Government Funding Scheme & Support
The Hong Kong Government is committed to supporting startups and SMEs to help realize their vision and take their business to the next level. Find out about government funding schemes available to assist your business.
- Anti-Epidemic Fund – Support Measures for SMEs and Startups (Special Relief Measures)
- Supporting Research & Development
- Nurturing Tech Talent Pool
- Government Co-Investment with Private VCs
- Facilitating Technology Adoption/
Patent Application Grant
- Marketing Development/Business Upgrading
- SME Loan Guarantee/Export Credit Insurance
- Industry Focus Funding Schemes
- Hong Kong Science & Technology
Parks Corporation (HKSTP)
- Government Support Bodies
- Fintech Sandboxes
- Innovation Solutions For Public Services Needs
Anti-Epidemic Fund - Support Measures for SMEs and Startups (Special Relief Measures)
The Government announced on February 14, 2020 the setting up of a HK$30 billion Anti-epidemic Fund in order to enhance the capability of the Government and other relevant parties in combating the COVID-19 epidemic, and to provide assistance or relief to enterprises and members of the public hard hit by the current epidemic or affected by anti-epidemic measures. For details of first round of Anti-epidemic Fund, please see here.
The second round of HK$137.5 billion of Anti-epidemic Fund measures are announced on April 8, 2020, to further support businesses and residents affected by the COVID-19 outbreak. For details, please click here.
First Round of Anti-epidemic Fund
merchant outlets at the Hong Kong Science Park, InnoCentre, industrial estates and Cyberport.
Support Cleansing and Security Staff Engaged by Government and Hong Kong Housing Authority Service Contractors in Anti-epidemic Efforts
Second Round of Anti-epidemic Fund
Job Retention, Job Creation and Job Advancement
Provision of One-Off Relief for Specific Sectors
Relief Grants for Freelance Workers Hired by Subvented Non-governmental Welfare Organisations to Provide Training and Coaching for Service Users
Relief Grants for Providers of Catering Services for Schools and Post-secondary Education Institutions and Providers of Interest Group and School Bus Services for Schools
Subsidy to Operators of Revitalising Historic Buildings Through Partnership Scheme, PMQ and Fly the Flyover Operation
Subsidy Schemes for Premises Affected by COVID-19
Easing Cash Flow and Burden of Businesses and Individuals
A 20 per cent Fare Concession of MTR and Temporary Relaxation of the Monthly Threshold of the Public Transport Fare Subsidy Scheme
Supporting Research & Development
Nurturing Tech Talent Pool
Government Co-Investment with Private VCs
Facilitating Technology Adoption/Patent Application Grant
Marketing Development/Business Upgrading
SME Loan Guarantee/Export Credit Insurance
Industry Focus Funding Schemes
Hong Kong Science & Technology Parks Corporation (HKSTP)
Hong Kong Science and Technology Parks Corporation (HKSTP) is a statutory body that has one simple goal – to transform Hong Kong into the regional hub for innovation and technology development. A hub that will diversify and grow the city’s economy, expand employment opportunities across a multitude of industries, raise Hong Kong’s status as a global powerhouse to a new level, foster talent and interest in STEM as well as offer them highly-sought-after tech careers, and most importantly, help create a sustainable world and brighter future for the younger generation.
Cyberport is an innovative digital community with about 1,400 technology companies. It is managed by Hong Kong Cyberport Management Company Limited, which is wholly owned by the Hong Kong SAR Government. With a vision to be the hub for digital technology thereby creating a new economic driver for Hong Kong, Cyberport is committed to nurturing a vibrant tech ecosystem by cultivating talent, promoting entrepreneurship among youth, supporting start-ups on their growth journey, fostering industry development by promoting strategic collaboration with local and international partners, and integrating new and traditional economies by accelerating digital adoption in the public and private sectors.
Government Support Bodies
The Hong Kong Government is committed to supporting startups and SMEs to help realise their vision and take their business to the next level. Find out more about support services provided by various government departments and statutory bodies.
Financial regulators in Hong Kong have set up three supervisory sandboxes to enable financial institutions to conduct pilot trials of innovative applications, enabling them to obtain real market data and information on user experience before the launch of any formal product, thereby reducing development time and costs.
Innovation Solutions For Public Services Needs
The Government has launched two major initiatives to encourage startups and SMEs to put forward innovation solutions in I&T and engineering areas to enhance the quality and efficiency of public services.