Hong Kong Cyberport Management Company has agreed to support Accenture's newly-launched innovation lab for Asia Pacific financial technology companies.

Cyberport has agreed to be the workspace solution provider for Accenture's new FinTech Innovation Lab Asia-Pacific, an assistance program for early-and-growth stage financial technology companies.

As part of the agreement, Cyberport will provide access to its Smart-Space campus, equipped with advanced ICT facilities.

Cyberport's Incubation Programme provides rent-free office space, funding to help with training and marketing and mentoring and training for tech entrepreneurs.

Accenture selected Hong Kong as the location for the APAC incubation lab due to its position as a regional hub for the region's banking industry and as a gateway to mainland China investment.

"This is the first year for this program to be hosted in Hong Kong. We have a bustling technology start-up community, and a tech-savvy population who are eager to make use of the latest technological products and services for their day-to-day activities, including those dealings with banks and financial institutions," HKSAR Government CIO Daniel La commented.

"The Lab will provide great opportunities for outstanding technology start-ups in the city to collaborate with the international financial institutes. By hosting FinTech Innovation Lab in Hong Kong, we will reinforce our position as Asia's financial and technology hub."