Editorial strategy

Combine Hong Kong startup support without collecting subsidies

Build an executable route by company type and stage, showing what can follow what and which costs must never be claimed twice.

50verified programmes
2026-08-25Last verified
Primary sourcesGovernment, official bodies, universities and programme sites

Official facts

Amounts, durations and eligibility come from the cited primary source and carry a verification date. Intake status and terms can still change, so recheck the current guide before applying.

Editorial analysis

Suggested combinations are this site's analysis, not a government promise. Select by stage, cash flow, milestones and administrative cost.

Four constraints

Every stack should pass four tests.

  • Programme fit: the business genuinely serves the policy objective.
  • Cash flow: the company can carry matching and pre-reimbursement costs.
  • Compliance: milestones, procurement, reporting and audits are manageable.
  • Capital: equity, debt and founder control remain acceptable.

Stackable does not mean double claimable

Good stacks use different instruments for different costs.

  • Incubator plus cloud credits plus non-overlapping talent remuneration.
  • University IP plus TSSSU, then HKSTP and independent VC.
  • ESS R&D, followed by PSTS trial and later market expansion.
  • BUD market work plus approved debt, without charging one invoice to two public sources.

When not to apply

Declining a poor-fit programme is a strategy.

  • Preparation, audit and opportunity cost exceed the award.
  • The application forces premature hiring or product drift.
  • Matching cash would compress runway dangerously.
  • Investment terms damage the next financing round.

Official facts

Programme matrix

Compare instrument, stage, published support, equity and matching. N/A means no universal rule was published, not that there is no restriction.

High-risk amount and eligibility fields retain their verified canonical English wording so translation does not alter the rule; names, summaries and fit guidance are localized.

46 / 46
ProgrammeType / StagePublished supportEquity / MatchingBest forOfficial source
AWS ActivateAmazon Web Services

AWS service credits based on stage and ecosystem affiliation; they are not cash for payroll or other vendors.

Eligibility, payment and double-funding details
Duration
Credit validity depends on the awarded package
Company age / eligibility
Founded within the last 10 years
Staff requirement
N/A
Founder requirement
N/A
Payment basis
Not reimbursement based
Stackability note
Provider-backed tiers may be accessible through an eligible VC or accelerator; credits reduce AWS bills rather than fund payroll.
Double funding / cash-flow restriction
One-time and prior-credit limits apply; covered services and overage billing remain subject to AWS terms.
Service creditIdea / Pre-MVP / MVP / Pre-seed / Seed / Early growthActiveActivate Founders up to US$5,000; Activate Portfolio up to US$200,000 with an eligible provider Org IDEquity: NoMatching: NoTechnology startups building on AWS and reducing infrastructure burn.Official sourceLast verified: 2026-08-25
BUD FundTrade and Industry Department / HKPC

Matching support for branding, business upgrading and market development by Hong Kong enterprises.

Eligibility, payment and double-funding details
Duration
N/A
Company age / eligibility
N/A
Staff requirement
Substantive business operations in Hong Kong must be demonstrated
Founder requirement
N/A
Payment basis
Reimbursement based
Stackability note
Can support branding, upgrading and market development in covered economies; it is not limited to technology companies.
Double funding / cash-flow restriction
Approved costs require enterprise contribution and evidence. An optional initial payment is limited and the balance remains tied to approved expenditure.
Market expansionSeed / Early growth / Series A / Scale-upActiveUp to HK$7 million cumulative government funding per enterpriseEquity: NoMatching: 1 government : 3 enterprise from 15 June 2026E-commerce, consumer, professional-service and technology companies with a defined market project and matching cash.Official sourceLast verified: 2026-08-25
HK Tech 300 Angel FundCity University of Hong Kong

Equity investment in eligible HK Tech 300 companies, with workspace and ecosystem support where applicable.

Eligibility, payment and double-funding details
Duration
N/A
Company age / eligibility
N/A
Staff requirement
N/A
Founder requirement
HK Tech 300 eligibility and diligence apply
Payment basis
Not reimbursement based
Stackability note
May follow the Seed Fund; CityU or its nominee receives shares under the published guidelines.
Double funding / cash-flow restriction
Founders must treat this as investment dilution, not grant income.
InvestmentPre-seed / SeedActiveUp to HK$1 million investmentEquity: YesMatching: N/ACityU startups that have validated the concept and are ready for initial institutional equity.Official sourceLast verified: 2026-08-25
HK Tech 300 Seed FundCity University of Hong Kong

Early seed support for CityU-connected teams validating technology and a business model.

Eligibility, payment and double-funding details
Duration
Generally 6 to 12 months
Company age / eligibility
N/A
Staff requirement
N/A
Founder requirement
CityU relationship or CityU intellectual property eligibility applies
Payment basis
N/A
Stackability note
Designed as a validation step before later angel investment or incubation.
Double funding / cash-flow restriction
Use of funds and milestones follow the current cohort agreement.
GrantIdea / Pre-MVP / MVP / Pre-seedActiveUp to HK$100,000Equity: NoMatching: NoCityU-linked or CityU-IP teams at the prototype stage.Official sourceLast verified: 2026-08-25
Cloudflare for StartupsCloudflare

Tiered Cloudflare product credits with product caps, exclusions and automatic overage billing rules.

Eligibility, payment and double-funding details
Duration
Up to 1 year or until credits are consumed
Company age / eligibility
Founded within the last 10 years; other funding and recency limits vary by tier
Staff requirement
N/A
Founder requirement
N/A
Payment basis
Not reimbursement based
Stackability note
Self-funded startups can apply for the entry tier; higher tiers require an affiliated partner and funding thresholds.
Double funding / cash-flow restriction
Product-specific caps and exclusions apply, a payment method is required, and overages may be billed automatically.
Service creditMVP / Pre-seed / Seed / Early growthActiveUS$10,000, US$100,000 or up to US$350,000 credits depending on tierEquity: NoMatching: NoProduct technology companies using edge compute, security, storage or AI infrastructure.Official sourceLast verified: 2026-08-25
CreateSmart InitiativeCultural and Creative Industries Development Agency

Supports projects benefiting a creative-industry sector, not ordinary operating costs for a single YouTube channel.

