Hong Kong SAR Government Funding Schemes

 

 

 

 

This list of funding schemes is published as a helpful tool to those businesses in Hong Kong seeking Government funding. It is provided by the ISD, HKSAR Government.

 

 

1. For Enterprises Government Funding Schemes at a Glance    
No.Funds / SchemesObjectivesTarget recipientsContact
Financing and Guarantee
1SME Loan Guarantee SchemeHelp SMEs secure loans from participating lending institutions for acquiring business installations and equipment or meeting working capital needs of general business usesSMEs 1 (except lending institutions and their associates) with substantive business operations in Hong KongTrade and Industry Department
Tel: 2398 5129
Email: sgs_enquiry@tid.gov.hk
Website: https://www.smefund.tid.gov.hk/sgs/eng
2SME Financing Guarantee SchemeHelp SMEs and non-listed enterprises obtain financing from participating lenders for meeting business needsEnterprises registered in Hong Kong (except listed companies, lending institutions and affiliates of lending institutions)2HKMC Insurance Limited
Tel: 2536 0392
Email: sfgs_enquiry@hkmci.hk
Website: http://www.hkmc.com.hk/eng/#Corporate
Market Development/Business Upgrading
3SME Export Marketing FundEncourage SMEs to expand markets outside Hong Kong by participating in export promotion activitiesSMEsTrade and Industry Department
Tel: 2398 5127
Email: emf_enquiry@tid.gov.hk
Website: https://www.smefund.tid.gov.hk/emf/eng
4Dedicated Fund on Branding, Upgrading and Domestic Sales (BUD Fund)Provide funding support to individual Hong Kong enterprises in undertaking projects to develop brands, upgrade and restructure their business operations and promote sales in the FTA markets 3 and Mainland China market, so as to enhance their competitiveness and facilitate their business development in the FTA markets and Mainland
China market.
Non-listed local enterprisesHong Kong Productivity Council
Tel: 2788 6088
Email: bud_sec@hkpc.org
Website: https://www.bud.hkpc.org/en
5Retail Technology Adoption Assistance Scheme for Manpower Demand Management (ReTAAS)Provide funding support for retail enterprises to adopt technologies for manpower demand management purposes and help enhance productivityNon-listed enterprises (except catering industry) with substantive retail business operations in Hong KongHong Kong Productivity Council
Tel: 2788 6262
Email: retaas_sec@hkpc.org
Website: https://www.retaas.hkpc.org/en/index.aspx
Supporting Research & Development (R&D)
6Innovation and Technology Support Programme (ITSP)Supports research and development (R&D) projects undertaken by designated local public research institutes and R&D Centres.R&D Centres and designated local public research institutesInnovation and Technology
Commission
Tel: 3655 5678
Email: enquiry@itf.gov.hk
Website: https://www.itf.gov.hk/l- eng/ITSP.asp
7Partnership Research Programme (PRP)Support research and development (R&D) projects undertaken by private companies in collaboration with local universities and public research institutionsLocally incorporated companies, or industry support organisations/ trade and industry associations/ professional bodies having the legal capacity to enter into contractsInnovation and Technology
Commission
Tel: 3655 5678
Email: enquiry@itf.gov.hk
Website: https://www.itf.gov.hk/l- eng/PRP.asp
8Enterprise Support Scheme (ESS)Encourage the private sector to invest in research and development (R&D)Locally incorporated companiesInnovation and Technology
Commission
Tel: 3422 3700
Email: ess@itc.gov.hk
Website: http://www.itf.gov.hk/l- eng/ESS.asp
9Research and Development Cash Rebate Scheme (CRS)Reinforce the research culture among private companies and encourage them to establish stronger partnership with designated local public research institutionsEnterprises registered in Hong KongInnovation and Technology Commission
Tel: 3655 5678
Email: crs-enquiry@itc.gov.hk
Website: http://www.itf.gov.hk/l-eng/crs.asp
Facilitating Technology Adoption
10Technology Voucher Programme (TVP)Subsidise local enterprises and organisations to use technological services and solutions to improve productivity, or upgrade or transform their business processes.Non-listed local enterprises with substantive business operations in Hong KongInnovation and Technology
Commission
Tel: 3523 1170
Email: tvp-enquiry@itc.gov.hk
Website: https://tvp.itf.gov.hk
1 Manufacturing enterprises with fewer than 100 employees and non-manufacturing enterprises with fewer than 50 employees are regarded as small and medium enterprises (SMEs) in Hong Kong.
