Research, Academic and Industry Sectors One-plus Scheme (RAISe+)

Objective: Launched in October 2023, RAISe+ aims to unleash potential of local universities in transformation and commercialisation of R&D outcomes, and facilitate relevant collaboration among the Government, industries, universities, and research sectors.

Funding Details:

• Maximum funding support: HK$100 million per project
  Two Stages:
• First stage (transformation and realisation of R&D outcomes);
• Second stage (initiation of the commercialisation of R&D outcomes).

Depending on the maturity of the transformation of its R&D outcomes, Applicants may join the Scheme starting from either the first or the second stage.
Matching Ratio:

• The First Stage: up to 2 (Government) : 1 (industry and university)
• The Second Stage: 1 (Government) : 1 (industry)

Eligibility:

• The applicant must be a university funded by the University Grants Committee (UGC).

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