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Re-industrialisation Funding Scheme (RFS)

Innovation and Technology Commission (ITC)

Last updated: 4 March 2026

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Description

Launched in July 2020, RFS aims to subsidise manufacturers to set up new smart production lines in Hong Kong.

Key details

Max amount per application: HK$15,000,000
Grant type: Cash grant on matching basis
Application submission type: Open Year-Round
Max programme duration: 24 months

Eligibility

Areas of focus

Community ServiceInnovationSustainable Development

Grant conditions & requirements

Companies incorporated in Hong Kong under the Companies Ordinance (Cap. 622) are eligible to apply. Key Features: 1. Entire or a significant portion of the production line under application should fulfil the "smart manufacturing" criteria. 2. Funding will be provided on a 1 (government) : 2 (company) matching basis. 3. Maximum funding support: one-third of the total approved project cost or $15 million per project, whichever is lower. 4. Funding scope: expenses directly related to the establishment of the new production line in Hong Kong. 5. Project duration: normally within 24 months.

Funder

Type of funder: Government

Contact

rfs-enquiry@itc.gov.hk 3655 5678

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