2 For some guarantee products, eligible enterprises must also have been in operation in Hong Kong for at least one year.
3 Including Mainland China, New Zealand, the four member states of the European Free Trade Association (i.e. Iceland, Liechtenstein, Norway and Switzerland), Chile, Macao, the ten member states of the Association of Southeast Asian Nations (ASEAN), Georgia and Australia.
No.Funds / SchemesObjectivesTarget recipientsContact
Reindustrialisation
11Re-industrialisation Funding Scheme (RFS)Subsidise manufacturers to set up new smart production lines in Hong Kong.Locally incorporated companiesInnovation and Technology Commission
Tel: 3655 5678
Email: rfs-enquiry@itc.gov.hk
Website: https://www.itf.gov.hk/en/funding- programmes/facilitating-
technology/rfs/index.html
Nurturing Technology Talent
12Reindustrialisation and Technology Training Programme (RTTP)Subsidise local companies to train staff in advanced technologies, especially those related to "Industry 4.0"Enterprises registered in Hong KongVocational Training Council
Tel: 3907 6660 / 3907 6681
Email: rttp@vtc.edu.hk
Website: https://rttp.vtc.edu.hk/
Supporting Technology Start-ups
13Technology Start-up Support Scheme for Universities (TSSSU)Provides funding to designated local universities to support their teams in starting technology businesses and commercialising their research and development (R&D) resultsLocally incorporated technology start-ups established for not more than two years, and the teams of the start-ups having any mix of the students and professors of the designated universitiesInnovation and Technology
Commission
Tel: 3655 5678
Email: enquiry@itf.gov.hk
Website: https://www.itf.gov.hk/l- eng/TSSSU.asp
Patent Application
14The Patent Application GrantAssist local companies and individuals to apply for patents of their own inventions to capitalise their intellectual workLocally incorporated companies or Hong Kong permanent residents which/who have never owned any patents nor received funding from the Grant beforeHong Kong Productivity Council
Tel: 2788 5958
Email: ipsc@hkpc.org
Website: http://www.itc.gov.hk/en/funding/pag.htm
Creative Industry
15Design Incubation ProgrammeNurture design start-ups at the early stage of their business development, with hardware and software supportLocally incorporated companies for not more than three years (and Hong Kong permanent residents)Hong Kong Design Centre
Tel: 3793 8418
Email: dip@hkdesigncentre.org
Website: https://www.hkdesignincubation.org/?lang= 1
16Fashion Incubation ProgrammeFoster local fashion creative economy and strengthen the positioning of Hong Kong design and fashion development in both pan-
Asian and global contexts
Fashion design-oriented business either incorporated in Hong Kong or overseas for more than 3 yearsHong Kong Design Centre
Tel: 3793 8407
Email: fip@hkdesigncentre.org
Website: https://hkfip.org/en/
Travel Industry
17Pilot Information Technology Development Matching Fund Scheme for Travel AgentsPromote the adoption of information technology among SME-sized travel agents for upgrading their productivity and service quality, as well as strengthening their competitiveness in the local or overseas market.Small and medium sized travel agents (employing fewer than 50 persons in Hong Kong) holding a valid travel agent’s licence under the Travel Agents Ordinance (Cap. 218) with substantive travel agent business in Hong KongThe Travel Industry Council of Hong
Kong
Tel: 2969 8127
Email: pilotscheme@tichk.org
Website: http://www.tichk.org/public/website/en/indu stry_subsidy_scheme/IT_matching_fund/IT
_matching_fund/html
18Development Fund for the Travel IndustryEnhance the overall competitiveness of the local travel industry through subsidizing the training and promotional activities beneficial to travel agentsSmall and medium sized travel agents (employing fewer than 50 persons in Hong Kong) holding a valid travel agent’s licence under the Travel Agents Ordinance (Cap. 218)The Travel Industry Council of Hong
Kong
Tel: (852) 2969 8157
Email: dfund@tichk.org
Website: http://www.tichk.org/public/website/en/indu
stry_subsidy_scheme/development_fund/tr aining_activities/html
Science Park Programmes
19Science and Technology Entrepreneur Programme (STEP)Nurture tech-focused entrepreneurs to become successful startups and help them turn their brilliant ideas into reality.Companies incorporated in Hong Kong for less than 1 year or Hong Kong permanent residents aged 18 or aboveHong Kong Science and Technology
Park Corporation
