HK$200 million would be allocated for setting up the new GTF to provide better and more focused funding support for the R&D and green technologies.
The $1 billion Smart Traffic Fund provides funding support to local organisations and enterprises for conducting research and application of innovation and technology with the objectives of enhancing commuting convenience, enhancing road network or road space efficiency, and improving driving safety.
To help improve roadside air quality and reduce carbon emissions, thereby helping to avert global climate change, the Government put in place a $300 million Pilot Green Transport Fund (PGTF) to subsidise the transport trade and charitable/non-profit making organisations to try out green innovative transport technologies previously in March 2011.
The Programme aims to encourage and facilitate Hong Kong-owned factories in Hong Kong and Guangdong to adopt cleaner production technologies and practices, thereby contributing to improving the environment.
The CSI aims at providing financial support to projects conducive to the development of creative industries in Hong Kong. It is administered by the Create Hong Kong (CreateHK)
The main purpose of the Hong Kong Chinese Medicine Development Fund is to promote the development of the Chinese medicine and Chinese medicine drug sectors, enhance the overall standard of the industry, nurture talents for Chinese medicine, promote Chinese medicine-related research and enhance public knowledge and understanding of Chinese medicine.
The fund aims to promote the adoption of information technology among SME-sized travel agents for upgrading their productivity and service quality, as well as strengthening their competitiveness in the local or overseas markets.
The Fashion Incubation Programme (FIP) is a two-year programme dedicated to inspiring, empowering and supporting emerging fashion designers and brands.
The Innovation and Technology Fund for Better Living (“FBL”) is a scheme for funding innovation and technology (“I&T”) projects which will make people’s daily living more convenient, comfortable and safer, or address the needs of specific community groups.
The Social Innovation and Entrepreneurship Development Fund (SIE Fund), as a catalyst for social innovation in Hong Kong, connects our community with different sectors, including businesses, NGOs, academics and philanthropies to create social impact through innovative solutions that address poverty and social exclusion.