Level39 and Hong Kong’s Nest announce “Tech Trade Route”

Level39 and Hong Kong-based accelerator space Nest have today signed a ‘friendship agreement.’

This agreement means that any Level39 startups now have a place to work when visiting Hong Kong, and the companies incubated at Nest can utilise Level39’s drop in space at Canary Wharf.

Furthermore, as part of this new relationship, the expert mentors and advisors from each hub will available to each other’s entrepreneurial members. This transfer of knowledge should help companies from each incubator break the European and Asian markets respectively.

Understandably both Eric Van der Kleij, Head of Level39 and Simon Squibb, CEO of Nest we both very keen to extol the virtues of the agreement.

Eric Van der Kleij, who attended the Chancellor’s trade trip to China last year, said: “Opening a ‘tech trade route’ is advantageous to both the UK and Hong Kong. Our partnership with Nest will reduce the number of barriers to entry for innovators to global markets, and will make the Nest and Level39 expert teams available to each other’s startups.”

Commenting on the partnership, Simon Squibb, CEO of Nest said: “We see startups from Europe wanting to get into Asia and we see startups in Asia wanting to get into Europe, so this partnership allows us to leverage the resources of both organisations to help founders in our respective markets and ensure their ideas reach their full potential. This partnership between Nest and Level39 is beneficial for Hong Kong and London, and startups globally.”


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