Support for SMEs

Government Funding Schemes

Funding Scheme for Youth Entrepreneurship in the Guangdong-Hong Kong-Macao Greater Bay Area
Funding Scheme for Youth Entrepreneurship in the Guangdong-Hong Kong-Macao Greater Bay Area
Objective

To subsidise Hong Kong Non-governmental Organisations (NGOs) to organise youth entrepreneurial programmes and offer entrepreneurial support and incubation services, as well as start-up capital to Hong Kong young people.

Details

Each youth entrepreneurship project lasts for a maximum of 3 years. Entrepreneurial support and incubation services provided include:

  • Capital subsidy of up to HKD600,000
  • Market and supply chain development services
  • Concessionary and facilitative measures for youth start-ups in various cities
  • Professional consultation services
  • Business networking
  • Entrepreneurial guidance and business know-how
  • Assistance for settling in entrepreneurial bases in Hong Kong and in the Mainland cities of the Greater Bay Area
Eligibility and Requirement
  • Hong Kong permanent residents aged between 18 and 39 that are genuinely prepared to start a business and have detailed plans.
  • Having start-ups that have not been in operation or have been in operation for not more than 3 years with business registered in Hong Kong.
Application Procedure

Funding Scheme for Youth Entrepreneurship in the Guangdong-Hong Kong-Macao Greater Bay Area does not accept application all year around. Please visit the Scheme's website for the application periods.

Implementation Agent
Youth Development Commission
2024-06-27