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.
Resource Category: Government Funding Scheme & Support (page 8)
New Industrialisation and Technology Training Programme (NITTP)
RTTP aims to subsidise local enterprises on a 2 (Government) : 1 (Enterprise) matching basis to train their staff in advanced technologies, especially those related to “Industry 4.0”.
Enhanced Tax Deduction for R&D Expenditures
The Enhanced Tax Deduction provides for expenditure incurred by enterprises on qualifying research and development (R&D) activities in order to encourage more enterprises to conduct R&D activities in Hong Kong.
Technology Start-up Support Scheme for Universities (TSSSU)
TSSSU provides funding to six universities to support their teams in starting technology businesses and commercialising their research and development (R&D) results.
Research and Development Cash Rebate Scheme (CRS)
CRS aims to encourage more research and development (R&D) investment in the private sector and encourage companies to establish stronger partnership with local public research institutes.
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.
Insurance Authority Insurtech Sandbox (“Sandbox”)
The IA launched an Insurtech Sandbox on 29 September 2017 to facilitate a pilot run of innovative Insurtech applications by authorized insurers to be applied in their business operations.
General Support Programme (GSP)
GSP aims to support non-research and development (R&D) projects that contribute to the upgrading and development of our industries as well as the fostering of an innovation and technology culture in Hong Kong.
Cyberport Creative Micro Fund (CCMF)
Cyberport Creative Micro Fund encourages innovation and creativity in Hong Kong.
The 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.