StartupmeHK

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)

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

Additional student study grant for 2019/20 school year

As part of the $19.1 billion relief measures announced by the Financial Secretary in August 2019, a one-off student grant of $2,500 will be provided in the 2019/20 school year for each secondary day-school, primary school and kindergarten student to alleviate parents’ financial burden in defraying education expenses.
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Arts and Culture Sector Subsidy Scheme

The arts and culture sector has suffered severely due to the closure of arts, cultural and exhibition facilities of the Leisure and Cultural Services Department, West Kowloon Cultural District and the Hong Kong Academy of Performing Arts, etc. All shows and exhibitions during the period have to be cancelled.
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Home Quarantine Support

The Office of the Government Chief Information Officer (OGCIO) and Innovation and Technology Commission (Logistics and Supply Chain MultiTech Research and Technology Centre (LSCM)) have been providing technology support for the Government’s home quarantine measures, particularly the 14-day compulsory home quarantine for people entering Hong Kong from the Mainland.
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Subsidy for the transport sector

In view of the severe impact of the COVID-19 pandemic, under the first round of the Anti-epidemic Fund approved by the Legislative Council Finance Committee on 21 February 2020, some $3.2 billion are earmarked to provide the fuel subsidy and one-off subsidy to the transport trades to help them cope with the operating pressure in the prevailing economic environment.
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Support Cleansing and Security Staff Engaged by Government and Hong Kong Housing Authority Service Contractors in Anti-epidemic Efforts

In view of the development of the novel coronavirus, government departments and Housing Authority (HouA) have respectively enhanced cleansing and disinfection measures in government premises, public areas and HouA premises to upkeep good environmental hygiene with the assistance of the cleansing workers and toilet attendants engaged under service contracts
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Support Local Mask Production

The HKSAR Government has decided to launch the “Local Mask Production Subsidy Scheme” (the Scheme) under the Anti-epidemic Fund, facilitating the start of local mask production as soon as possible to help address the imminent shortage as well as to build up some reserve stock.
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Support to Child Care Centres

A special grant to be given to CCCs, comprising $21 million per month to 258 aided CCCs (covering some 5 000 children) and $34 million per month to 299 non-aided CCCs (covering some 16 500 children), i.e., a total of $55 million per month or $220 million for the four-month period from February to May 2020.
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Support to Training Bodies

A special grant to Employees Retraining Board ’s appointed training bodies is recommended to alleviate their imminent financial burden of mainly overhead expenses on rental and staff costs during the current suspension period.
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Second Round of Anti-epidemic Fund
Job Retention, Job Creation and Job Advancement

COVID-19 Online Dispute Resolution (ODR) Scheme

In anticipation of an upsurge of disputes arising from or relating to COVID-19, the COVID-19 Online Dispute Resolution (ODR) Scheme aims to provide speedy and cost-effective means to resolve such disputes, especially for those involving micro, small and medium-sized enterprises (MSMEs) that may be adversely affected or hard hit by the pandemic. The Scheme will engage eBRAM to provide ODR services to the general public and businesses, in particular MSMEs, involved in low value disputes.
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Distance Business Programme

Remote working or service has become a new trend against the backdrop of the epidemic. Under the Anti-Epidemic Fund, the Innovation and Technology Commission (ITC) has launched the Distance Business (D-Biz) Programme to support enterprises to continue their business and services during the epidemic, the Programme provides funding support through fast-track processing for enterprises to adopt IT solutions for developing distance business. The Hong Kong Productivity Council is the Secretariat of the Programme.
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Employment Support Scheme (ESS)

Employment Support Scheme provides time-limited financial support to employers to retain their employees who will otherwise be made redundant. The ESS should be used for paying wages to maintain employment for their staff currently in the job.
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Job Creation

The public and private sectors will creat around 30 000 time-limited jobs in both the in the coming two years for people of different skill sets and academic qualifications. Each job placement will last up to 12 months.Extension beyond 12 months would be considered on an exceptional basis.
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Law Tech Fund

