Team and Concepts

{{Short description|Hong Kong web development company}}

{{Advert|section|date=August 2010}}

{{Infobox company

| name = Team and Concepts Limited

| logo =

| type = Private

| foundation = Hong Kong (2003)

| location = Hong Kong

| key_people = David K. F. Lee, Co-founder and Chairman

| industry = web-based software

| products = EditGrid

| homepage = http://www.tnc.hk/

}}

Team and Concepts (TnC) is a Hong Kong–based company founded by David K. F. Lee and others in 2003. It is known as the provider of the Web 2.0 online spreadsheet, EditGrid.

TnC was founded in 2003 in the height of SARS by a group of young entrepreneurs still in their university studies.

{{cite web|url=http://harvardbusinessonline.hbsp.harvard.edu/relay.jhtml?name=itemdetail&id=HKU348|title=Team and Concepts Ltd.: Managing the Growth of a Small Business|author=Ali Farhoomand & Mary Ho|date=2004-10-05|website=|publisher=Harvard Business School|accessdate=2006-09-03}}

{{cite web

|url=http://www.acrc.org.hk/sme/case_showdetails.asp?ct=sme&c=554&cp=857&pt=1&pn=1&lv=en

|title=Team and Concepts Limited: Managing the Growth of a Small Business

|author=Ali Farhoomand & Mary Ho

|year=2004

|accessdate=2006-09-03

|publisher=Asia Case Research Centre, The University of Hong Kong

}}

It started as an information service provider for event organisers;

{{cite web

|url=http://images.businessweek.com/ss/06/08/asia_entrepreneurs/source/16.htm

|archive-url=https://web.archive.org/web/20060902223327/http://images.businessweek.com/ss/06/08/asia_entrepreneurs/source/16.htm

|url-status=dead

|archive-date=September 2, 2006

|title=David Lee - Chairman & Co-Founder: Team & Concepts Limited

|date=2006-08-21

|accessdate=2006-09-03

|publisher=BusinessWeek

}}

its first product, PEM, was an award-winning web-based event scheduling software.{{cite web|url=http://www.hkcs.org.hk/itawards/year2004/itawards/english/winners.html|title=6th IT Excellence Awards - Winners|last=|first=|year=2004|website=|publisher=Hong Kong Computer Society|url-status=dead|archiveurl=https://web.archive.org/web/20060514214414/http://www.hkcs.org.hk/itawards/year2004/itawards/english/winners.html|archivedate=May 14, 2006|accessdate=2006-12-22}}

In early 2006, upon securing the Hong Kong Government's funding from the Innovation and Technology Fund,{{cite web|url=http://www.zdnetasia.com/blog/web2/0,39063521,61975896,00.htm |title=Interview with EditGrid's David Lee |date=2006-12-18 |accessdate=2006-12-18 |publisher=ZDNet Asia |url-status=dead |archiveurl=https://web.archive.org/web/20070621144016/http://www.zdnetasia.com/blog/web2/0,39063521,61975896,00.htm |archivedate=June 21, 2007 }}

{{cite web

|url = http://www.itf.gov.hk/eng/Search/proj_summary.asp?prj_code=1750&pno=S/P953/05

|archive-url = https://web.archive.org/web/20070928174242/http://www.itf.gov.hk/eng/Search/proj_summary.asp?prj_code=1750&pno=S%2FP953%2F05

|url-status = dead

|archive-date = 2007-09-28

|title = Project Profile - EditGrid: a Web 2.0 Service for Structured and Intensive Data Collaboration

|date = 2006-08-09

|accessdate = 2006-09-03

|publisher = Innovation and Technology Fund, the Government of Hong Kong

}}

it moved into the Web 2.0 business and launched EditGrid to public in April 2006. One of TnC's Founders was nominated by BusinessWeek as one of the 20 Asia's Best Entrepreneurs under 25 in August 2006.

{{cite web

|url=http://www.businessweek.com/smallbiz/content/aug2006/sb20060818_886243.htm

|archive-url=https://web.archive.org/web/20060903065139/http://www.businessweek.com/smallbiz/content/aug2006/sb20060818_886243.htm

|url-status=dead

|archive-date=September 3, 2006

|title=Asia's Young Entrepreneurs

|author=Brian Bremner

|date=2006-08-21

|accessdate=2006-09-03

|publisher=BusinessWeek

}}

In June 2007, EditGrid announced a $1.25 million series A investment from the WI Harper Group.{{cite web|url=https://techcrunch.com/2007/06/10/team-and-concepts-raises-125million-series-a/

|title=Team and Concepts Raises $1.25million Series A

|author=Duncan Riley

|publisher=TechCrunch

|date=2007-06-10

|accessdate=2007-06-14

}}