Eligibility, payment and double-funding details
Duration
N/A
Company age / eligibility
N/A
Staff requirement
N/A
Founder requirement
N/A
Payment basis
Reimbursement based
Stackability note
Projects must benefit a creative-industry sector rather than only one private company; an ordinary content channel is usually not enough.
Double funding / cash-flow restriction
Project elements already funded by other government sources are not eligible; approved funding is generally for non-recurrent expenditure.
GrantSeed / Early growthActiveN/AEquity: NoMatching: N/ACreative-industry organisations or companies able to demonstrate sector-wide benefit.Official sourceLast verified: 2026-08-25
CUHK Pi Centre PILOTS Lite x HKSTP Co-IdeationThe Chinese University of Hong Kong Pi Centre / HKSTP

Seed support, training and workspace for a CUHK student-led team that has not yet incorporated.

Eligibility, payment and double-funding details
Duration
1 year
Company age / eligibility
Applicant team must not already have a company or business registration at application
Staff requirement
N/A
Founder requirement
Person-in-charge must be a current CUHK student under the published programme
Payment basis
Not reimbursement based
Stackability note
This is a co-ideation route for a pre-company team and may lead into later incubation after incorporation.
Double funding / cash-flow restriction
The cohort's own funding and incorporation rules control.
IncubatorIdea / Pre-MVP / MVPActiveUp to HK$130,000 seed funding under the published 2026 programmeEquity: NoMatching: NoCUHK student teams validating a technology venture before company formation.Official sourceLast verified: 2026-08-25
Cyberport Accelerator Support Programme (CASP)Hong Kong Cyberport Management Company Limited

Partial reimbursement for eligible Cyberport companies admitted to an endorsed accelerator.

Eligibility, payment and double-funding details
Duration
N/A
Company age / eligibility
N/A
Staff requirement
N/A
Founder requirement
N/A
Payment basis
Reimbursement based
Stackability note
This support is tied to admission to a Cyberport-endorsed accelerator and eligible expense categories.
Double funding / cash-flow restriction
Only eligible, documented accelerator costs may be reimbursed; the same cost cannot be claimed elsewhere.
AcceleratorSeed / Early growth / Series A / Scale-upActiveUp to HK$300,000Equity: NoMatching: Published subsidy rates vary by expense category, commonly 75% and 50%Cyberport companies entering an external accelerator and incurring eligible programme or market costs.Official sourceLast verified: 2026-08-25
Cyberport Creative Micro Fund (CCMF)Hong Kong Cyberport Management Company Limited

A six-month digital-tech proof-of-concept grant paid at commencement, interim and completion stages.

Eligibility, payment and double-funding details
Duration
6 months
Company age / eligibility
N/A
Staff requirement
N/A
Founder requirement
An individual main applicant must hold a Hong Kong identity card and be at least 18; admitted company projects must use a Hong Kong company
Payment basis
Not reimbursement based
Stackability note
The programme guide excludes the same or substantially similar project from specified parallel seed/incubation programmes.
Double funding / cash-flow restriction
The current guide specifically restricts duplicate support for the same or substantially similar project.
GrantIdea / Pre-MVP / MVPActiveUp to HK$100,000Equity: NoMatching: NoIndividuals or small teams turning a digital idea into a prototype.Official sourceLast verified: 2026-08-25
Cyberport Incubation Programme (CIP)Hong Kong Cyberport Management Company Limited

A two-year digital-tech incubation programme. Cyberport currently warns that the programme is being enhanced and terms may change.

Eligibility, payment and double-funding details
Duration
24 months
Company age / eligibility
Less than 7 years old, or incorporate after admission
Staff requirement
Maintain substantive Hong Kong presence through a founder/co-founder or full-time staff
Founder requirement
Founders collectively hold at least 51% or retain absolute control under the published guide
Payment basis
Reimbursement based
Stackability note
Related Cyberport market, accelerator and talent support may follow separate eligibility rules.
Double funding / cash-flow restriction
Eligible expenditure requires evidence and must not be claimed from another public source; confirm the enhanced programme terms before applying.
IncubatorMVP / Pre-seed / SeedNeeds reviewUp to HK$500,000 financial assistance plus up to HK$200,000 on-site rental subsidy under the currently published termsEquity: NoMatching: NoHong Kong startups targeting a market-ready digital product within 12–18 months.Official sourceLast verified: 2026-08-25
Cyberport Macro FundHong Kong Cyberport Management Company Limited

Co-investment equity capital for scalable Hong Kong digital-tech companies in the Cyberport community.

Eligibility, payment and double-funding details
Duration
N/A
Company age / eligibility
N/A
Staff requirement
N/A
Founder requirement
N/A
Payment basis
Not reimbursement based
Stackability note
Co-investment is evaluated as venture capital and must be coordinated with the company's financing round.
Double funding / cash-flow restriction
This is equity investment, not a public expense reimbursement.
InvestmentSeed / Early growth / Series A / Scale-upActiveHK$1 million to HK$20 million per investmentEquity: YesMatching: N/ADigital-tech companies raising seed through Series A or later rounds.Official sourceLast verified: 2026-08-25
Overseas/Mainland Market Development Support SchemeHong Kong Cyberport Management Company Limited

Reimbursement support for eligible Cyberport companies expanding beyond Hong Kong.