LawTech Fund (the Fund) under the Anti-epidemic Fund is to assist some small and medium-size law firms and barristers’ chambers in procuring and upgrading information technology systems and arranging for their staff to attend lawtech training courses.
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Matching Grant Scheme for Skills Upgrading

To secure skills upgrading opportunities for our workforce so that they can stay resilient amidst the prevailing economic headwinds and enhance their competitiveness, the Government proposes to collaborate with relevant statutory bodies, industry associations and related bodies by providing training funds on a matching basis to upgrade employees in various sectors, especially those hard-hit by the epidemic.
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Training Subsidies for Consultants in the Construction Sector

Under the second round measures of the Anti-epidemic Fund (AEF), a one-off subsidy of $7,500 will be offered to each eligible construction worker. ​At the same time, the Government will provide a one-off subsidy to about 30 000 construction-related enterprises, generally small-scaled, which cannot benefit from the first round of the AEF. ​The second round of the AEF will also provide training subsidies to the construction sector.
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Provision of One-Off Relief for Specific Sectors

One-off Grant to Registered Sports Coaches 

The subsidy is to provide one-off grants to registered coaches under National Sports Associations (NSAs) and Sports Organisations (SOs)Note with proven record of active coaching in the past one year and who have not applied for relief grants under other schemes in the first and second rounds of the Anti-epidemic Fund.
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Providing Relief to Creative Industries

The purpose of the “Cinemas Subsidy Scheme” (the Scheme) is to provide relief under the Anti-epidemic Fund (AEF) to cinema operators. The Scheme is established upon the approval for injection into the AEF by the Legislative Council Finance Committee on 18 April 2020.
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Relief Grant for Tutorial Schools

A total of about $120 million has been allocated from the Anti-epidemic Fund to provide a one-off relief grant of $40,000 to each private schools offering non-formal curriculum (PSNFCs) (commonly called “tutorial schools”) registered under the Education Ordinance being in operation in the three months immediately before class suspension.
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Relief Grants for Freelance Workers Hired by Subvented Non-governmental Welfare Organisations to Provide Training and Coaching for Service Users

To provide relief grants for freelance workers hired by subvented non-governmental organisations (NGOs) for providing training and coaching for service users of welfare service units such as youth centres, elderly centres, community centres, rehabilitation centres, etc. where the services have since February 2020 been suspended in the light of the epidemic situation.
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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

The Relief Grants provide relief grants to providers of catering services for schools and post-secondary education institutions, and providers of interest group and school bus services for schools as these services have been forced to cease since February 2020 with class suspension, generally followed by suspension of on campus teaching activities in post-secondary education institutions.
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Relief Measures for Construction Sector

The Government has rolled out the second round of the Anti-epidemic Fund (AEF) which includes, among others, enhancing support to the construction sector as well as offering subsidies to the non-profit-making organisations (NPOs) under several revitalisation schemes.
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Subsidies for Local Primary Producers

To provide immediate financial relief to local primary producers who have been affected by the COVID-19 pandemic, the Government will provide subsidies to local primary producers and provide an interest-free loan repayment deferral arrangement for loan borrowers under the Fisheries Development Loan Fund (FDLF) under the second round of the Anti-epidemic Fund.
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Subsidy for the Aviation Sector

Airport Authority Hong Kong (AA) announced today a new round of relief package worth up to HK$2 billion, providing further support to airlines and aviation support services operators through helping to ease their liquidity pressure.
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Subsidy for the Passenger Transport Sector

In view of the severe impact of the COVID-19 pandemic, under the first round of the Anti-epidemic Fund approved by the Legislative Council Finance Committee on 21 February 2020, some $3.2 billion are earmarked to provide the fuel subsidy and one-off subsidy to the transport trades to help them cope with the operating pressure in the prevailing economic environment.
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Subsidy for the Refuse Transfer Station Account Holders for Transporting Municipal Solid Waste

