Office of Education Development and Gateway Education

Startup Resources: Funding

Funding

For startups, there are funding from Cyberport, Innovation and Technology Commission, Productivity Council, angel investors and venture capitalists.

 

Governmental Organizations

 

To encourage private sectors to invest in R&D by providing initiative funding.

NAME  

Enterprise Support Scheme (ESS)

CATEGORY

Innovation and technology, enterprise, R&D projects

REGIONS

Local

FUNDING

  • Up to HK$10 million

ELIGIBILITY

  • A company that is incorporated or registered in Hong Kong
  • not a government sub-vented organization
  • not a subsidiary of any government sub-vented organization

DEADLINE

Open for registration

ORGANIZER  

GOVERNMENT OF THE HKSAR

 

 

 

 

To help upgrading and developing industries’ non-R&D projects, and foster the innovation and technology culture in Hong Kong.

NAME  

General Support Programme (GSP)

CATEGORY

Innovation and technology, enterprise

REGIONS

Local

FUNDING

  • Funding varies with projects

ELIGIBILITY

  • All HK companies

DEADLINE

Open for registration

ORGANIZER  

GOVERNMENT OF THE HKSAR

 

 

 

 

To enhance R&D collaboration between organizations in Hong Kong and Guangdong Province.To encourage private sectors to invest in R&D by providing initiative funding.

NAME  

Guangdong - Hong Kong Technology Cooperation Funding Scheme (TCFS)

CATEGORY

Innovation and technology, enterprise, R&D projects

REGIONS

China

FUNDING

  • Funding varies with project categories

ELIGIBILITY

  • HK , Shenzhen or Guangdong companies

DEADLINE

Stay tuned for new application announcement

ORGANIZER  

GOVERNMENT OF THE HKSAR

 

 

 

 

To provide funding for different R&D centres, or projects with potential for commercialization, as well as forward-looking projects.

NAME  

Innovation and Technology Support Programme (ITSP)

CATEGORY

Innovation and technology, enterprise

REGIONS

Local

FUNDING

  • A three-tier funding scheme, varies with projects

ELIGIBILITY

  • All HK companies

DEADLINE

Stay tuned for new application announcement

ORGANIZER  

GOVERNMENT OF THE HKSAR

 

 

 

 

To stimulate a close cooperation between private companies and universities in Hong Kong.

NAME  

University-Industry Collaboration Programme (UICP)

CATEGORY

Innovation and technology, enterprise, R&D projects

REGIONS

Local

FUNDING

Funding varies with schemes:
  • Teaching Company Scheme
  • Matching Grant for Joint Research
  • Industrial Research Chair Scheme

ELIGIBILITY

  • A private company engaging in commercial activities with a local university as the partner

DEADLINE

Open for registration for all year round

ORGANIZER  

GOVERNMENT OF THE HKSAR

 

 

 

 

To provide financial support to non-profit-distributing organizations, as well as to enhance competitiveness of SMEs.

NAME  

SME Development Fund(SDF)

CATEGORY

Entrepreneurship, Business, Small and medium enterprises

REGIONS

Local

FUNDING

The following items directly incurred by the project may be funded:
  • Additional Manpower
  • Additional Equipment
  • Other direct cost

ELIGIBILITY

  • Non-profit-distributing organizations are eligible to apply
  • Applicants should either be statutory organizations or organizations registered under the laws of the Hong Kong Special Administrative Region

DEADLINE

Open for registration

ORGANIZER  

Trade and Industry Department –The GOVERNMENT OF HKSAR

 

 

 

 

To enhance the competitiveness of small and medium enterprises (SMEs) outside Hong Kong by providing grant.

