The Government of the Hong Kong SAR has a number of programmes providing funding support for businesses.
These include the following programmes and funding schemes:
SME Support
- SME link
Online platform for SMEs to access comprehensive information and support services. - Dedicated Fund on Branding, Upgrading and Domestics Sales (BUD Fund)
To 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 ASEAN market and Mainland China market, so as to enhance their competitiveness and facilitate their business development in the ASEAN and Mainland China market. - SME Export Marketing Fund
To provide financial assistance to help individual SMEs expand their business through their participation in export promotion activities. - SME Financing Guarantee Scheme
To help SMEs and non-listed enterprises obtain loans from participating lenders such as banks for meeting their business needs so as to enhance their productivity and competitiveness in the rapidly changing business environment. - Trade and Industrial Organisation Support Fund
To provide 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.
Innovation and Technology Support
Research & Development Support
- Innovation and Technology Support Programme (ITSP)
Supports applied R&D projects conducted by R&D Centres, universities or other designated local public research institutes. - Mainland-Hong Kong Joint Funding Scheme (MHKJFS)
Encourages R&D collaboration between Hong Kong and Mainland. R&D work must be conducted in both places. - Guangdong – Hong Kong Technology Cooperation Funding Scheme (TCFS)
Encourages R&D collaboration between Hong Kong and Guangdong/Shenzhen. - Partnership Research Programme (PRP)
Supports applied R&D projects undertaken by R&D Centres, universities or other designated local public research institutes in collaboration with a private company. - Enterprise Support Scheme (ESS)
Provide funding support for local companies to conduct in-house research and development (R&D) work with a view to encouraging the private sector to invest in R&D. - R&D Cash Rebate Scheme (CRS)
Provides a cash rebate equivalent to 40% of a company's contribution to applied R&D projects funded by the ITF and R&D projects funded entirely by the company and undertaken by a designated local public research institute. - Midstream Research Programme for Universities (MRP)
Supports theme-based midstream researches by University Grants Committee-funded universities to collaborate with leading research institutes local and worldwide.
Technology Adoption
- Public Sector Trial Scheme (PSTS)
- Public Sector Trial Scheme – ITF Projects (PSTS-ITF)
For realization and commercialization of R&D results under ITF projects. - Public Sector Trial Scheme for Incubatees & Graduate Tenants of Hong Kong Science & Technology Parks Corporation and Hong Kong Cyberport Management Company Limited (PSTS-SPC)
For realization and commercialization of R&D results developed by incubates or graduate tenants of HKSTPC or Cyberport. - Public Sector Trial Scheme for Technology Companies Conducting Research and Development (R&D) Activities in Hong Kong (PSTS-TC)
For realization and commercialisation of R&D results developed by technology companies outside HKSTPC and Cyberport conducting R&D activities in Hong Kong.
- Public Sector Trial Scheme – ITF Projects (PSTS-ITF)
- Technology Voucher Programme (TVP)
Supports the use of technological services and solutions by enterprises and statutory bodies to improve productivity, or upgrade or transform business processes. - Re-industrialisation Funding Scheme (RFS)
Subsidises manufacturers to set up new smart production lines in Hong Kong. - Innovation and Technology Fund for Better Living (FBL)
Funds innovation and technology (“I&T”) projects which will make people's daily living more convenient, comfortable and safer, or address the needs of specific community groups.
Nurture of Technology Talent
- Research Talent Hub (RTH)
- Research Talent Hub for ITF projects (RTH-ITF)
Funds engagement of I&T talent by organisations/companies undertaking R&D projects funded by ITF to assist in the ITF R&D projects. - Research Talent Hub for Incubatees and I&T Tenants of the HKSTPC and the Cyberport (RTH-SPC)
Funds engagement of I&T talent by incubates and I&T tenants of HKSTPC and Cyberport to assist in R&D projects. - Research Talent Hub for Technology Companies Conducting R&D Activities in Hong Kong (RTH-TC)
Funds engagement of I&T talent by technology companies conducting R&D activities in Hong Kong to conduct R&D work.
- Research Talent Hub for ITF projects (RTH-ITF)
- Reindustrialisation and Technology Training Programme (RTTP)
Funds staff of local enterprises to receive training in advanced technologies, especially those related to “Industry 4.0”.
Technology Start-ups Support
- Technology Start-up Support Scheme for Universities (TSSSU)
Supports teams of local universities to start technology businesses and commercialise their R&D results. - Innovation and Technology Venture Fund (ITVF)
Encourages private investment in eligible local I&T start-ups.
I&T Culture Promotion
- General Support Programme (GSP)
Supports non-R&D projects that help upgrade local industries and promote an I&T culture in Hong Kong, including conferences, exhibitions, seminars, workshops, youth activities, etc. - Patent Application Grant (PAG)
Encourages capitalization of intellectual work through patent registration. For inventions with technology elements and potential for industrial application.
Creativity and Design Support
- CreateSmart Initiative
To provide financial support to projects conducive to the development and promotion of creative industries in Hong Kong.