Enterprise Support Scheme (ESS)
Objective: ESS aims to provide funding support for local companies to conduct in-house research and development (R&D) work with a view to encouraging the private sector to invest in R&D.
Funding Details:
- Provides on a dollar-for-dollar matching basis.
- Maximum Funding Support: $10 million per approved project.
- Maximum Project Duration: 24 months in general.
- Intellectual Property Rights Ownership: recipient company.
- Recoupment of Government’s Contribution: NOT required.
- Benefit Sharing of Commercialised R&D Results: NOT mandatory.
Eligibility:
A company will be eligible to apply if it –
- is incorporated in Hong Kong
- has a current business registration certificate
- is not a government subvented organisation
- is not a subsidiary of any government subvented organisation