Common Challenges in Startups Technological Talents:  A serious shortage, hard to find and retain talents  Robocon Competition, Innovator Summer Camp  Harbin Institute of Technology Graduate School, HKUST Automation Research Center, HKUST Robotics Research Institute, Industrial Technology Research Institute in Songshan Lake Management  Teamwork/ leadership  Corporate management  Finance: especially when company cannot make a profit in a short period Ownership Structure, Corporate Governance:  Innovation team  Incentive mechanism: retain talents through equity and option incentive  Mentor to student Infrastructure  Shortage of office venue