Tel: 2629 6872
Email: step@hkstp.org
Website:https://www.hkstp.org/en/innovate
-with-us/pre-incubation/science-and- technology-entrepreneur-programme-step/
20Incu-Tech Incubation ProgrammeProvide a range of business and professional services to assist technology startups during their inception stagesHong Kong registered technology start-up companies limited by shares and established for not more than 2 yearsHong Kong Science and Technology
Park Corporation
Tel: 2629 6873
Email: biadmin@hkstp.org
Website:https://www.hkstp.org/en/innovate
-with-us/incubation/incu-tech/
No.Funds / SchemesObjectivesTarget recipientsContact
21Incu-Bio Incubation ProgrammeSupport the growth and development of biomedical tech start-ups in Hong Kong.Hong Kong registered biomedical technology start-up companies limited by shares and established for not more than 2 yearsHong Kong Science and Technology Park Corporation
Tel: 2629 6869
Email: incubio_enquiries@hkstp.org
Website:https://www.hkstp.org/en/innovate
-with-us/incubation/incu-bio/
22Incu-App Incubation ProgrammeProvide startup support to companies working on business innovation during their inception stages.Hong Kong registered technology start-up companies limited by shares and established for not more than 2 yearsHong Kong Science and Technology
Park Corporation
Tel: 2629 6873
Email: biadmin@hkstp.org
Website:https://www.hkstp.org/en/innovate
-with-us/incubation/incu-app/
23Leading Enterprises Acceleration Programme (LEAP)Caters to startups’ distinctive needs for growth and accelerates their innovation onto the global stage.Either be a current incubation company or a tenant of HKSTPHong Kong Science and Technology
Park Corporation
Tel: 2629 6685
Email: join.leap@hkstp.com
Website:https://www.hkstp.org/en/innovate
-with-us/acceleration/leading-enterprises- acceleration-programme-leap/
24Corporate Venture Fund (CVF)Give early-stage Hong Kong technology startups a chance to fully develop their ideas and create revolutionary new tech products and servicesHong Kong registered technology companies who are either HKSTP incubatees, Incubation Programme graduates or current Science Park tenantsHong Kong Science and Technology Park Corporation
Email: cvf@hkstp.org
Website: https://www.hkstp.org/innovate- with-us/investment-opportunities/hkstp- ventures/
Cyberport Programmes
25Cyberport Creative Micro FundEncourage innovation and creativity by sponsoring high potential digital tech start-up projects and business ideas.Locally incorporated limited companies or Hong Kong permanent residents aged 18 or aboveCyberport
Tel: 3166 3900
Email: ccmf_enquiry@cyberport.hk
Website: https://www.cyberport.hk/en/about_cyberp
ort/cyberport_youth/cyberport_creative_mi cro_fund
26Cyberport Incubation ProgrammeSupport entrepreneurs and start-ups with resources that aim to accelerate their growth.Locally incorporated limited companiesCyberport
Tel: 3166 3900
Email: cip_enquiry@cyberport.hk
Website: https://www.cyberport.hk/en/about_cyberp
ort/cyberport_entrepreneurs/cyberport_inc ubation_programme
27Cyberport Accelerator Support ProgrammePrepare Cyberport incubatees and alumni for international markets and investorsCyberport incubatees or alumniCyberport
Tel: 3166 3735
Email: casp@cyberport.hk
Website: https://www.cyberport.hk/en/about_cyberp ort/cyberport_partners/cyberport_accelerat
or_support_programme
28Market Development Support SchemeProvide a financial subsidy for graduates of Cyberport Incubation Programme (CIP) and Cyberport Creative Micro Fund (CCMF) to develop Mainland and Overseas marketGraduates or alumni from CIP and CCMFCyberport
Tel: 3166 3846
Email: mdss@cyberport.hk
Website: https://www.cyberport.hk/en/about_cyberp
ort/cyberport_partners/marketing- development-support-scheme
29Cyberport Macro FundTo invest in information and communications technology start-ups in Cyberport by providing them with seed to Series A funding, thereby fostering the development of venture capital and angel investments in Hong KongDigital technology companies with operation based in Hong Kong, which are either (i) incubatees or graduates of Cyberport's other programmes,
(ii) Cyberport Smart-Space
companies, or (iii) Cyberport office tenants
Cyberport
Tel: 3166 3800
Email: macrofund@cyberport.hk
Website: https://www.cyberport.hk/en/about_cyberp ort/cyberport_macro_fund
Environmental Protection
30Cleaner Production Partnership ProgrammeEncourage and facilitate Hong Kong- owned factories in Hong Kong/Guangdong to adopt Cleaner Production technologies and practicesEnterprises registered in Hong Kong and owning and operating a factory in Hong Kong/GuangdongHong Kong Productivity Council
