Public Sector Trial Scheme for Technology Companies Conducting Research and Development (R&D) Activities in Hong Kong (PSTS-TC)
Objective: PSTS-TC aims to fund the production of prototypes/samples and/or conducting of trials in the public sector by technology companies conducting R&D activities in Hong Kong.
Details:
- Maximum Funding Support: $1 million per project.
- Maximum Project Duration: 12 months.
- Deployment of samples/prototypes and conducting of trials are generally confined to the local public sector which includes Government bureaux and departments, statutory bodies and/or Hong Kong Government subvented non-governmental bodies in the welfare sector.
- The project should aim to facilitate the development of new products not already available in the market, and should employ the R&D results/deliverables developed and owned by the applicant itself.
Eligibility:
The applicant should be a technology company incorporated in Hong Kong under the Companies Ordinance (Cap. 622) or registered in Hong Kong under the Business Registration Ordinance (Cap. 310) which is conducting R&D activities in Hong Kong. The technology company must not be a government subvented organisation or a subsidiary of any government subvented organisation. The R&D outcomes for trial need to be owned by the applicant company and developed by the applicant company primarily in Hong Kong and should align with its business plans.