To help the municipal solid waste (MSW) transfer sector cope with the current economic situation and the operational difficulties arising from the COVID-19 epidemic, the Government initiated the Subsidy Scheme for the Refuse Transfer Station Account Holders for Transporting MSW under the newly-announced anti-epidemic measures to allocate financial support of about $7 million for the trade.
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Tourism Industry Support Schemes

Following the approval of the second round of the Anti-epidemic Fund by the Finance Committee of the Legislative Council today (April 18), the Travel Agents and Practitioners Support Scheme and the Hotel Sector Support Scheme are now open for applications. The deadlines for applications are June 15, 2020, and May 18, 2020 respectively.
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Subsidy Schemes for Premises Affected by COVID-19

Amusement Game Centres Subsidy Scheme

The Amusement Game Centres Subsidy Scheme provides a one-off subsidy of $100,000 to each of the eligible operators of AGCs licensed under the Amusement Game Centres Ordinance, eligible operators of e-sports venues that have been duly exempted (or have applied for but not yet obtained exemption) from the same Ordinance, and eligible operators of Internet computer services centres registered with the Office of the Licensing Authority (OLA) of the Home Affairs Department.
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Club-house Subsidy Scheme

The Club-house Subsidy Scheme provides a one-off subsidy of $100,000 to eligible club-houses operating with a valid Certificate of Compliance (CoC) issued under the Clubs (Safety of Premises) Ordinance (Cap. 376).
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Commercial Bathhouses Subsidy Scheme

The Food and Environmental Hygiene Department (FEHD) is operating the Commercial Bathhouse Subsidy Scheme under the Anti-epidemic Fund. The Scheme is now open to applications from eligible Commercial Bathhouse Licence holders for a grant of one-off subsidy.
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Fitness Centre Subsidy Scheme

Under the second round of Anti-epidemic Fund, the Government launches the Fitness Centre Subsidy Scheme to provide a one-off subsidy to the fitness centres with a view to easing their cash flow pressure and alleviating their financial burden arising from their closure pursuant to the Prevention and Control of Disease (Requirements and Directions) (Business and Premises) Regulation.
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Mahjong/Tin Kau Licence Holder Subsidy Scheme

The Mahjong/Tin Kau (MJ/TK) Licence Holder Subsidy Scheme under the Anti-epidemic Fund aims to provide immediate financial relief to licence holders or persons-in-charge of the premises concerned whose businesses have been hard-hit by the COVID-19 pandemic and have been ordered to close under the Prevention and Control of Disease (Requirements and Directions) (Business and Premises) Regulation.
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Easing Cash Flow and Burden of Businesses and Individuals

Loan Guarantee

Special 100% Loan Guarantee under the SME Financing Guarantee Scheme

The Special 100% Loan Guarantee is applicable to all sectors.  The loans will be fully guaranteed by the Government.  Eligible enterprises should have been operating for at least three months as at end-December 2019, and have suffered at least a 30% decline in sales turnover in any month since February 2020 compared with the monthly average of any quarter in 2019. 
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Supporting Research & Development

Nurturing Tech Talent Pool

Postdoctoral Hub

Under the Post Doctoral Hub Programme, the following two categories of companies are eligible to apply for funding to recruit postdoctoral talent to assist in the R&D projects. The maximum monthly allowance is HK$32,000 for each postdoctoral talent, up to 2 postdoctoral talents within a maximum engagement period of 36 months.
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Reindustrialisation and Technology Training Programme (RTTP)

The RTTP subsidises local companies on a 2:1 matching basis to train their staff in advanced technologies, especially those related to “Industry 4.0”. The Vocational Training Council (VTC) administers the RTTP and serves as its Secretariat. It replaced the New Technology Training Scheme (NTTS) which ceased receiving applications upon the launch of the RTTP.
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Researcher Programme

Under Researcher Programme, the following two categories of companies are eligible to apply for funding to recruit graduates from local universities as researchers to assist in the R&D projects.
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Talent List Hong Kong

The Talent List of Hong Kong has been drawn up with a view to attracting high quality talents in an effective and focused manner to support Hong Kong’s development into a high value-added and diversified economy. Currently the List comprises 11 professions.
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Technology Talent Admission Scheme (TechTAS)

