Public Sector

Eligible Applicants

  1. 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;
  2. Local Universities funded by University Grants Committee (UGC);
  3. 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
  4. Non-profit or charitable professional bodies, trade associations and non-government organisations.

Subsidy Amount

    • The maximum funding support is up to 90% of the Estimated Project Cost.

 

Applicant’s Contribution

    • 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.

Fund Disbursement

 

For All Applicants except the Public Sector Research Institutions:

 
 INSTALMENTCUMULATIVE 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%