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 40 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.
  • Individual NGOs may prescribe additional application conditions. Please refer to the project details of the relevant NGOs.
Application Procedure

Interested and eligible applicants may contact the funded NGO(s) to enquire about details of the programme.

Implementation Agent
Youth Development Commission
2022-10-19