Innovation and Technology Support Programme (ITSP)
Objective: ITSP (Platform & Seed) aims to support applied research and development (R&D) projects undertaken by R&D Centres or designated local public research institutes with a view to transferring the R&D results to local industries. ITSP (Collaborative), formerly the Partnership Research Programme (PRP), aims to support applied R&D projects undertaken by R&D Centres or designated local public research institutes in collaboration with companies.
Funding Details: Support platform R&D projects, seed projects and collaborative projects.
Platform projects: industry-oriented applied R&D projects with potential for commercialisation.
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- Maximum Project Duration: 24 months.
- Industry Sponsorship: at least 10% of the total project cost.
- Intellectual Property (IP) Rights Ownership: lead applicant.
Seed projects: exploratory and forward-looking in nature.
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- Maximum Funding Support: HK$2.8 million undertaken by R&D Centres1; HK$1.4 million undertaken by other applicants.
- Maximum Project Duration: 18 months.
- Industry Sponsorship: NOT mandatory.
- Intellectual Property (IP) Rights Ownership: lead applicant.
Collaborative projects: receive matching funding support for the Collaborative R&D projects.
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- Maximum Project Duration: 36 months.
- Industry Sponsorship: at least 50% of the total project cost.
- Intellectual Property (IP) Rights Ownership: industry co-applicant if it contributes at least 50% of the total project cost.
Eligibility:
- ITSP (Platform & Seed): The lead applicant must be an R&D Centre or a designated local public research institute.
- ITSP (Collaborative): The lead applicant must be an R&D Centre or a designated local public research institute, which should partner with an industry co-applicant to apply for ITSP (Collaborative). The industry co-applicant can be either a company already incorporated in Hong Kong under the Companies Ordinance (Cap. 622); or an established industry support organisation, a trade and industry association or professional body which has the legal capacity to enter into contracts.
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