Applicant - Public Sector - Smart Traffic Fund

Public Sector

Home > Applicant – Public Sector

The following R&D Centers:
- Automotive Platforms and Application Systems R&D Centre;
- Hong Kong Applied Science and Technology Research Institute;
- Hong Kong Research Institute of Textiles and Apparel;
- Logistics and Supply Chain MultiTech R&D Centre; and
- Nano and Advanced Materials Institute;
Local Universities funded by University Grants Committee (UGC);
Institutions in List 1 of the Designated Local Research Institutions designated by the Commissioner for Innovation and Technology in accordance with Section 19 of Schedule 45 of the Inland Revenue Ordinance (Cap. 112) except Local Universities funded by UGC and R&D Centres; and
Non-profit or charitable professional bodies, trade associations and non-government organisations.

- The Applicant’s contribution can either be in cash or in-kind or a combination of both. In-kind contribution shall only be in the form of equipment, consumables or manpower.

For All Applicants except the Public Sector Research Institutions:

INSTALMENT	CUMULATIVE CAP (% OF THE FUND’S CONTRIBUTION)
Initial Payment Interim Payment Final Payment	30% 70% 100%

INSTALMENT

CUMULATIVE CAP
(% OF THE FUND’S CONTRIBUTION)

Initial Payment

Interim Payment

Final Payment

30%

70%

100%

For Public Sector Research Institutions:

PROJECT DURATION	INSTALMENT	CUMULATIVE CAP (% OF THE FUND’S CONTRIBUTION)
12 months or below	Initial Payment Interim Payment Final Payment	40% 95% 100%
More than 12 months	Initial Payment 1st Interim Payment 2nd Interim Payment Final Payment	40% 70% 95% 100%

Downloads

Hong Kong Productivity Council