Funding Arrangement

Company contribution will be HKD 750K per year matched 9:1
by ITC upon approval

– Total HK$7.5M/year/company (~US$1M)

The contribution will be used to support the development of R&D projects of common interest with matching funding to be sought through the Innovation and Technology Support Programme (ITSP) of the HK SAR Government ( The relevant government department, the Innovation and Technology Commission (ITC), encourages the initiative of enhancing R&D collaboration of Hong Kong’s universities and industry with MIT’s alliance.


on September 2 | by

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