Tel: 2788 5588
Email: enquiry@cleanerproduction.hk
Website: https://www.cleanerproduction.hk/en_index
.asp
No.Funds / SchemesObjectivesTarget recipientsContact
31Recycling Fund (Enterprise Support Programme)Provide funding support for individual Hong Kong enterprises to upgrade and expand their waste recycling operations in Hong KongEnterprises registered in Hong Kong and involved in recycling related operationHong Kong Productivity Council
Tel: 2788 5658
Email: enquiry@recyclingfund.hk
Website: https://www.recyclingfund.hk/en/index.php
32Pilot Green Transport FundSubsidise the testing of green innovative technologies applicable to the public transport sector and goods vehiclesExisting transport operators based in Hong Kong (including cross-boundary transport) and operating in the relevant transport service for more than 1 yearEnvironment Protection Department
Tel: 2824 0022
Email: pgtf@epd.gov.hk
Website: https://www.epd.gov.hk/epd/english/enviro
nmentinhk/air/prob_solutions/pilot_green_t ransport_fund.html
33Sustainable Agriculture Development FundSupport practical, application- oriented projects, schemes or research work that enhance farmers’ productivity and output, as well as contribute to fostering the sustainable development and enhancing the overall competitiveness of the
agricultural industry
Company incorporated in Hong Kong having a close connection with the agricultural industry in Hong Kong or farmers seeking grants under the Farm Improvement Scheme.Agriculture, Fisheries and Conservation
Department
Tel: 2150 6829
Email: sadf@afcd.gov.hk
Website: https://www.afcd.gov.hk/english/agriculture/ sadf/sadf.html
34Farm Improvement SchemeProvide direct grants to local farmers for acquisition of farming equipment and materials to improve their farming efficiency and productivityResidents or incorporated companies/organisations of Hong Kong operating a crop farm engaged in commercial production of not less than 1 dau chung (d.c.) or licensed livestock farms in Hong Kong.Agriculture, Fisheries and Conservation Department
Tel: 2150 6829
Email: sadf@afcd.gov.hk
Website: https://www.afcd.gov.hk/english/agriculture/ sadf/sadf_fis.html
35Vegetable Marketing Organization Loan FundGrant loans to local crop farmers for agricultural production and developmentLocal crop farmersAgriculture, Fisheries and Conservation Department
Tel: 2476 2424
Email: mailbox@afcd.gov.hk
Website: http://www.afcd.gov.hk/english/agriculture/
agr_loan/agr_loan_vmolf/agr_loan_vmolf.h tml
36Kadoorie Agriculture Aid Loan FundGrant loans to individual farmers, pond fish operators and mariculturists for development and working capitalIndividual farmers, pond fish operators and mariculturistsAgriculture, Fisheries and Conservation
Department
Tel: 2476 2424 (Agriculture) / 2150 7097 (Fisheries)
Email: mailbox@afcd.gov.hk
Website: http://www.afcd.gov.hk/english/agriculture/
agr_loan/agr_loan_kaalf/agr_loan_kaalf.ht ml
37J.E. Joseph Trust FundGrant loans to farmers' co-operative societies and individual farmers for use either as development or working capitalFarmers' co-operative societies and individual farmersAgriculture, Fisheries and Conservation
Department
Tel: 2476 2424
Email: mailbox@afcd.gov.hk
Website:
http://www.afcd.gov.hk/english/agriculture/ agr_loan/agr_loan_jtf/agr_loan_jtf.html
38Sustainable Fisheries Development FundHelp the local fishing community move towards sustainable or high value-added operations, assisting the trade to enhance its overall competitiveness and cope with new challengesCompany incorporated in Hong Kong having a close connection with the fisheries industry in Hong KongAgriculture, Fisheries and Conservation
Department
Tel: 2150 7158
Email: sfdf@afcd.gov.hk
Website:
http://www.afcd.gov.hk/english/fisheries/sfd f/SFDF.html
Construction
39Construction Innovation and Technology FundProvide funding support to enterprises and practitioners of the construction industry to wider adoption of innovative constructive methods and new technologies in the construction industry with a view to promoting productivity, uplifting built quality, improving site safety and enhancing environmental
performance
Construction-related enterprises in Hong KongConstruction Industry Council
Tel: 2100 9000
Email: enquiry@cic.hk
Website: http://www.citf.cic.hk/en/
Chinese Medicine