Eligibility, payment and double-funding details
Duration
24-month support period
Company age / eligibility
Cyberport programme alumnus generally within 5 years; other programme-specific conditions apply
Staff requirement
Substantive Hong Kong technology operations
Founder requirement
N/A
Payment basis
Reimbursement based
Stackability note
Can complement incubation, but only approved market-development activities are reimbursable.
Double funding / cash-flow restriction
Expenses must not be funded by another public source and are subject to supporting evidence.
Market expansionSeed / Early growth / Series A / Scale-upActiveUp to HK$200,000Equity: NoMatching: N/ACyberport companies with a product ready for Mainland or overseas markets.Official sourceLast verified: 2026-08-25
GitHub for StartupsGitHub

Partner-referred GitHub platform credits for externally funded early-stage companies.

Eligibility, payment and double-funding details
Duration
Up to 12 months
Company age / eligibility
Outside funding up to Series B; new to GitHub Enterprise and no prior GitHub startup credits
Staff requirement
N/A
Founder requirement
N/A
Payment basis
Not reimbursement based
Stackability note
Requires referral through an approved investor, accelerator or incubator partner.
Double funding / cash-flow restriction
One-time benefit, valid payment method and automatic paid billing after expiry or credit exhaustion apply.
Service creditPre-seed / Seed / Early growthActiveUS$10,000 in flexible GitHub platform creditsEquity: NoMatching: NoEngineering teams needing Enterprise, Copilot, Actions and security tooling.Official sourceLast verified: 2026-08-25
Google for Startups Cloud ProgramGoogle Cloud

Tiered Google Cloud credits based on MVP, funding and AI profile; qualifying institutional capital matters for Scale.

Eligibility, payment and double-funding details
Duration
Credits are staged over 1 or 2 years depending on tier
Company age / eligibility
Start tier generally under 24 months; Scale tier generally founded within 5 years
Staff requirement
N/A
Founder requirement
N/A
Payment basis
Not reimbursement based
Stackability note
Scale eligibility relies on qualifying institutional funding; government grants alone do not qualify as Scale investment.
Double funding / cash-flow restriction
Personal blogs, consultancies and agencies are excluded. Credits cover eligible Google Cloud services, not general expenses.
Service creditMVP / Pre-seed / Seed / Early growthActiveStart tier up to US$2,000; Scale tier up to US$200,000, or up to US$350,000 for eligible AI startupsEquity: NoMatching: NoDigital-native startups with a product roadmap using Google Cloud or Gemini.Official sourceLast verified: 2026-08-25
Green Tech FundEnvironment and Ecology Bureau

Matching support for decarbonisation and environmental R&D, with company funding exhausted before the first government disbursement.

Eligibility, payment and double-funding details
Duration
Up to 3 years for company applicants
Company age / eligibility
N/A
Staff requirement
N/A
Founder requirement
N/A
Payment basis
Reimbursement based
Stackability note
Suitable for substantial environmental R&D, not general ESG consulting or ordinary green marketing.
Double funding / cash-flow restriction
Milestone reporting, audits and cost separation apply; the 2026 round closed on 13 February 2026.
GrantSeed / Early growthTemporarily pausedHK$2.5 million to HK$20 million for a company projectEquity: NoMatching: Company contributes at least one-third of total project costGreen-tech projects with measurable environmental benefit, R&D, trials and commercial potential.Official sourceLast verified: 2026-08-25
HKBU Start-up SaturdayHong Kong Baptist University

Training, incubation and small reimbursable seed support for an HKBU student-led team.

Eligibility, payment and double-funding details
Duration
N/A
Company age / eligibility
N/A
Staff requirement
Team of at least 2 people under published rules
Founder requirement
At least one HKBU student acts as person-in-charge
Payment basis
Reimbursement based
Stackability note
A small validation award that can precede larger university or incubation programmes.
Double funding / cash-flow restriction
Only approved documented expenses are reimbursed.
GrantIdea / Pre-MVP / MVPActiveUp to HK$30,000 reimbursement seed fundingEquity: NoMatching: NoHKBU student teams testing a business concept at low cost.Official sourceLast verified: 2026-08-25
HKPC SME One / ReachOutHong Kong Productivity Council

A central advisory point for public funding, digital transformation and SME support; it is not an award itself.

Eligibility, payment and double-funding details
Duration
N/A
Company age / eligibility
N/A
Staff requirement
N/A
Founder requirement
N/A
Payment basis
Not reimbursement based
Stackability note
Advisory support can be used before a company chooses a grant, loan or technology service.
Double funding / cash-flow restriction
SME One is an information and consultation service; it is not itself a funding award.
Advisory / matchingIdea / Pre-MVP / MVP / Pre-seed / Seed / Early growthActiveN/AEquity: NoMatching: NoCompanies that need to map eligibility and documents before selecting a programme.Official sourceLast verified: 2026-08-25
HKSTP Co-Acceleration ProgrammeHong Kong Science and Technology Parks Corporation

An invitation-only equity investment and industry collaboration programme for more mature deep-tech ventures.

Eligibility, payment and double-funding details
Duration
2 years
Company age / eligibility
Pre-Series A to Series B
Staff requirement
At least 50% technical staff
Founder requirement
N/A
Payment basis
Not reimbursement based
Stackability note
This is investment capital, not a grant; its terms must be assessed alongside any existing investors and public awards.
Double funding / cash-flow restriction
Investment proceeds and public reimbursements remain subject to separate use-of-funds and cost-claim rules.
InvestmentSeed / Early growth / Series A / Series B+ / Scale-upInvitation onlyUp to HK$15.6 million equity investmentEquity: YesMatching: N/APre-A to Series B deep-tech companies with commercial traction.Official sourceLast verified: 2026-08-25
HKSTP Ideation ProgrammeHong Kong Science and Technology Parks Corporation

A one-year early-stage technology validation programme with milestone-based grant tranches.

