New Industrialisation Funding Scheme (NIFS)
Matching support for setting up a new smart production line in Hong Kong.
Official facts
Quick Facts
- Provider
- Innovation and Technology Commission
- Programme type
- Subsidy / rebate
- Target stage
- Early growth / Series A / Scale-up
- Maximum support
- Up to one-third of approved project cost or HK$15 million per project, whichever is lower
- Duration
- Normally up to 24 months
- Matching required
- 1 government : 2 company
- Equity required
- No
- Hong Kong company required
- Yes
- Company age limit
- Not publicly specified
- Team requirement
- Not publicly specified
- Application status
- Active
- Application model
- Rolling
Editorial analysis
Who is it for?
This fit analysis is based on published eligibility and programme positioning. It is not an admission guarantee.
Who is probably not a good fit?
Teams outside the published applicant, sector, stage or company conditions should not apply solely because of the headline support. Check the current guide and weigh administration, cash-flow and reporting costs.
Financial and operating support
- Maximum support
- Up to one-third of approved project cost or HK$15 million per project, whichever is lower
- Payment model
- Reimbursement-based
- Stackability
- Designed for production-line capital expenditure, not ordinary software development or early MVP work.
- Double funding and cash flow
- Only approved production-line costs are eligible and cannot be claimed under another public scheme.
Eligibility
Published requirements
- Hong Kong manufacturer setting up a smart production line in Hong Kong
Before investing in an application, verify applicant entity, company age, team, IP, budget, matching cash and eligible costs. Ask the programme directly about anything not published.
Editorial analysis
Application process
Unless an official guide says otherwise, this is an application-preparation framework, not an official assessment sequence or timing promise.
- 1
Read the latest programme page and guide
- 2
Confirm applicant, stage and sector eligibility
- 3
Prepare project, team, budget and supporting evidence
- 4
Apply through the official channel and answer assessment requests
- 5
After admission, follow the agreement for milestones, reporting and claims
Sources
Official Resource Library
We provide official links, versions and structured explanations only. Original documents are not rehosted.
This page provides a plain-language interpretation of official materials. The official source remains authoritative.
New Industrialisation Funding Scheme official programme source
The provider's official programme page for checking current purpose, eligibility, support and application access.
- Original language
- English
- Version
- Guide to Application, Dec 2025
- Published
- Not publicly specified
- Last verified
- 2026-08-25
New Industrialisation Funding Scheme Guide to Application
Supplementary official material. Check the source document, version and latest programme notice before applying.
- Original language
- English
- Version
- December 2025 listing; January 2026 file
- Published
- 2026-01-01
- Last verified
- 2026-08-25