Innovation and Technology Support Programme (ITSP)


Innovation and Technology Support Programme

Objective

Launched in November 1999, ITSP aims to support applied research and development (R&D) projects undertaken by R&D Centres1 or designated local public research institutes2 with a view to transferring the R&D results to local industries.

Eligibility

The lead applicant must be an R&D Centre1 or a designated local public research institute2.

Key Features

Application

ITSP invites applications for funding once a year. The application period for 2020 was 10 February 2020 to 8 May 2020. Applications from R&D Centres1 will be accepted all year round. Please read the following documents before submitting an application:

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Assessment

The ITF Secretariat will conduct a preliminary screening upon receipt of an application. Where necessary, individual application may be subject to external review. The ITF Secretariat"s assessment, together with the views of external reviewers (if any), will be submitted to the Innovation and Technology Fund Research Projects Assessment Panel for examination in accordance with the assessment frameworks for platform projects and seed projects.

Frequently Asked Questions

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All platform projects require industry sponsorship of at least 10% of the total project cost from at least one private company, while sponsorship requirement is not mandatory for seed projects. Industry sponsorship requirement for platform projects may be waived if they are initiated by Government bureaux/departments and statutory bodies of Hong Kong.

A private company (both local and non-local) may contribute cash and/or in-kind sponsorship to ITSP projects to indicate support. Eligible sponsors may apply for Research and Development Cash Rebate Scheme but will not be eligible to own the intellectual property rights generated from the projects (if any).

ITSP focuses on supporting two types of R&D projects, namely platform and seed projects. Platform projects refer to applied R&D projects which aim to benefit the industry collectively or certain sectors of it and have potential for commercialisation. Seed projects are exploratory and forward-looking in nature which provide the foundation for future applied R&D projects.

The majority of the R&D work of the project should be conducted within Hong Kong. However, given the close ties between Hong Kong and the Mainland, up to 50% of the R&D work of a project can be conducted (and relevant expenditure incurred) in the Mainland. Where certain R&D tasks need to be conducted outside Hong Kong (other than the Mainland), the applicant should provide justifications and seek prior approval from ITC.

As a general rule, the IP rights generated from a platform or a seed project under ITSP will be vested with the lead applicant (i.e. an R&D Centre1 or a designated local public research institute2). A private company as an industry sponsor may enjoy favourable terms in using project results commensurate with the level of its contribution, such as early access to the R&D results, discount in future licensing fees, etc.

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