Eligibility, payment and double-funding details
Duration
1 year
Company age / eligibility
Hong Kong company less than 2 years old at application; an admitted team must incorporate within 2 weeks
Staff requirement
N/A
Founder requirement
Individual applicant must hold a Hong Kong identity card and be at least 18
Payment basis
Not reimbursement based
Stackability note
Check the terms of any other seed or incubation support before claiming the same project costs.
Double funding / cash-flow restriction
The current public page does not give a universal cross-programme stacking rule; applicants must check their award agreement.
IncubatorIdea / Pre-MVP / MVPActiveUp to HK$100,000Equity: NoMatching: NoTechnology teams still validating the product and business case.Official sourceLast verified: 2026-08-25
HKSTP Incu-Bio ProgrammeHong Kong Science and Technology Parks Corporation

A four-year incubation route for biotechnology ventures with longer R&D and commercialisation cycles.

Eligibility, payment and double-funding details
Duration
4 years
Company age / eligibility
Business valuation up to US$5 million
Staff requirement
More than 2 full-time employees and at least 50% technical staff
Founder requirement
N/A
Payment basis
N/A
Stackability note
University, research-talent and R&D support may complement the programme subject to separate approvals and cost separation.
Double funding / cash-flow restriction
The same expense must not be claimed twice; current award terms control.
IncubatorMVP / Pre-seed / SeedActiveUp to HK$6 millionEquity: N/AMatching: N/ABiotechnology, health technology and life-science startups.Official sourceLast verified: 2026-08-25
HKSTP Incubation ProgrammeHong Kong Science and Technology Parks Corporation

A three-year technology incubation programme. The current site states total support, not the old cash-versus-rent split.

Eligibility, payment and double-funding details
Duration
3 years
Company age / eligibility
Business valuation up to US$5 million
Staff requirement
More than 2 full-time employees and at least 50% technical staff
Founder requirement
No public founder minimum shareholding rule was located on the current programme page
Payment basis
N/A
Stackability note
Related talent and R&D schemes may be available, but each cost can only be claimed where the relevant programme permits it.
Double funding / cash-flow restriction
Do not reuse the same expenditure across public funding claims; verify the current agreement and application guide.
IncubatorMVP / Pre-seed / SeedActiveUp to HK$1.29 million total support; the current public page does not publish a cash-grant/rental splitEquity: N/AMatching: N/ATechnology startups with a team, product and commercialisation plan.Official sourceLast verified: 2026-08-25
HKSTP Venture FundHong Kong Science and Technology Parks Corporation

Direct or co-investment in Hong Kong I&T companies; this is equity capital, not a grant.

Eligibility, payment and double-funding details
Duration
N/A
Company age / eligibility
N/A
Staff requirement
N/A
Founder requirement
N/A
Payment basis
Not reimbursement based
Stackability note
May co-invest with private investors; investment documents govern dilution, rights and use of proceeds.
Double funding / cash-flow restriction
A venture investment is not a reimbursable grant, but grant-funded costs still require clean accounting.
InvestmentSeed / Early growth / Series A / Scale-upActiveInvestment amount is deal-specific; HKSTP states a HK$1 billion fund sizeEquity: YesMatching: N/AI&T companies seeking institutional equity and fitting the fund mandate.Official sourceLast verified: 2026-08-25
HKUST Entrepreneurship FundHong Kong University of Science and Technology

Minority equity investment in qualifying HKUST startups, not a prize or reimbursement grant.

Eligibility, payment and double-funding details
Duration
N/A
Company age / eligibility
Generally no more than 5 years under published programme material
Staff requirement
N/A
Founder requirement
HKUST members collectively own at least 10% under published programme material
Payment basis
Not reimbursement based
Stackability note
This is minority equity investment and should be modelled with other rounds and university IP arrangements.
Double funding / cash-flow restriction
Investment terms and diligence apply; it is not a reimbursable university grant.
InvestmentPre-seed / SeedActiveOfficial programme material describes initial investment of up to HK$2 million per startupEquity: YesMatching: N/ACompanies with an HKUST founder or technology link that are ready for equity investment.Official sourceLast verified: 2026-08-25
HKUST-Sino One Million Dollar Entrepreneurship CompetitionHong Kong University of Science and Technology

An annual university venture competition offering cash prizes, feedback and visibility.

Eligibility, payment and double-funding details
Duration
Annual competition
Company age / eligibility
N/A
Staff requirement
N/A
Founder requirement
Annual competition eligibility and HKUST connection rules apply
Payment basis
Not reimbursement based
Stackability note
A competition award may precede incubation or investment; winners must still check downstream programme rules.
Double funding / cash-flow restriction
Cash awards are paid in published tranches and progress conditions apply.
GrantIdea / Pre-MVP / MVP / Pre-seedActive2026 top cash awards: HK$400,000, HK$200,000 and HK$100,000Equity: NoMatching: NoHKUST-connected early teams ready to test their venture story through competition.Official sourceLast verified: 2026-08-25
HSITP Incubation ProgrammeHong Kong-Shenzhen Innovation and Technology Park

A three-stream programme launched in 2026 for life and health technology, AI and data science. No universal per-company amount is published in the launch material.

Eligibility, payment and double-funding details
Duration
SPIN: 1 year; IGNITE: 2 to 4 years; GAS: 3 to 4 years
Company age / eligibility
N/A
Staff requirement
N/A
Founder requirement
N/A
Payment basis
N/A
Stackability note
The first cohort is delivered through six programme partners. Any combination with other public support remains subject to the partner agreement and cost separation.
Double funding / cash-flow restriction
The launch release does not publish one universal per-company amount, equity term or cross-programme funding rule.
IncubatorIdea / Pre-MVP / MVP / Pre-seed / Seed / Early growthActiveN/AEquity: N/AMatching: N/ARelevant technology startups planning R&D, validation and commercialisation in the Hetao Hong Kong Park.Official sourceLast verified: 2026-08-25
Global Fast TrackInvest Hong Kong

InvestHK business matching, pitching and market-readiness support; the official programme is not presented as a cash grant.