NAME  

SME Export Marketing Fund(EMF)

CATEGORY

Marketing, Entrepreneurship, Trade, manufacturing businesses, small and medium enterprises

REGIONS

Local

FUNDING

Grant to SMEs for their participation in the following export promotion activities:
  • Trade fairs/exhibitions outside Hong Kong
  • Business missions outside Hong Kong
  • Local trade fairs/exhibitions which mainly target at markets outside Hong Kong
  • Conducting export promotion activities through electronic platforms/media which mainly target at markets outside Hong Kong
  • Setting up or enhancing a corporate website of the applicant enterprise which mainly targets at markets outside Hong Kong

ELIGIBILITY

  • Registered in Hong Kong under the Business Registration Ordinance (Chapter 310)
  • Have substantive business operations in Hong Kong at the time of making the application for EMF
  • Not the organisers/ co-organisers or their related companies of the export promotion activities under the application

DEADLINE

Open for registration

ORGANIZER  

Trade and Industry Department –The GOVERNMENT OF HKSAR

 

 

 

 

To assist small and medium enterprises (SMEs) in enhancing their productivity and competitiveness in the business world.

NAME  

SME Loan Guarantee Scheme(SGS)

CATEGORY

Entrepreneurship, Business, Small and medium enterprises

REGIONS

Local

FUNDING

  • Business Installations and Equipment Loans
  • Working Capital Loans

ELIGIBILITY

Enterprises, except for lending institutions and their associates, which meet the following criteria are eligible to apply for guarantee under the SGS:
  • Registered under the Business Registration Ordinance (Chapter 310) and with substantive business operation in Hong Kong
  • An SME under the definition of the Government of Hong Kong Special Administrative Region

DEADLINE

Open for registration

ORGANIZER  

Trade and Industry Department –The GOVERNMENT OF HKSAR

 

 

 

Non-Governmental Organization (NGO)

 

To offer seed and Series A funding to high-potential early-stage technology companies to foster their ideas.

NAME  

Corporate Venture Fund (CVF)

CATEGORY

Entrepreneurship, business and technology startups

REGIONS

Local

FUNDING

  • Average HK$2-3 million, and up to HK$8 million

ELIGIBILITY

The CVF can invest in Hong Kong registered technology companies who are either:
  • HKSTP Incubatees
  • Incubation Programme graduates
  • Current Science Park tenants

DEADLINE

Open for registration

ORGANIZER  

Hong Kong Science and Technology Parks Corporation (HKSTP)

 

 

 

 

To foster cooperation between ICT talents from Hong Kong and other regions, and provide a series of business skills training.

NAME  

Cyberport Creative Micro Fund -Cross-Border Programme(s)

CATEGORY

Entrepreneurship, Innovation and Technology, digital tech startup projects and business

REGIONS

China

FUNDING

  • HK$100,000 cash grant

ELIGIBILITY

The youth of Hong Kong and other regions who are:
  • between the age of 18 and 30 (inclusive) upon the programme application deadline
  • Currently enrolled in or have graduated within 3 years from a registered post-secondary education institution in Hong Kong or from other regions

DEADLINE

Stay tuned for new application announcement

ORGANIZER  

Cyberport

 

 

 

 

To encourage innovative and creative projects and business ideas from digital tech startup.

NAME  

Cyberport Creative Micro Fund - Hong Kong Programme

CATEGORY

Entrepreneurship, Innovation and Technology, digital tech startup projects and business ideas

REGIONS

Local

FUNDING

  • HK$100,000 cash grant

ELIGIBILITY

  • Applicants must be at or above 18 years old upon the application deadline.
  • Individual applicants must be Hong Kong Permanent Identity Card holders.
  • Company applicants must presently have a company registered and incorporated in Hong Kong.

  • For Hong Kong Young Entrepreneur Programme, applicants must also be:
  • Currently enrolled in or have graduated within 3 years from a registered post-secondary education institution in Hong Kong.

DEADLINE

Applications are accepted all year round:
1. 30 June 2017
2. 3 October 2017
3. 2 January 2018

ORGANIZER  

Cyberport

 

 

 

 

To assist Cyberport digital entrepreneurs to move and accelerate to the next stage, and to promote further development of the venture capital ecosystem.

