An entrepreneurial team of Cheng Yu Tung College (CYTC) at the University of Macau (UM) recently signed a strategic cooperation agreement with a company located in the Nansha district of Guangzhou. According to the agreement, the company’s OVO PLUS, an incubator in the Nansha district, will provide the team with resources, support, and preferential policies to help its members promote their products in the Guangdong-Hong Kong-Macao Greater Bay Area (GBA). Tam Pui Si, on behalf of BioPeTech (Macau) Limited, a company established by the entrepreneurial team, signed the agreement. Fu Haoming, another member of the team, says that the agreement means that all parties have reached a consensus on the future development of the team in the Nansha district, which will help the team integrate business resources in the GBA, enhance its R&D and production capabilities, and launch its products on the market. The team’s key project is the BioPeTech malted cat litter, a natural and eco-friendly cat litter made from spent grain, a by-product of the beer brewing process. With the support of CYTC, members of the team developed a prototype of the malted cat litter and later founded their company. The project has been incubated at UM’s Centre for Innovation and Entrepreneurship.
| Source: Cheng Yu Tung College | |
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