Eligibility, payment and double-funding details
Duration
Cohort and event based
Company age / eligibility
N/A
Staff requirement
N/A
Founder requirement
N/A
Payment basis
Not reimbursement based
Stackability note
Business matching and market-readiness support can complement accelerators and fundraising.
Double funding / cash-flow restriction
The official 2026 announcement describes matching, pitching and market-entry support, not a cash award.
Market expansionSeed / Early growth / Series A / Scale-upActiveN/AEquity: NoMatching: NoScalable companies seeking Asian customers, partners, investors or a Hong Kong landing point.Official sourceLast verified: 2026-08-25
InvestHK startup and landing supportInvest Hong Kong

Free setup, expansion and ecosystem guidance for overseas and Mainland companies; this is not cash funding.

Eligibility, payment and double-funding details
Duration
N/A
Company age / eligibility
N/A
Staff requirement
N/A
Founder requirement
N/A
Payment basis
Not reimbursement based
Stackability note
Advisory and connection support can sit alongside funding applications because it is not a cash award.
Double funding / cash-flow restriction
InvestHK states that its setup and expansion services are free; this entry does not represent grant funding.
Advisory / matchingIdea / Pre-MVP / MVP / Pre-seed / Seed / Early growthActiveN/AEquity: NoMatching: NoInternational founders entering Hong Kong and needing setup context or ecosystem introductions.Official sourceLast verified: 2026-08-25
Enterprise Support Scheme (ESS)Innovation and Technology Commission

Dollar-for-dollar support for in-house R&D by Hong Kong companies; it is not general operating capital.

Eligibility, payment and double-funding details
Duration
Normally up to 24 months
Company age / eligibility
N/A
Staff requirement
N/A
Founder requirement
N/A
Payment basis
Reimbursement based
Stackability note
May pair with eligible R&D talent or cash-rebate support where each scheme permits and budgets remain separate.
Double funding / cash-flow restriction
ESS funds a defined R&D project and requires matching, records, reports and audits; the same cost cannot be funded twice.
GrantSeed / Early growthActiveUp to HK$10 million per projectEquity: NoMatching: 1 government : 1 companyCompanies with a defined technical risk, R&D work plan, budget and commercialisation path.Official sourceLast verified: 2026-08-25
Innovation and Technology Venture Fund (ITVF)Innovation and Technology Commission

Government-backed co-investment through selected fund managers, not a grant that a startup applies for directly.

Eligibility, payment and double-funding details
Duration
N/A
Company age / eligibility
N/A
Staff requirement
N/A
Founder requirement
N/A
Payment basis
Not reimbursement based
Stackability note
Startups receive investment through participating fund managers, not a direct grant application to ITC.
Double funding / cash-flow restriction
Investment terms, dilution and fund diligence apply separately from any public R&D award.
InvestmentSeed / Early growth / Series ANeeds reviewNo fixed startup cheque published; the enhanced fund-manager model redeploys HK$1.5 billionEquity: YesMatching: At fund level, HK$1 government for every HK$3 raised by selected fund managersHong Kong I&T companies raising institutional capital within participating fund mandates.Official sourceLast verified: 2026-08-25
New Industrialisation Acceleration Scheme (NIAS)Innovation and Technology Commission

Large-scale matching support for smart production facilities in strategic industries, far beyond ordinary startup grant thresholds.

Eligibility, payment and double-funding details
Duration
Normally up to 36 months
Company age / eligibility
N/A
Staff requirement
N/A
Founder requirement
N/A
Payment basis
Reimbursement based
Stackability note
This is a large industrialisation facility programme, not an ordinary startup grant.
Double funding / cash-flow restriction
A project requires at least HK$150 million total cost and at least HK$100 million enterprise contribution; funded costs cannot overlap.
Subsidy / rebateEarly growth / Series A / Scale-upActiveUp to HK$200 million total support across up to 2 projects; project-level terms applyEquity: NoMatching: 1 government : 2 companyIndustrial companies able to commit at least HK$100 million of eligible enterprise funding in Hong Kong.Official sourceLast verified: 2026-08-25
New Industrialisation Funding Scheme (NIFS)Innovation and Technology Commission

Matching support for setting up a new smart production line in Hong Kong.

Eligibility, payment and double-funding details
Duration
Normally up to 24 months
Company age / eligibility
N/A
Staff requirement
N/A
Founder requirement
N/A
Payment basis
Reimbursement based
Stackability note
Designed for production-line capital expenditure, not ordinary software development or early MVP work.
Double funding / cash-flow restriction
Only approved production-line costs are eligible and cannot be claimed under another public scheme.
Subsidy / rebateEarly growth / Series A / Scale-upActiveUp to one-third of approved project cost or HK$15 million per project, whichever is lowerEquity: NoMatching: 1 government : 2 companyBusinesses with a manufacturing plan, capital budget and Hong Kong production site.Official sourceLast verified: 2026-08-25
Public Sector Trial Scheme for Technology Companies (PSTS-TC)Innovation and Technology Commission

Supports real-world public-sector trials of R&D outcomes primarily developed in Hong Kong.

Eligibility, payment and double-funding details
Duration
Normally up to 12 months
Company age / eligibility
N/A
Staff requirement
N/A
Founder requirement
N/A
Payment basis
Reimbursement based
Stackability note
Useful after R&D when a public body can conduct a real trial; it is not generic product-development funding.
Double funding / cash-flow restriction
Trial expenditure and the underlying R&D costs must remain distinct from other funded projects.
GrantMVP / Seed / Early growthActiveUp to HK$1 million per projectEquity: NoMatching: NoTechnology companies with a deployable prototype and a credible public-sector trial setting.Official sourceLast verified: 2026-08-25
R&D Cash Rebate Scheme (CRS)Innovation and Technology Commission

A 40% rebate on eligible enterprise expenditure in qualifying ITF or partnership R&D projects.