TechTAS provides a fast-track arrangement for eligible companies to admit overseas and Mainland technology talent to undertake research and development (“R&D”) work for them. Companies that are engaged in R&D in the areas of artificial intelligence, biotechnology, cybersecurity, data analytics, financial technologies, material science, robotics, 5G communications, digital entertainment, green technology, integrated circuit design, Internet-of-Things or microelectronics are eligible to make applications.
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Youth Development Fund

The Youth Development Fund aims at supporting youth entrepreneurship and youth development activities through collaboration with non-governmental organisations (NGOs), including working with NGOs in the form of a matching fund to help young people start their own business.
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Government Co-Investment with Private VCs

The Innovation and Technology Venture Fund (ITVF)

The Innovation and Technology Venture Fund (ITVF) aims to stimulate private investment in local innovation and technology (I&T) start-ups. To facilitate monitoring and administration of the ITVF, a company named “The Innovation and Technology Venture Fund Corporation” (ITVFC) has been set up to serve as a special-purpose vehicle for co-investing with venture capital (VC) funds selected as Co-investment Partners (CP) in local I&T start-ups at a matching investment ratio of approximately 1 to 2.
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Facilitating Technology Adoption/Patent Application Grant

Patent Application Grant

The Patent Application Grant is a funding scheme to assist local companies and individuals to apply for patents of their own inventions. All applications for functional patents and inventions with technology elements and susceptible of industrial application are eligible.
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Technology Voucher Programme (TVP)

TVP is a regular funding programme under the Innovation and Technology Fund to subsidise local small and medium enterprises (SMEs) in using technological services and solutions to improve productivity or upgrade or transform their business processes.
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Marketing Development/Business Upgrading

Trade and Industrial Organisation Support Fund (TSF)

Trade and Industrial Organisation Support Fund (TSF) The Trade and Industrial Organisation Support Fund (TSF) provides financial support to non-profit-distributing organisations to implement projects which aim at enhancing the competitiveness of non-listed Hong Kong enterprises in general or in specific sectors. All
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SME Export Marketing Fund

The SME Export Marketing Fund (EMF) aims to encourage small and medium enterprises (SMEs) to expand their markets outside Hong Kong by providing financial assistance to SMEs for participation in export promotion activities.
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SME Loan Guarantee/Export Credit Insurance

SME Financing Guarantee Scheme

The Scheme aims at helping local small and medium-sized enterprises (“SMEs”) and non-listed enterprises to obtain financing from participating lenders for meeting their business needs so as to enhance their productivity and competitiveness in the rapidly changing business environment. Under the Scheme, the HKMCI may provide guarantee coverage of 50%, 60% or 70% to the credit facilities of eligible enterprises approved by participating lenders.
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SME Loan Guarantee Scheme (SGS)

The SGS is a loan guarantee scheme whereby the Government acts as the guarantor of individual SMEs to help them secure loans from the PLIs for (a) acquiring business installations and equipment and (b) meeting working capital needs of general business uses.
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Industry Focus Funding Schemes

Recycling Fund

The Enterprise Support Programme (ESP) under the Recylcling Fund provides matching funds for the projects to enhance the recycling value added chain covering source separation, collection, transportation, processing, product improvement, commercialization, marketing and sales of recycled products made from recyclables. Funding may also be provided for the training of staff to run the enhanced operation.
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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.

Elevator Pitch Competition (EPiC)

Elevator Pitch Competition (EPiC), organised by Hong Kong Science and Technology Parks Corporation (HKSTP), is an exciting tech startup challenge drawing hundreds of brilliant minds from the globe to unleash their brain powers.
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HKSTP Ventures

HKSTP Ventures (officially known as the Corporate Venture Fund) is an HKSTP-created fund that gives early-stage Hong Kong technology startups a chance to fully develop their ideas and create revolutionary new tech products and services.
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TechnoPreneur Partnership Programme

HKSTP’s TechnoPreneur Partnership Programme (TPP) has a simple goal: to nurture Hong Kong’s technology startup community, and to promote and encourage entrepreneurship. The programme provides a wide range of starup supports services including investment support service, the soft landing centre, lab facilities, coaching, training, promotion, community outreach, business development support and incubation programmes.
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Cyberport

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.

