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Application

Eligibility for Application

 

The Fund accepts applications from companies, research institutions, professional bodies, trade associations and non-government organisations. Applicants are categorised into corporate sectors and public sectors.

Application Process

 
 

Assessment Criteria

Applications are assessed according to the following criteria:

ASSESSMENT CRITERIA RESEARCH & APPLICATION  PURE RESEARCH
Relevance to the Scope of the Fund 10% 10%
Innovation and Technology Components 25% 30%
Technical and Management Capability 20% 20%
Financial Considerations 10% 10%
Commercial Viability of Project Deliverables in Hong Kong 25%
Potential Application of Research Results in Hong Kong 20%
Project Duration/Programme 10% 10%

 

Subsidy Amount

The applicants shall contribute a certain percentage of the project cost as follows:

TYPES OF APPLICANT FUND’S CONTRIBUTION (% OF PROJECT COST)
Public Sector up to 90%
Corporate Sector up to 50%
Applications submitted jointly by Applicants from Corporate Sector and Public Sector (except the Public Sector Research Institutions) up to 50%
Applications submitted jointly by Applicants from Corporate Sector and Public Sector Research Institution up to 70%

The funding ceiling for the two types of projects are set out below:

TYPES OF PROJECT FUNDING CEILING (PER PROJECT)
Research and Application Project HK$ 20 million
Pure Research Project HK$ 8 million

Projects which are or will be in receipt of other public funding support will not be considered.

Project Duration

The duration of the project should normally not exceed 24 months.

 

 

Application Time

 

Applications can be submitted all year round. Applicants are advised to check thoroughly their submissions and provide all required supporting documents to reduce the application processing time.