NAME  

Cyberport Macro Fund

CATEGORY

Entrepreneurship, Innovation and Technology, business

REGIONS

Local

FUNDING

  • Between HK$1M to HK$20M for Cyberport’s accumulative investment per investee

ELIGIBILITY

  • Successful companies at Cyberport Accelerator Support

DEADLINE

Open for registration

ORGANIZER  

Cyberport

 

 

 

 

To provide life-changing experience to unleash participants’ full potential and gain insights into the global market.

NAME  

Cyberport University Partnership Programme (CUPP)

CATEGORY

Entrepreneurship, Innovation and Technology, Business

REGIONS

Local

PRIZE

  • Entrepreneurship boot camp at Stanford GSB
  • Mentorship and insight from FinTech industry elite
  • Pitch your FinTech business idea to investors
  • HK$100,000 cash grant by Cyberport Creative Micro Fund
  • Interview opportunity for Cyberport Incubation Programme

ELIGIBILITY

  • Applicants shall form teams with a maximum of 5 members from the same university nominating the teams
  • Applicants must be between 18 and 30 years old (inclusive) upon the application deadline
  • Applicants can be undergraduates or postgraduates and all team members must be currently enrolled students or have graduated within 3 years from the university nominating the team
  • Principal applicant of the team must be a Hong Kong Permanent ID Card holder
  • Projects must be FinTech related

APPLICATION METHOD

Contact university team for nomination details.

ORGANIZER  

Cyberport and Stanford Graduate School of Business (GSB)

 

 

Private Sectors

 

To provide matching platform for enterprises and help them to obtain investment funding.

NAME  

Hong Kong Business Angel Network

CATEGORY

Business, Startups, Entrepreneurship

REGIONS

Local

FUNDING

  • Funding varies with entry categories

ELIGIBILITY

  • Eligibility varies with entry categories

DEADLINE

Open for registration

ORGANIZER  

Hong Kong Business Angel Network

 

 

CityU

 

To offer the first funding support for ideas to be nurtured into strong candidates for the more substantive funding support later on

NAME  

Student Early Entrepreneurship Development Scheme (SEEDS) – CityU

CATEGORY

Entrepreneurship, Innovation and Technology, Creativity

REGIONS

CityU

FUNDING

  • HK$100,000 to HK$200,000

ELIGIBILITY

  • CityU student teams

DEADLINE

Stay tuned for new application announcement

ORGANIZER  

City University of Hong Kong

 

 

 

To encourage university students, alumni and professors to start up technology businesses

NAME  

Technology startup Support Scheme for Universities (TSSSU) –CityU

CATEGORY

Entrepreneurship, Innovation and Technology, Business

REGIONS

CityU

FUNDING

  • Annual funding HK$1.2 million, for not more than 3 years

ELIGIBILITY

  • Current undergraduates or postgraduates

DEADLINE

8 December 2017, before 5 pm

ORGANIZER  

Innovation and Technology Commission (ITC)

 

 

 

To provide new venues for the creative and innovative ideas of CityU staff and students and to create a vehicle for knowledge transfer

NAME  

Idea Incubator Scheme

CATEGORY

Discovery, Innovation and Technology

REGIONS

CityU

FUNDING

  • Depends on the financial needs of the projects

ELIGIBILITY

  • Full-time CityU staff (not including SCOPE and CCCU) and all CityU students

DEADLINE

Open for registration in March and September every year

ORGANIZER  

Office of the Provost

 

 

 

To provide investment funding support to startup companies for promoting knowledge transfer and commercialization of research outputs

NAME  

CityUE Investment Fund

CATEGORY

Entrepreneurship, Innovation and Technology

REGIONS

CityU

FUNDING

  • Up to an amount of HK$2.5 million in exchange for a maximum of 10% interest of the company

ELIGIBILITY

  • Current undergraduate or postgraduate students
  • Alumnus who has graduated for not more than 8 years as of the date of application
  • A company registered under the HKSAR Companies Ordinance for not more than 5 years

DEADLINE

Open for application

ORGANIZER  

City University of Hong Kong