40Chinese Medicine Development Fund (Enterprise Support Programme)Offers matching fund to practitioners and institutions to facilitate the development of Chinese Medicine Industry in Hong KongLicensed proprietary Chinese medicine manufacturers or proprietary Chinese medicine wholesalers under the Chinese Medicine Ordinance (Cap 549).Hong Kong Productivity Council
Tel: 2788 5632
Email: enquiry@cmdevfund.hk
Website: https://www.cmdevfund.hk/content- en.php?mid=3
2. For Organisations
No.Funds / SchemesObjectivesTarget recipientsContact
Financing
41Trade and Industrial Organisation FundProvides financial support to non- profit-distributing organisations to implement projects which aim at enhancing the competitiveness of non-listed Hong Kong enterprises in
general or in specific sectors
Non-profit-distributing organisations (such as trade and industrial organisations, professional bodies or research institutes)Trade and Industry Department
Tel: 2398 5128
Email: tsf_enquiry@tid.gov.hk Website: https://www.smefund.tid.gov.hk/tsf/eng
Market Development / Business Upgrading
42Professional Services Advancement Support SchemeSupport Hong Kong’s professional services sector to carry out worthwhile projects to spearhead pro- active outreaching promotion efforts and to improve service offeringsNon-profit-distributing organisations (such as trade and industrial organisations, professional bodies or research institutes)Commerce and Economic Development Bureau
Tel: 3655 5418
Email: pass@cedb.gov.hk Website: https://www.pass.gov.hk
Promoting IT Culture
43General Support Programme (GSP)Support non-R&D projects that contribute to the upgrading and development of our industries as well as fostering an innovation and technology culture in Hong KongLocal unincorporated or incorporated companies, non- profit making trade and industry organisations, public bodies, or universities or other tertiary/post-
secondary institutes by statute
Innovation and Technology Commission
Tel.: 3655 5678
Email: enquiry@itf.gov.hk Website: https://www.itf.gov.hk/l-
eng/GSP.asp
Travel Industry
44Pilot Scheme for Characteristic Local Tourism EventsProvides marketing and promotional funding support for visitor-targeted events that are related to arts, culture, festivals, dining and sports, and embody characteristics that are uniquely Hong Kong, with the aims of diversifying the city’s tourism product offerings; attracting local and overseas media coverage; increasing visitor arrivals; and enhancing
visitors’ travel experience in Hong Kong
Hong Kong-registered non-profit organisations (i.e. local bona-fide non-profit organisations, such as sports or non-governmental organisations, arts associations or chambers of commerce) that will host an arts, culture, dining or sports event or a festival in Hong KongHong Kong Tourism Board
Tel: 8120 0037
Email: eventsupport@hktb.com Website:
http://www.discoverhongkong.com/LocalEv entsPilotScheme
45Travel Industry Training FundEnhance the industry’s service quality through subsidising training activities organised by eligible training bodiesNon-profit-making and non-profit- distributing organisations, including training / education institutions, employer / employee associations or professional bodies in the travel industryThe Travel Industry Council of Hong Kong
Tel: 2969 8157
Email: trainingfund@tichk.org Website:
http://www.tichk.org/public/website/en/indu stry_subsidy_scheme/training_fund/trainin g_programme_subsidy_scheme/html
Environmental Protection
46Recycling Fund (Industry Support Programme)Subsidises non-profit making projects for enhancing the operational standards and productivity of the industry, including upgrading the skills and safety of incumbent and potential employees of the local recycling industry and / or expanding its potential workforce, as well as certification and accreditation of
recycling operations, etc.
Non-profit-distributing organisations operating as support organisations, trade and industrial organisations, professional bodies or research institutesHong Kong Productivity Council
Tel: 2788 5658
Email: enquiry@recyclingfund.hk Website:
https://www.recyclingfund.hk/en/application
_isp.php
Chinese Medicine
47Chinese Medicine Development Fund (Industry Support Programme)Support training programmes and courses, Chinese medicine promotional activities, and research and studies on Chinese medicineNon-profit-making organisations, professional bodies, trade and academic associations and research institutionsHong Kong Productivity Council
Tel.: 2788 5632
Email: enquiry@cmdevfund.hk Website:
https://www.cmdevfund.hk/content- en.php?mid=4
Updated on: 31 July 2020