To encourage and support young people to work and pursue their career in the Mainland cities of the Greater Bay Area (“GBA”), the Chief Executive announced in the 2020 Policy Address the launch of the Greater Bay Area Youth Employment Scheme.
Under the “Youth Development Fund”, the funded NGOs in Hong Kong will organise short-term experiential programmes at the innovation and entrepreneurial bases in Mainland GBA cities.
Under the “Youth Development Fund”, the funded NGOs will collaborate with about 70 entrepreneurial bases in Hong Kong and the Mainland cities of the Greater Bay Area in order to offer entrepreneurial support and incubation services to Hong Kong young people who intend to start their businesses in various industries and cities.
The Youth Development Fund aims at supporting youth entrepreneurship and youth development activities through collaboration with non-governmental organisations (NGOs), including working with NGOs in the form of a matching fund to help young people start their own business.
The CMF is an investment fund which targets to co-invest with other private and public investors in the Cyberport digital entrepreneurs.
The PoC Scheme aims to encourage traditional financial institutions to partner up with Fintech companies to conduct PoC projects on innovative financial service products.
The Fintech Supervisory Sandbox (FSS), launched by the HKMA in September 2016, allows banks and their partnering technology firms (tech firms) to conduct pilot trials of their fintech initiatives involving a limited number of participating customers without the need to achieve full compliance with the HKMA’s supervisory requirements.
The Hong Kong R&D Centre Programme is the core initiative driven by the Innovation and Technology Commission of HKSAR Government with the aim to harness Hong Kong’s advantages in applied research, intellectual property protection, business-friendly environment and proximity to the manufacturing based in the Pearl River Delta (PRD) region, to thrive as a regional technology service hub.
We empower the innovation and technology ecosystem in Hong Kong through a host of strategic initiatives.
As the HKSAR’s strategic partner in promoting design, HKDC is a publicly-funded design promotion agency tasked to run and grow Hong Kong’s flagship programmes – Business of Design Week, Knowledge of Design Week, Fashion Asia Hong Kong, Design Incubation Programme & Fashion Incubation Programme, DFA Awards, and fostering creative and design thinking.