The Executive Committee (“Excom”) is responsible for monitoring the performance of the Company and ensuring that the Company has been operating in consistency with the corporate missions and the annual budget/business plan as approved by the Board.
The Audit Committee (“AC”) was established to oversee and review the effectiveness of the Company’s corporate governance in financial reporting, internal control, risk management, appointment and performance of the external auditor and regulatory compliance.
The Remuneration Committee (“RC”) was established to make recommendations to the Board on organizational structure and policies on staffing, remuneration, employment, discipline and dismissal, with reference to the Company’s overall goals and objectives.
The Entrepreneurship Committee (“EC”) (formerly known as Entrepreneurship Centre Committee) was established to oversee the administration and management of any start-up and entrepreneurship programmes and events implemented by the Company, such as the Cyberport Incubation Programme and the Cyberport Creative Micro Fund (“CCMF”).
Macro Fund Investment Committee
The Macro Fund Investment Committee (“MFIC”) is responsible for overseeing the administration, management and overall performance of the Cyberport Macro Fund ("CMF") and approval of the CMF related investments. The CMF, with an initial size of HK$200 million, aims to provide seed to Series A stage funding to Cyberport digital entrepreneurs (“DE”) to assist them to accelerate; and to promote the development of the venture capital ecosystem for DE in Hong Kong. The CMF is an investment fund which targets to co-invest with other private and public investors in the Cyberport DE.