What's New

Between 1 and 31 August 2016, 74 newly funded projects are added to this website for public access.
The second round of funding applications for 2016 under Tier 2 and Tier 3 of the Innovation and Technology Support Programme (ITSP) is now open to application. Deadline for application is 30 September 2016.
The rebate level of the R&D Cash Rebate Scheme has been increased from 30% to 40%. The enhanced level of rebate will be applicable to applications approved on or after 24 February 2016.

The maximum monthly allowance of the Internship Programme has been increased to $14,000 for graduates with a Bachelor’s degree and $16,500 for graduates with a Master’s or higher degree.
The 2016 Guangdong - Hong Kong Technology Cooperation Funding Scheme (TCFS) has been closed for application after 30 September 2015.
Enterprise Support Scheme (ESS) is now open to application to replace the Small Entrepreneur Research Assistance Programme (SERAP).
New Improvement Measures to the Innovation and Technology Fund Introduced + more

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Innovation and Technology Support Programme (ITSP)

  1. relaxing the minimum number of industry sponsors for platform projects from two to one;

  2. allowing platform projects conducted by local universities to accept sponsorship from a company which is related to the university;

University-Industry Collaboration Programme (UICP)

  1. relaxing the timeframe for projects from two years to three years;

  2. allowing flexibility for the company and the university participating in a project to negotiate and mutually agree on the IP arrangements;

  3. adopting the assessment framework of the ITSP for UICP projects; and

Public Sector Trial Scheme (PSTS)

  1. raising the funding ceiling of PSTS projects undertaken by R&D Centres from 50% to 100% of the original project cost.

For details, please refer to the paper endorsed by the Commerce and Industry Panel of the Legislative Council on 18 November 2014 – http://www.legco.gov.hk/yr14-15/english/panels/ci/papers/ci20141118cb1-211-3-e.pdf


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