Funding Scheme
for Youth Entrepreneurship
in the Guangdong-Hong Kong-Macao Greater Bay Area
Objective: To subsidise Hong Kong Non-governmental Organisations (NGOs) to organise youth entrepreneurial programmes and offer entrepreneurial support and incubation services, as well as start-up capital to Hong Kong young people.
Funding Details: Each youth entrepreneurship project lasts for a maximum of 3 years. Entrepreneurial support and incubation services provided include:
- Capital subsidy of up to HKD600,000
- Market and supply chain development services
- Concessionary and facilitative measures for youth start-ups in various cities
- Professional consultation services
- Business networking
- Entrepreneurial guidance and business know-how
- Assistance for settling in entrepreneurial bases in Hong Kong and in the Mainland cities of the Greater Bay Area
Eligibility:
- Hong Kong permanent resident aged between 18 to 39
- Never received the capital funding support from Entrepreneurship Matching Fund or first round of Funding Scheme for Youth Entrepreneurship in the GBA under Youth Development Fund
- Applicants/shareholders/partners must not be bankrupt or involved in bankruptcy proceedings
- Start-ups that are not yet in operation or have been in operation for no more than 3 years
- intend to set up business in Hong Kong and/or mainland cities in the GBA