Eligibility, payment and double-funding details
Duration
Application generally within 2 years after project completion
Company age / eligibility
N/A
Staff requirement
N/A
Founder requirement
N/A
Payment basis
Reimbursement based
Stackability note
The rebate is expressly linked to eligible ITF or partnership R&D expenditure, including eligible ESS in-house R&D.
Double funding / cash-flow restriction
Only qualifying expenditure is rebated; ordinary product customisation, business automation and non-scientific work are excluded for partnership projects.
Subsidy / rebateSeed / Early growth / Series AActive40% cash rebate of eligible enterprise expenditureEquity: NoMatching: NoHong Kong enterprises that have funded qualifying R&D and maintain complete evidence.Official sourceLast verified: 2026-08-25
Research Talent Hub for Technology Companies (RTH-TC)Innovation and Technology Commission

Reimburses eligible full-time R&D talent remuneration. Founders, shareholders and management cannot be the subsidised talent.

Eligibility, payment and double-funding details
Duration
Generally up to 36 months per research talent
Company age / eligibility
N/A
Staff requirement
Up to 4 full-time research talents at one time; STEM degree and R&D work requirements apply
Founder requirement
A proprietor, partner, shareholder, management member or their relative cannot be engaged as the subsidised research talent
Payment basis
Reimbursement based
Stackability note
Can support eligible R&D hiring while other approved projects fund distinct project costs.
Double funding / cash-flow restriction
The allowance must fund the actual remuneration of the approved full-time talent; no duplicate salary claim is permitted.
TalentMVP / Pre-seed / Seed / Early growthActiveMonthly salary allowance up to HK$20,000 (bachelor), HK$23,000 (master) or HK$35,000 (doctorate), plus up to HK$10,000 doctoral living allowanceEquity: NoMatching: NoTechnology companies conducting substantive Hong Kong R&D and hiring STEM graduates.Official sourceLast verified: 2026-08-25
STEM Internship SchemeInnovation and Technology Commission

A university-administered allowance for eligible STEM student internships; it is not unrestricted cash paid to the startup.

Eligibility, payment and double-funding details
Duration
Up to 90 days per academic year
Company age / eligibility
N/A
Staff requirement
Internship and student eligibility are administered by participating institutions
Founder requirement
N/A
Payment basis
Not reimbursement based
Stackability note
An employer may combine interns with other team members, but cannot claim the same wage cost under another public scheme.
Double funding / cash-flow restriction
ITC reimburses participating institutions; allowance delivery to the student follows the institution's arrangements, not a direct startup cash grant.
InternshipMVP / Pre-seed / Seed / Early growthActiveHK$11,790 per month from 1 April 2026, for up to 90 days per academic year subject to institution arrangementsEquity: NoMatching: NoEmployers able to provide substantive, supervised STEM internships.Official sourceLast verified: 2026-08-25
Technology Start-up Support Scheme for Universities (TSSSU)Innovation and Technology Commission

University-channelled funding for teams commercialising technology and R&D outcomes at six participating universities.

Eligibility, payment and double-funding details
Duration
Up to 6 years in total across TSSSU-O and TSSSU+ (up to 3 years per component)
Company age / eligibility
Generally not more than 2 years for TSSSU-O or 7 years for TSSSU+ at the relevant deadline
Staff requirement
N/A
Founder requirement
A qualifying university relationship and the university's own selection requirements apply
Payment basis
Reimbursement based
Stackability note
University and incubator support may be complementary, but every award and cost item must satisfy its own terms.
Double funding / cash-flow restriction
TSSSU+ private investment matching and the reimbursable period are time-bound; the same cost cannot be publicly funded twice.
GrantIdea / Pre-MVP / MVP / Pre-seed / SeedActiveUp to HK$1.5 million per startup per year for up to 3 years under TSSSU-O, followed by up to 3 further years under matching-fund TSSSU+Equity: NoMatching: TSSSU+ only: dollar-for-dollar against qualifying private investmentTechnology startups with a qualifying university relationship, IP or research output.Official sourceLast verified: 2026-08-25
Microsoft for StartupsMicrosoft

Azure credits, technical guidance and go-to-market resources for private startups that own a software product.

Eligibility, payment and double-funding details
Duration
N/A
Company age / eligibility
Not Series C or later under current eligibility
Staff requirement
N/A
Founder requirement
N/A
Payment basis
Not reimbursement based
Stackability note
A Hong Kong software company may apply because Azure is available in the jurisdiction, subject to programme approval.
Double funding / cash-flow restriction
Consultancies, agencies and organisations without an owned software product are excluded; credits cover Azure usage, not cash expenses.
Service creditMVP / Pre-seed / Seed / Early growthActiveInvestor Network referrals may unlock up to US$150,000 in Azure credits; approved offer variesEquity: NoMatching: NoB2B, software or AI product startups building on Azure.Official sourceLast verified: 2026-08-25
NVIDIA InceptionNVIDIA

A free, no-equity AI startup ecosystem programme; the public page does not promise one universal cash or credit amount.

Eligibility, payment and double-funding details
Duration
N/A
Company age / eligibility
Less than 10 years old
Staff requirement
At least 1 developer and a working website
Founder requirement
N/A
Payment basis
Not reimbursement based
Stackability note
Free technical, training, partner and investor-network benefits can complement cloud credits and incubators.
Double funding / cash-flow restriction
NVIDIA does not promise one universal cash or cloud-credit amount on the public programme page.
Advisory / matchingMVP / Pre-seed / Seed / Early growthActiveN/AEquity: NoMatching: NoIncorporated companies building AI, data-science or accelerated-computing products.Official sourceLast verified: 2026-08-25
PolyU Entrepreneurship Investment FundThe Hong Kong Polytechnic University

Equity, convertible or SAFE investment in eligible PolyU ventures, with final terms set by transaction documents.

