MTR Lab launches strategic platform to build carbon-neutral communities

MTR Lab, a wholly owned subsidiary of MTR Corporation, has launched a strategic platform that works together with like-minded partners to construct carbon-neutral smart communities.

Also known as “Co+ Lab”, the initiative aims to form an open platform that enables members of the innovation community to partner with MTR Lab to explore building a more sustainable, technology-driven future together. According to its official website, “Co” stands for community and co-creation, while “+Lab” stands for collaboration and experimentation.

MARKETING-INTERACTIVE has reached out to MTR Lab for further information.

“Hong Kong is on a mission to achieve carbon neutrality before 2050, and we intend to help the community get there. With the launch of our Co+Lab Initiative, we offer a platform for encouraging new paradigms in smart technology advances. By joining hands and building a home for innovators who dream of co-creating smarter, greener cities, we are able to work together with companies to rethink, design and build smart technology solutions that enrich the lives of everyone in our community.” said Michael Chan, managing director at MTR Lab.

Focusing on selected key verticals, Co+lab Initiative is investing in early-stage companies that operate and innovate across sectors of interest to MTR Lab which includes mobility (Mobility as a Service, new mobility modes, rail tech), retail, property, financial and data services, smart city technology and sustainability.

Furthermore, financial and strategic investments are available for companies that have gained traction in key focus markets, have sufficient operational and capital resources to work with large companies, and have presence or concrete plans to expand in Hong Kong as well as other cities where MTR Corporation operates. Co+Lab Initiative will work hand-in-hand with selected partners by offering them support, funding, knowledge and access to MTR Corporation’s expansive network.

To help companies visualise the future city MTR Lab aims to create, MTR Lab has launched a website featuring an illustration made in collaboration with local artist Missquai that captures the closely connected and carbon-neutral smart community MTR Lab hopes to achieve by working together with its partners. Companies can submit their pitch for investment with Co+Lab Initiative via the website. 

“Co+Lab Initiative actively seeks long-term opportunities to support partners who share our vision of a more sustainable, technology-driven future, because we know that future-proof solutions work best when they’re led by the community, for the community.” Chan added.

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