Promoting Tech Adoption – New Industrialisation Funding Scheme

Funding

  1. The production line, in whole or in large part, should meet the ““smart production” criteria
  1. The Government will1 (Government):2 (company)on a matching basisFunding cap: one third of the approved project cost, or HK$15 million, whichever is lower. At any time a company may have at most three applications or projects, for a combined maximum of HK$45 million.
  1. Scope: costs directly tied to setting up a new production line in Hong Kongcost
  1. Project period: generally within 24 months

Eligibility

A company incorporated in Hong Kong under the Companies Ordinance (Cap. 622) is eligible

Application deadline

Applications accepted year-round