Green Tech Fund
Objective: Provide better and more focused funding support to research and development projects which can help Hong Kong decarbonise and enhance environmental protection.
Funding Details:
Funding Scope
- Projects that develop low-carbon technologies with high application and commercialisation potential, which cater for the specific needs of Hong Kong’s environment and market, are eligible. The technologies to be developed should be specific to Hong Kong’s circumstances and challenges and can demonstrate clear prospect for commercialisation/ application in local context.
- Projects that can support Government’s policy objectives in the areas of Net-zero Electricity Generation, Energy Saving and Green Buildings, Green Transport and Waste Reduction will be given priority.
Funding Amount and Duration
- Designated Local Public Research Institutes or R&D Centres
- Funding Amount: HKD2,500,000 – HKD30,000,000
- Maximum Project Duration: 5 years
- Local Companies
- Funding Amount: HKD2,500,000 – HKD20,000,000 on a matching basis (Applicants shall contribute at least one-third of the total project cost)
- Maximum Project Duration: 3 years
Eligibility:
GTF is open for application from the following organisations
- Designated local public research institutes
- The five R&D centres designated by the Innovation and Technology Fund
- Local companies