Support for SMEs

Government Funding Schemes

HKSTP Incu-Bio Programme
HKSTP Incu-Bio Programme
Objective

To help biomedical startups launch their research and development (R&D) and develop life-changing solutions.

Details

Incu-Bio Programme is a four-year programme offering the following support to successful applicants:

Workspace Support

  • Get access to modern co-working lab and spaces at preferential rates for incubatees.

Technology Support

  • Innovate with world-class equipment, software and lab facilities supported by in-house team of professional scientists.
  • Connect with biomedical industry partners to drive R&D.

Business Support

  • Establish network of mentors, strategic partners and investors through Hong Kong Science and Technology Parks (HKSTP)’s matching events.
  • Get advice on crafting the perfect business plan, preparing for investment and finding funding.
  • Extend reach through exhibitions, launch events, press releases, media interviews, business sharing and product demo sessions.
  • Access one-on-one business matching through Technologies from Science Park platform.

Financial Aid

  • Access funding support up to HKD6,000,000, consisting of HKD4,000,000 financial subsidy and upfront grant, HKD2,000,000 funding to cover regulatory activities, such as clinical trials.
Eligibility and Requirement
  • A Hong Kong registered and incorporated company
  • Focused on diagnostic, therapeutic, medical device or other biomedical areas
  • Developing original and innovative technologies that have potential for commercialisation
  • Incorporated within 2 years 
  • Not participate in any incubation programmes hosted by HKSTP, Cyberport or the Hong Kong Design Centre
Application Procedure

Applicants shall -

  • Submit a business proposal outlining innovation and technology, business model, team and four-year milestone plan.
  • Provide the required documents to support application.
  • Undergo an eligibility check conducted by an assessment panel of independent experts.

For any enquiries, please contact IncuBio Team by email (incubio@hkstp.org).

Implementation Agent
Hong Kong Science and Technology Parks Corporation
2023-10-06