The HKUST-SINO One Million Dollar Entrepreneurship Competition 2025: Hong Kong Finale Concludes
Empowering a New Generation to Build a Tech-Driven Future
![Prof. Nancy IP, HKUST President [Front row, sixth from right]; Mr. David NG, Deputy Chief Executive Officer of Sino Group [Front row, fifth from right]; and other guests, including Prof. Yike GUO, HKUST Provost [Front row, fourth from right]; Prof. Tim CHENG, HKUST Vice-President for Research and Development [Front row, fifth from left]; Ir. John KWONG, HKUST Vice-President for Development [Front row, third from left] officiated at the opening of the award presentation ceremony.](/sites/default/files/news/28304/Photo1.jpg)
![Prof. Nancy IP, HKUST President [first left] and Ms. Vivian LEE, Group General Manager (Corporate Marketing, Communications & Sustainability) of Sino Group [first right] presented the Platinum Award (Champion) of the HKUST Track to Stellerus Technology Limited.](/sites/default/files/news/28304/Photo7.jpg)
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, Regenerative System, 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."
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
About The Hong Kong University of Science and Technology
The Hong Kong University of Science and Technology (HKUST) (https://hkust.edu.hk/) is a world-class university that excels in driving innovative education, research excellence, and impactful knowledge transfer. With a holistic and interdisciplinary pedagogy approach, HKUST was ranked 3rd in the Times Higher Education’s Young University Rankings 2024, 19th Worldwide and No.1 in Hong Kong in Times Higher Education’s Impact Rankings 2025. Thirteen HKUST subjects were ranked among the world’s top 50 in the QS World University Rankings by Subject 2025, with “Data Science and Artificial Intelligence” holding the 17th place, maintaining its position as first in Hong Kong. Our graduates are highly competitive, consistently ranking among the world’s top 30 most sought-after employees. In terms of research and entrepreneurship, over 80% of our work was rated “Internationally excellent” or “world leading” in the latest Research Assessment Exercise 2020 of Hong Kong’s University Grants Committee. As of July 2025, HKUST members have founded over 1,900 active start-ups, including 10 Unicorns and 17 exits (IPO or M&A).
About Sino Group
Established in 1971, Sino Group comprises private companies held by the Ng Family and three listed companies – Sino Land Company Limited (HKSE: 083), Tsim Sha Tsui Properties Limited (HKSE: 0247), Sino Hotels (Holdings) Limited (HKSE: 1221).
As one of Hong Kong’s leading property developers with core businesses in property development and investment, Sino Group has grown with the communities it serves. The Group’s business interests comprise a diversified portfolio of residential, office, industrial, retail and hospitality properties across Hong Kong, mainland China, Singapore and Australia, and has developed over 250 projects, spanning more than 130 million square feet. Core business assets are further complemented by property management services, hotel investment and management, including The Fullerton Hotels & Resorts and other affiliate brands.
With over 11,000 committed staff members, the Group strives to fulfill its vision of Creating Better Lifescapes with a focus on three interconnected pillars – Green Living, Community Spirit and Innovative Design – shaping the cities we call home where people live, work and play. Sustainability is central to what we do as we seek to create value for stakeholders and make business a driver of sustainability for a better future.
For media enquiries, please contact:
PR and Media Team, Global Engagement and Communication Office
Email: media@ust.hk
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