Eligibility, payment and double-funding details
Duration
N/A
Company age / eligibility
N/A
Staff requirement
N/A
Founder requirement
PolyU member ownership or PolyU intellectual property requirement applies
Payment basis
Not reimbursement based
Stackability note
Equity, convertible or SAFE instruments may be used under the programme; founders should model dilution and university IP rights.
Double funding / cash-flow restriction
This is investment, not a general grant; transaction documents govern the final structure.
InvestmentPre-seed / Seed / Early growth / Series AActiveUp to HK$4 million per company under published programme informationEquity: YesMatching: N/ACompanies with a PolyU team or IP connection that are ready for investment.Official sourceLast verified: 2026-08-25
PolyU Micro FundThe Hong Kong Polytechnic University

Early seed support from PolyU; any linked incubation support requires a separate application and is not automatic.

Eligibility, payment and double-funding details
Duration
N/A
Company age / eligibility
N/A
Staff requirement
N/A
Founder requirement
PolyU relationship and annual cohort rules apply
Payment basis
N/A
Stackability note
PolyU promotes pathways into HKSTP, but those programmes require separate admission and should not be counted as automatic Micro Fund cash.
Double funding / cash-flow restriction
Treat the PolyU award and any later incubator support as distinct approvals with separate eligible costs.
GrantIdea / Pre-MVP / MVP / Pre-seedActiveHK$100,000 PolyU seed funding; other advertised support is conditional on separate programme admissionEquity: NoMatching: NoPolyU-connected teams building a prototype and early market evidence.Official sourceLast verified: 2026-08-25
SME Export Marketing Fund (EMF — superseded)Trade and Industry Department

EMF was consolidated into the BUD Fund on 1 July 2026; new exhibition and export-promotion support should be checked under Easy BUD.

Eligibility, payment and double-funding details
Duration
Final eligible promotion activities had to finish by 30 June 2026
Company age / eligibility
N/A
Staff requirement
N/A
Founder requirement
N/A
Payment basis
N/A
Stackability note
Use Easy BUD for current exhibition and export-promotion applications after consolidation.
Double funding / cash-flow restriction
The same expenditure item could not also receive other government funding.
Market expansionSeed / Early growth / Series A / Scale-upSupersededUp to HK$100,000 per eligible application under the final rules before consolidationEquity: NoMatching: Government funding up to one-quarter of approved expenditure (1:3 government-to-enterprise)Researching legacy EMF cases or identifying the current replacement route.Official sourceLast verified: 2026-08-25
SME Financing Guarantee Scheme - 80% GuaranteeHKMC Insurance Limited

A government-backed loan guarantee; the enterprise still needs lender approval and must repay the facility.

Eligibility, payment and double-funding details
Duration
Maximum guarantee period up to 10 years under current terms
Company age / eligibility
Generally at least 1 year of business operation in Hong Kong
Staff requirement
N/A
Founder requirement
N/A
Payment basis
Not reimbursement based
Stackability note
This is bank financing supported by a government guarantee, not a grant and not automatic credit approval.
Double funding / cash-flow restriction
Borrowers must repay the lender and satisfy credit assessment, guarantee fees and use-of-proceeds rules.
Loan / guaranteeSeed / Early growth / Series A / Scale-upClosed to new applicationsMaximum loan facility HK$18 million under the 80% guarantee productEquity: NoMatching: NoHong Kong businesses with operating history, a defined use of funds and repayment capacity.Official sourceLast verified: 2026-08-25
SOSV HAX / IndieBioSOSV

Global hard-tech and life-science programmes; cheque size, location and entity structure depend on the selected programme.

Eligibility, payment and double-funding details
Duration
N/A
Company age / eligibility
N/A
Staff requirement
N/A
Founder requirement
Official FAQ states at least 2 founders are generally required for funding
Payment basis
Not reimbursement based
Stackability note
Worldwide applications are accepted, but SOSV encourages a US investment entity and individual programme terms govern location and cheque size.
Double funding / cash-flow restriction
Current public FAQ does not state one universal investment amount for every programme, so no amount is asserted here.
AcceleratorIdea / Pre-MVP / MVP / Pre-seed / SeedActiveN/AEquity: YesMatching: NoTeams needing specialist hardware, laboratory or biotechnology infrastructure and networks.Official sourceLast verified: 2026-08-25
Techstars Accelerator ProgramsTechstars

Three-month accelerators with published standard investment terms; foreign entity treatment depends on programme diligence.

Eligibility, payment and double-funding details
Duration
Generally 3 months
Company age / eligibility
N/A
Staff requirement
N/A
Founder requirement
N/A
Payment basis
Not reimbursement based
Stackability note
Foreign-company acceptability is programme and diligence specific; Techstars states that an unapproved jurisdiction may require a flip.
Double funding / cash-flow restriction
Investment instruments and equity terms apply; do not describe the investment as a grant.
AcceleratorMVP / Pre-seed / SeedActiveStandard programmes: US$220,000; Asia-Pacific programmes: US$120,000 under current published termsEquity: YesMatching: NoEarly technology companies seeking intensive mentorship, corporate access and an international financing network.Official sourceLast verified: 2026-08-25
Y CombinatorY Combinator

A global accelerator investing through two SAFE instruments and running an in-person cohort; applications are worldwide.

Eligibility, payment and double-funding details
Duration
Cohort based; Fall 2026 is in person in San Francisco
Company age / eligibility
N/A
Staff requirement
N/A
Founder requirement
N/A
Payment basis
Not reimbursement based
Stackability note
A Hong Kong startup can apply, but accepted companies should confirm the final investable entity structure directly with YC.
Double funding / cash-flow restriction
This is equity/SAFE financing. It can coexist with grants only where grant agreements permit and funded costs remain compliant.
AcceleratorIdea / Pre-MVP / MVP / Pre-seed / SeedActiveUS$500,000: US$125,000 for 7% plus US$375,000 on an uncapped MFN SAFEEquity: YesMatching: NoHigh-growth technology startups willing to join the San Francisco cohort and accept the standard SAFE deal.Official sourceLast verified: 2026-08-25
HYAB GBA Youth Entrepreneurship Funding SchemeHome and Youth Affairs Bureau / Youth Development Commission

Appointed NGOs recruit and support Hong Kong youth teams. The current round provides up to HK$480,000 government grant plus NGO matching support per eligible team.