Cyberport Esports

Esports in Hong Kong is an emerging new sector with rapid development in recent years, with high economic potential. Cyberport has been endeavouring to establish a digital ecosystem for Hong Kong by inspiring the youth, nurturing start-ups, and empowering entrepreneurs for global connection, and is prepared to join hands with the industry players to foster the development of the esports sector.
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Cyberport Macro Fund (CMF)

We take pride in the vibrant creative digital cluster at Cyberport where we transform human potential into performance through championing innovative ideas, investing in the best minds, and embracing bright ideas in the digital world that shape the way we live and think.
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Cyberport Tech Career Placement and Internship Programme (TCPIP)

Cyberport believes in the potential of Hong Kong’s burgeoning tech talents and supports entrepreneurs and dreamers alike. Therefore, the Cyberport Tech Career Placement Internship Programme is designed to provide opportunities for students who are enthusiastic about innovation and technology. The interns will engage in a field experience with an opportunity to learn with an entrepreneurial spirit.
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Cyberport University Partnership Programme (CUPP)

The Cyberport University Partnership Programme (CUPP) is a life-changing experience to unleash participants’ full potential and gain insights into the global market! This financial technology (FinTech)-focused entrepreneurship programme offers students who are nominated by CUPP university partners of Cyberport a unique chance to participate in an Entrepreneurship Boot Camp overseas and receive mentorship from industry elites.
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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.

CreateHK

The CreateHK is a dedicated agency set up under the Commerce and Economic Development Bureau on 1 June 2009 to lead, champion and drive the development of the creative economy in Hong Kong.
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Cyberport

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.
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Hong Kong Design Centre

As the Hong Kong government’s advisor on design, Hong Kong Design Centre (HKDC) sets its mission to champion design’s many possibilities, to constantly remind our community what great, intelligent designs can achieve and to lead the way for our next generation of designers.
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Hong Kong Productivity Council (HKPC)

Hong Kong Productivity Council (HKPC) is a multi-disciplinary organisation established by statute in 1967, to promote productivity excellence through integrated advanced technologies and innovative service offerings to support Hong Kong enterprises.
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Hong Kong R&D Centres

The Hong Kong R&D Centre Programme is the core initiative driven by the Innovation and Technology Commission of HKSAR Government with the aim to harness Hong Kong’s advantages in applied research, intellectual property protection, business-friendly environment and proximity to the manufacturing based in the Pearl River Delta (PRD) region, to thrive as a regional technology service hub.
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Fintech

InvestHK FintechHK

InvestHK is the Hong Kong Special Administrative Region (HKSAR) Government Department responsible for Foreign Direct Investment. It has set up a dedicated FinTech team in Hong Kong with correspondents located in London and San Francisco.
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Fintech Sandboxes

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.

Fintech Supervisory Sandbox (FSS)

The Fintech Supervisory Sandbox (FSS), launched by the HKMA in September 2016, allows banks and their partnering technology firms (tech firms) to conduct pilot trials of their fintech initiatives involving a limited number of participating customers without the need to achieve full compliance with the HKMA’s supervisory requirements.
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SFC Regulatory Sandbox

The SFC Regulatory Sandbox (Sandbox) is established to provide a confined regulatory environment for qualified firms1 to operate regulated activities under the SFO before Fintech is used on a fuller scale.
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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.

EMSD E&M InnoPortal

EMSD launches E&M InnoPortal which is a platform for I&T collaboration and maintains a list of the technology development needs of various government departments, public bodies and the E&M trade.
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Smart Government Innovation LAB

The Smart LAB provides a platform to connect government departments with the information technology (IT) sector, particularly local start-ups and small and medium enterprises (SMEs), to help departments leverage on the innovation and technical solutions from the industry to formulate innovative measures for enhancing the quality and efficiency of public services.
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