Funding

In general, use of prototypes and trials is limited toat a public organisation, including government bureaux and departments, statutory bodies and/or welfare NGOs funded by the Hong Kong Government.

The project should help develop something not yet sold on the marketaimed at a product, and should use R&D results developed by the applicant company

Eligibility

The applicant company must beHong Kong Science and Technology Parks CorporationorCyberportexisting incubatees or graduate tenants

The R&D result on trial must be developed by that incubatee or graduate tenant and fit its business plan

Applications accepted year-round

The maximum grant for each trial project is HK$1 million
Maximum project duration is 12 months
In general, use of prototypes and trials is limited toat a public organisation, including government bureaux and departments, statutory bodies and/or welfare NGOs funded by the Hong Kong Government.
The project should help develop something not yet sold on the marketaimed at a product, and should use R&D results developed by the applicant company

The applicant company must be registered in Hong Kong under the Companies Ordinance (Cap. 622) or under the Businessregistered in Hong Kong under the Business Registration Ordinance (Cap. 310) andTechnology companies carrying out R&D in Hong Kong

The technology company cannot be a government-funded organisation or its subsidiary,The R&D result on trial must be owned by the technology company, developed mainly in Hong Kong, and fit its business plan

Applications accepted year-round

Maximum grant: 50% of the actual cost of the original R&D projectFor a project carried out or coordinated by R&D Centre 1, the funding ceiling is 100% of the actual cost of the original R&D project.
Maximum project period: 24 months
Industry sponsorship: not required
Use of prototypes and trials is limited toPublic bodies, including government bureaux and departments, public organisations, non-profit trade associations and charities
The trial should help create something the market does not yet offera product that uses completed results from an Innovation and Technology Fund project

All Innovation and Technology Fund projects completed by an R&D centre or a designated local public research institution may apply for trial-scheme funding.

The applicant must be the R&D centre or designated local public research institution doing the project, or the company that owns the project’s intellectual property.

Applications accepted year-round