Support for SMEs
Government Funding Schemes
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To support applied research and development (R&D) projects undertaken by R&D Centres or designated local public research institutes in collaboration with companies.
- Provide matching funding support for Collaborative R&D projects
- Maximum Project Duration: 36 months
- Industry Sponsorship: At least 50% of the total project cost
- Intellectual Property (IP) Rights Ownership: Industry co-applicant if it contributes at least 50% of the total project cost
The lead applicant must be an R&D Centre or a designated local public research institute, which should partner with an industry co-applicant to apply for PRP. The industry co-applicant can be either a company incorporated in Hong Kong under the Companies Ordinance (Cap. 622); or an industry support organisation, a trade and industry association or professional body which has the legal capacity to enter into contracts.
Five R&D centres designated by the Innovation and Technology Fund
- Automotive Parts and Accessory Systems R&D Centre
- Hong Kong Research Institute of Textiles and Apparel
- Hong Kong Applied Science and Technology Research Institute, designated as the R&D Centre for Information and Communications Technologies
- Logistics and Supply Chain MultiTech R&D Centre
- Nano and Advanced Materials Institute
Designated local public research institutes
- Local universities (including all institutions funded by the University Grants Committee)
- Self-financing degree-awarding institutions registered under the Post-Secondary Colleges Ordinance (Cap. 320)
- The Hong Kong Productivity Council
- The Vocational Training Council
- The Clothing Industry Training Authority
- The Hong Kong Institute of Biotechnology
- Partnership Research Programme is open for application all year round.
- Applications must be submitted to the Innovation and Technology Fund Secretariat electronically through the Innovation and Technology Commission Funding Administrative System.
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