Innovation and Technology Fund for Better Living (FBL)

Re-industrialisation Funding Scheme


Launched in May 2017, FBL aims to fund innovation and technology ("I&T") projects which will make people's daily living more convenient, comfortable and safer, or address the needs of specific community groups.


The lead applicant must be:

The above organisations should either be registered under the Companies Ordinance (Cap. 622) or the former Companies Ordinance (Cap. 32); or statutory corporations established under any Ordinances in Hong Kong. Other organisations may also be considered under exceptional circumstances.

Key Features


FBL invites applications for funding all year round. Applications must be submitted through the Administrative System of the Innovation and Technology Commission – Fund for Better Living ("ASITC – FBL"). Please read the following documents before submitting an application:



Applications will be considered by the FBL Assessment Panel. The terms of reference and membership of the Assessment Panel are at here.

The Assessment Panel will assess each eligible application based on the assessment framework.

Frequently Asked Questions

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In addition to key features mentioned above, projects funded by FBL should also have the following elements:

  • Project should benefit the community.
  • Project deliverable can be in the form of mobile app, product, device, equipment, tool, service, software, or any other form with valid justifications.
  • Projects should primarily be developed within Hong Kong.

Any intellectual property rights created in or via the projects will be vested with the successful Applicant. Successful Applicant is encouraged to make available all the intellectual property rights created in or via the Projects in the public domain and allow the public to use for free.

Any income generated from the intellectual property rights created in or via the project during the funding period should be ploughed back into the project accounts.