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During the middle stages, suppliers need access to testing   1.3 Mechanisms to facilitate the import and
               grounds for end-users to give them feedback for product       export of gerontech products and services
               enhancement; testing grounds can also test how effective
               products are in helping end-users. In the future, we recommend   Due to Hong Kong’s limited gerontech market size, many local
               that the GT Platform’s testing grounds allow for relevant   suppliers desire to expand into the emerging Greater Bay
               parties to conduct both gerontech product evaluation and   Area (GBA) market. Yet, many struggle with learning how to
               enhancement. Also, to enable suppliers to further obtain   do this. To this extent, we recommend that the GT Platform
               post-procurement feedback on their products following their   help local start-ups to conduct site visits and product
               market release, we recommend that the GT Platform add a   trials at service units in the GBA. We also recommend
               comment function to their existing Product List.          the Central Government to explore the option of having
                                                                         approved products from the Social Welfare Department’s
                                                                         Innovation and Technology Fund for Application in Elderly
               1.2 Specific support structures for start-ups
                                                                         and Rehabilitation Care ($1 billion I&T Fund) Reference List
               Generally, start-ups need more support than large corporations   allowed for direct use in GBA service units.
               because of their comparatively limited access to financial and
               human resources. Many gerontech start-ups face the additional   Our small market size also means that many foreign companies
               hurdle as they struggle to access end-users. To this end, we   are reluctant to import and localise their products. To overcome
               recommend that the GT Platform set up an Elderly, PwD &   this, we recommend the GT Platform to collaborate with
               Caregiver Advisory Panel, consisting of end-users who     InvestHK to create strategic partnerships with international
               can readily provide feedback to start-ups. Many gerontech   gerontech organisations and platforms. Furthermore, we
               start-ups also struggle to understand user needs and the   recommend that GT Platform and InvestHK collaborate to
               regulatory requirements of the elderly and rehabilitation services   create a gerontech “Regulation & Localisation Consultancy”,
               sector. As such, we recommend the GT Platform to provide a   which would help overseas companies understand gerontech-
               specific training course for start-ups that explain user needs   related standards and cultural practices in Hong Kong, as well as
               in relation to ageing, disability, and rehabilitation, as well as the   provide local gerontech companies with information on overseas
               operational context and regulatory requirements of the elderly   gerontech standards and cultural practices.
               and rehabilitation services sector.









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