Change Language

Innovation and Technology Venture Fund (ITVF)

The Government has set up a HK$2 billion Innovation and Technology Venture Fund (ITVF) in 2017 with a view to attracting more venture capital (VC) funds to co-invest in local innovation and technology (I&T) start-ups in Hong Kong.

Key Features:
- Co-investment scheme targeted at eligible local I&T start-ups.
- Matching investment ratio of approximately 1 (ITVF) : 2 (Co-investment Partner (CP)).
- The Innovation and Technology Venture Fund Corporation's (ITVFC) matching investment ceiling:
1) Aggregate amount of matching investments with a CP not more than HK$400 million;
2) Aggregate amount of investments in an investee company not more than HK$50 million; and
3) For each co-investment in an investee company, the matching investment shall constitute not more than (i) 40% of the original total target investment amount sought by the investee company, or (ii) HK$30 million, whichever is the lower.


Contact Us
Leave your details and we'll be in touch.

The personal information you have provided will help us deliver, develop and promote our services. By submitting your details, ticking the boxes and clicking "Submit" indicate that you have read and agreed to our privacy policy and cookie policy. Please read these to understand your data rights.

Contact General Enquiries
24/F, Fairmont House, 8 Cotton Tree Drive, Central, Hong Kong
Update on COVID-19: Please refer to HKSARG's website on the Fight Against the Coronavirus for the latest situation, health measures, travel advisories, a wide range of support measures available to businesses and a list of FAQs.

Share to

QR