Enterprise Support Scheme (ESS) is a HK R&D funding under Innovation and Technology Commission (ITC), which has been in operation for 4 years with more than 100 applications and $70M approved funding per year. The small and middle size HK companies are the most frequent guest, but it is not hard to find the presence of the listed companies.
How does ESS Funding works?
Dollar-for-dollar Match fund(ESS)
ITC 50% / Applicant 50%
Support of up to HK$10M and up to 2 years.
The scheme supports:
All existing or to be recruited R&D related manpower
Project related equipment
Other Direct cost such as outsource services
No repayment, no IP and profile sharing required.
After finished ESS Funding
Cash Rebate Scheme
After completion of the enterprise support scheme, applicants can apply for another scheme call “Cash Rebate Scheme” which can receive another 40% of the applicant’s expense.
(Approximately 20% of the project total expense)
Applicant only undertake 30% of the total R&D cost
Project based. Unlimited number of times on submission
In another word, with enterprise support scheme, salary, equipment and other direct cost are
Also it means the capital of
the project is 3 times larger.
Check ITC R&D Funding Qualification now!
To those who succeed the application of ESS Funding
You are eligible to apply another 2 schemes which are only open to Science Park and Cyber Port tenant.
extra support to hire 2 Bachelor or Master degree team members to support the project.
Postdoctoral Hub program:
extra support to hire 2 Phd team members to support the project.
Flexible R&D Financial Plan
Don't worry, you don't have to input your 50% at once.
The scheme support your R&D activities up to 2 years.
You only have to prepare the amount every milestone needs.