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Innovation and Technology Support Programme (ITSP)

ITSP aims to support applied research and development (R&D) projects undertaken by R&D Centres or designated local public research institutes  with a view to transferring the R&D results to local industries.

Key Features

  • Support platform R&D projects and seed projects.
     
  • Platform projects: industry-oriented applied R&D projects with potential for commercialisation.
    - Maximum Project Duration: 24 months.
    - Industry Sponsorship: at least 10% of the total project cost.
     
  • Seed projects: exploratory and forward-looking in nature.
    - Maximum Funding Support: HK$2.8 million undertaken by R&D Centres; HK$1.4 million undertaken by other applicants.
    - Maximum Project Duration: 18 months.
    - Industry Sponsorship: NOT mandatory.
     
  • Intellectual Property (IP) Rights Ownership: lead applicant.

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