Market Development Support Scheme
Objective: The Market Development Support Scheme is a financial subsidy for Cyberport incubatee, grantees or alumni from the Cyberport Creative Micro Fund (CCMF) and/ or Cyberport Incubation Programme (CIP) to develop Mainland and overseas market.
Funding Details: The financial assistance period lasts for 24 months from the first date of relevant Market Development Activities. The reimbursable percentage is up to 75% of eligible expenses. The total reimbursement claims for each Applicant shall not exceed HK$200,000.
Eligibility:
- Must be an incubatee, grantee or alumnus from the Cyberport Incubation Programme (“CIP”) and/or Cyberport Creative Micro Fund (“CCMF”); and
- Must submit the MDSS application within 5 years after completion of the relevant CIP or CCMF programme; and
- Must be an incubatee, grantee or alumnus from CIP and/or CCMF who have not raised equal to or more than US$10 million funding in total, on the date of filing a reimbursable claim; and
- For grantees or alumni from CCMF who are individuals, they must incorporate limited liability companies in Hong Kong with valid business registration numbers before making the MDSS applications, and the said applications must be made within 5 years after completion of the relevant CCMF programme. Individual CCMF grantees or alumni intending to apply for MDSS through a company entity must undergo eligibility checking and vetting process; and
- Must not be the organiser/ co-organiser/ service provider or a related company of the organiser/ co-organiser/ service provider of the Market Development Activity and the related services covered by the application.
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