Eligibility, payment and double-funding details
Duration
Appointed NGO projects run for 1 to 3 years; team support follows the operator arrangement
Company age / eligibility
N/A
Staff requirement
N/A
Founder requirement
Eligibility is administered through appointed NGOs for Hong Kong young people; current intake rules must be checked with the operator
Payment basis
N/A
Stackability note
Funding and incubation are delivered through appointed NGOs rather than a direct always-open government application portal.
Double funding / cash-flow restriction
Teams must follow the appointed NGO agreement and cannot assume the same costs are claimable under another public scheme.
GrantIdea / Pre-MVP / MVP / Pre-seedActiveUp to HK$480,000 government grant plus up to HK$120,000 NGO matching support per eligible team in the current roundEquity: NoMatching: NGO matching component up to HK$120,000; not a founder cash-matching ratioEligible Hong Kong youth teams planning a business in Hong Kong or a Mainland GBA city through an appointed operator.Official sourceLast verified: 2026-08-25

Editorial analysis

Strategy combinations by company type

Solve the company's most real constraint first; the number of applications is not the goal.

AI / Software / SaaS

Validate demand cheaply and use cloud credits before choosing HKSTP, Cyberport or institutional capital.

Illustrative route
Founder capital → MVP plus cloud credits → one primary incubator → RTH or ESS after real R&D and hiring needs → equity after traction.
Key caution
Do not build a heavy team to chase subsidies; the same cloud bill, payroll or R&D cost cannot be claimed twice.

Deep tech / Hardware / Robotics

Separate university or laboratory R&D, prototyping, trials and production-line work into distinct funding stages.

Illustrative route
Technology and IP → university/TSSSU or HKSTP → prototype and patent → ESS/RTH → public trial → smart production line → specialist VC.
Key caution
R&D, trial and production-line awards have different scopes; budget for hardware cash flow and reimbursement timing.

Biotech / HealthTech

Build the stack around university IP, laboratory access, regulation and a long R&D cycle.

Illustrative route
University IP or licence → Incu-Bio or TSSSU → RTH/ESS → validation and trials → specialist biotech capital.
Key caution
Laboratory, clinical and regulatory costs are not automatically eligible; a headline incubator amount does not replace a detailed plan.

FinTech

Cyberport and InvestHK can provide incubation, institutional connections and financing access; a regulatory sandbox is a test route, not funding.

Illustrative route
Define compliance → Cyberport prototype/incubation → institutional pilot or regulatory test → acceleration and matching → equity.
Key caution
Resolve licensing, data and financial-regulation questions early; never present sandbox admission as a grant.

GreenTech / ClimateTech

Prove environmental impact and technical feasibility before choosing R&D, trial or production support.

Illustrative route
Environmental problem and metrics → HKSTP/prototype → ESS or Green Tech Fund → public trial → Hong Kong production → industrial capital.
Key caution
Ordinary ESG consulting or green marketing is not green-tech R&D; large funds require matching cash, milestones and audits.

E-commerce / Consumer / Cross-border

Market, brand and financing tools usually fit better than R&D grants; consider Cyberport only for a genuine digital product.

Illustrative route
Small-batch validation → real sales and unit economics → BUD market project → trade channels → guaranteed lending if needed.
Key caution
An online store is not automatically R&D because it uses software; BUD requires matching cash and documented costs.

Creator / YouTube / Digital media

A normal channel rarely fits STEM or R&D funding; a platform, AI video tool or virtual-production technology is a different case.

Illustrative route
Validate content and audience → earn commercial revenue → brand/market tools; assess Cyberport, cloud and R&D separately only for a technology product.
Key caution
CreateSmart requires sector-level benefit; do not re-label one channel's routine production costs as an industry project.

Professional services / Consulting

Customers, branding, export and cash flow usually matter more than large R&D grants.

Illustrative route
Standardise services → build Hong Kong operating history → BUD market expansion → cross-border clients → debt only with repayment capacity.
Key caution
Consultancies are expressly excluded from several cloud and technology programmes; client delivery is not automatically in-house R&D.

University spin-off

Resolve IP ownership and licensing before stacking university seed support, incubation, talent and R&D funding.

Illustrative route
University IP review/licence → TSSSU or university fund → HKSTP → RTH/ESS → trial, industry partner and VC.
Key caution
Document faculty, student, university and company rights in IP and equity; funding does not automatically transfer IP.

Bootstrapped solo founder

Keep fixed costs low and validate willingness to pay; accept programme overhead only when it solves a real constraint.

Illustrative route
Founder capital or shareholder loan → small MVP → self-service cloud credits → customer validation → incubation or talent support only when hiring.
Key caution
More subsidies do not make a healthier company; milestones, audits, matching cash and delayed reimbursement create overhead.

Editorial analysis

Funding stack timeline

Public support should increase with company maturity, not all be pursued on day zero.

  1. Idea

    Consider
    Founder capital, university competitions, HKSTP Ideation and CCMF.
    Usually premature
    Large R&D awards, production-line support and bank debt.
  2. MVP

    Consider
    Cloud credits, proof of concept, one primary incubator and customer discovery.
    Usually premature
    ESS without an R&D work package or hiring early to chase subsidies.
  3. Incubation

    Consider
    HKSTP or Cyberport, STEM interns, university support and clear IP documents.
    Usually premature
    Assuming every team salary will be reimbursed.
  4. Early customers

    Consider
    BUD market projects, PSTS trials, accelerators and investor readiness.
    Usually premature
    Debt-funded scaling before unit economics are understood.
  5. R&D funding

    Consider
    ESS, RTH or a specialist R&D fund once technical risk and matching cash are real.
    Usually premature
    Re-labelling routine product work or client customisation as research.
  6. Scale

    Consider
    Market expansion, equity, smart production facilities and industrial partners.
    Usually premature
    Ignoring dilution, audits, reimbursement lag and financing conditions.