Launched in July 2020, the RTH-TC aims to provide funding support for technology companies conducting or planning to conduct research and development (R&D) activities in Hong Kong to engage research talents to conduct R&D work. The RTH-TC merged the previous Researcher Programme and Postdoctoral Hub for technology companies conducting R&D activities in Hong Kong.
Key details
Max amount per application
HK$32,000
Max amount cumulative
HK$1,152,000
Grant type
"In-kind subsidy (equipment, training, etc.)",Cash grant with initial payment
Application submission type
Open Year-Round
Max programme duration
36 months
Eligibility
Categories
Public and Societal Benefit
Target beneficiaries
Other
Other beneficiary
technology companies conducting or planning to conduct research and development (R&D) activities
Areas of focus
InnovationResearch & DevelopmentScience & Technology AdvancementBusiness Development
Grant conditions & requirements
Applicant Company
- conducting or planning to conduct R&D activities in Hong Kong;
- has substantive business operations in Hong Kong at the time of application;
- registered in Hong Kong under the Business Registration Ordinance (Cap.310) or incorporated in Hong Kong under the Companies Ordinance (Cap.622); and
- not a government subvented organisation or a subsidiary of any government subvented organisation18.
Research Talent
- must be legally permitted to work in Hong Kong during the RTH-TC engagement period;
- must possess a bachelor／master／doctoral degree awarded by either a local university or a well-recognised non-local institution6, or jointly awarded by a local university together with a non-local university. The degree obtained should be in a science, technology, engineering and mathematics ("STEM") related discipline.
R&D Activities
For the purpose of the RTH-TC, an R&D activity means
a. an activity in the fields of natural or applied science to extend knowledge;
b. an original and planned investigation carried on with the prospect of gaining new scientific or technical knowledge and understanding; or
c. the application of research findings or other knowledge to a plan or design for producing or introducing new or substantially improved materials, devices, products, processes, systems or services before they are commercially produced or used.
In general, an R&D activity takes place when a project seeks to achieve an advance in science or technology. Any activity which does not directly contribute to achieving this advance in science or technology through the resolution of scientific or technological uncertainty is not an R&D activity.
