. Years ago, I witnessed the founders of DJI and Zhuhai Yunzhou Intelligence Technology begin their journeys here. Today, we are immensely inspired to see HKUST students leveraging interdisciplinary research to translate scientific achievements into practical applications in frontier fields such as artificial intelligence, medical technology, and sustainable development. It is particularly encouraging to see the rise of diverse talent, including female entrepreneurs who have successfully launched compassionate health-tech solutions. HKUST's mission is to ignite students' curiosity and passion, nurturing the pioneers of tomorrow. Together with partners like Sino Group, we are building a diverse innovation ecosystem, working collaboratively to advance Hong Kong's vision of becoming an international innovation and technology hub, and empowering the new generation to shoulder the mission of leading Hong Kong's new industrialization drive." (pending for final approval)
Mr. David NG, Deputy Chief Executive Officer of Sino Group, said, "Sino Group is honored to partner with HKUST for the eighth year of the One Million Dollar Entrepreneurship Competition, a collaboration that aligns closely with our vision. At Sino, we are dedicated to empowering young talent and promoting Hong Kong's innovation and technology ecosystem through platforms like Sino Inno Lab and The Spark. We warmly congratulate this year's winning teams for their bold innovations in areas such as healthcare, sustainability, powered by AI, robotics, and cutting-edge technologies. It is truly inspiring to see their passion and creativity shine, weaving Environmental, Social, and Governance (ESG) principles into innovations addressing societal challenges. By fostering international collaboration, the competition brings global talent to Hong Kong and strengthens our vibrant innovation hub. We look forward to supporting these talented teams as they continue advancing a sustainable and inclusive future within this dynamic ecosystem."
List of Winners:
HKUST Track
Platinum Award (Champion) - Stellerus Technology Limited
Gold Award (First Runner-up) - SmartPath
Silver Award (Second Runner-up) - Lulusmiles
International Student Track
Platinum Award (Champion) - Envirovex (United Kingdom)
Gold Award (First Runner-Up) - MaternaSense (United States)
Silver Award (Second Runner-Up) - BACKEER (Kazakhstan)
Sustainability Impact Award (in alphabetical order)
LoonGaN Technology Co Limited
Regenerative System
Stellerus Technology Limited
For details on the winning teams, please refer to the annex.
Winners of the Hong Kong competition will compete with the winners from Beijing, Foshan, Guangzhou, and Shenzhen divisions in the Grand Final round at the end of this year, further promoting technological collaborations and new market opportunities.
For more details about the "HKUST-SINO One Million Dollar Entrepreneurship Competition 2025," please visit https://ec.hkust.edu.hk/one-million/hk/2025
