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What is the Industrial Research Chair Scheme?
The Scheme supports research efforts of universities and industry
in technology fields that are not yet developed in Hong Kong but
for which there would be good development potential. Key features
of the Scheme are:
- A distinguished researcher in the university will be invited
to be the chairholder to lead the project for a finite duration.
The chairholder should mainly conduct research and accept a light
teaching load.
- The project should be in the natural science or engineering
field that responds to industrial needs.
- The Scheme and the company will each sponsor half of the project
cost.
- The company will own all the intellectual property rights arising
from the project.
- The grant could cover the salary of the chairholder, as well
as other additional manpower, equipment and other direct expenditures
related to the project.
Will my company be eligible to apply?
Yes, if your company is a locally incorporated company. Your company
will be the applicant, but you must first find a local university
as the partner.
How can my company apply for funding?
Your company should first agree with a local university on the project
details, the expected deliverables and, if necessary, the royalty
arrangements etc. Your company and your partner university will
then need to submit a joint application to the Innovation and Technology
Commission.
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