Financial support

R&D Cash Rebate Scheme
Provides private companies with cash rebate equivalent to 40% of their expenditure in R&D projects under the Innovation and Technology Fund and contract R&D projects funded by companies and undertaken by local universities/designated local public research institutions.

Artificial Intelligence Subsidy Scheme
The Government has allocated $3 billion for the launch of a three‑year Artificial Intelligence Subsidy Scheme to support local universities, research institutes and enterprises to leverage Cyberport’s Artificial Intelligence Supercomputing Centre’s computing power.

Enterprise Support Scheme
Provides private sector with funding of up to HK$10 million on a dollar-for-dollar matching basis for each individual approved R&D project.

Innovation and Technology Support Programme
Provides funding for R&D projects undertaken by designated local public research institutes and R&D Centres.

Partnership Research Programme
Provides funding for R&D projects undertaken by private companies in collaboration with local universities and public research institutions.

Guangdong – Hong Kong Technology Cooperation Funding Scheme
Provides funding for projects that demonstrate an element of Guangdong/Hong Kong cooperation, including projects which are solicited, vetted and funded solely by Hong Kong and Guangdong/Shenzhen, as well as projects which are jointly solicited, vetted and funded.

Midstream Research Programme for Universities
Supports theme-based midstream research conducted by the University Grants Committee-funded universities in key technology areas for further downstream research or development of new products. Funding ceiling for each standalone project is HK$5 million, and HK$10 million for projects involving multiple disciplines or research institutions.

Public Sector Trial Scheme
Provides funding support for production of prototypes and samples as well as conducting of trial schemes in the public sector. The scheme covers R&D projects under Innovation and Technology Fund, as well as R&D results of incubatees and graduate tenants of the Hong Kong Science and Technology Parks Corporation and Cyberport.

R&D Centres
Set up in 2006 to drive and coordinate applied R&D in selected focus area and to promote commerialisation of R&D results and technology transfer.

Hong Kong Applied Science and Technology Research Institute (“ASTRI”), designated as the R&D Centre for Information and Communications Technologies

Nano and Advanced Materials Institute (“NAMI”)

Logistics and Supply Chain MultiTech R&D Centre (“LSCM”)

Hong Kong Research Institute of Textiles and Apparel (“HKRITA”)

Automotive Platforms and Application Systems (APAS) R&D Centre

Hong Kong Microelectronics Research and Development Institute (“MRDI”)

Universities
The Technology Transfer Offices in the eight local universities are committed to transferring technology from academia to society.

City University of Hong Kong: Knowledge Transfer Office

Hong Kong Baptist University: Knowledge Transfer Office

Lingnan University: Office of Research and Knowledge Transfer

The Chinese University of Hong Kong: Office of Research and Knowledge Transfer Services

The Education University of Hong Kong: Knowledge Transfer Sub-office

The Hong Kong Polytechnic University : Knowledge Transfer and Entrepreneurship Office

The Hong Kong Polytechnic University: Research and Innovation Office

The Hong Kong University of Science and Technology: Office of Knowledge Transfer

The University of Hong Kong: Technology Transfer Office