Tuesday, May 24, 2011

Gov Funding Available in Hong Kong

Gov Fundings Available in Hong Kong

I started with this list (few years old already) http://www.itc.gov.hk/en/doc/download/BK-Benefit_from_TF_Scheme_200704.pdf

Then I targeted 2 of them which are suitable for my tech startup: SERAP and Science Park Incubation Programme.

SERAP

SERAP Guide

http://www.itf.gov.hk/l-eng/Forms/itf-serap-guide_2010_07.pdf

ITF Guide

http://www.itf.gov.hk/l-tc/ITSP.asp

SERAP and ITF Application Form

http://www.itf.gov.hk/l-eng/forms.asp

Science Park Incubation Programme

Overview and Funding area

http://www.hkstp.org/HKSTPC/download/annualReport/HKSTP_Bronchure201101Jan20110317165143.pdf

Criteria

http://www.hkstp.org/HKSTPC/en_html/en_full7_2.jsp

Application Form

http://www.hkstp.org/HKSTPC/download/applicationForm/BDTS_TBI_IA_WF_APP_001_Rev113_Application%20Form20110428170309.pdf

Comments

SME fund looks good too. It funds standalone projects and oversea development/ learning events. But it focus more on helping developed business to expand. So, that's not exactly what benefits me at the moment. You can read the details here.

Science Park one offers office space, some basic facilities and covers marketing promotion cost. However, the funding does not include salary, books, travelling expenses. So, at the same time, I would apply for SERAP to support my R&D expenses too. And then later when my business get more mature, and if I have more standalone projects extended, I will go for SME fund.

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