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Strategic Innovation and Technology Fund Guidelines
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Talent Garden
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If you’re in the field of technology and strategic innovation and you don’t fear measuring yourself with international competitors, you have really interesting opportunities around the globe, both in Europe and overseas. Some governments, notably those of Canada, Hong Kong and the European Union, but also others, have developed funding systems to encourage smart and innovative companies to invest in their countries, hoping in this way to trigger a cycle of successful and positive development. Of course applying for this kind of funding may not always be simple, almost always there are quite demanding guidelines to comply with. Let’s examine in some detail the main strategic innovation and technology funding opportunities available right now and their guidelines.
Hong Kong Technology and Innovation Fund
The Hong Kong Technology and Innovation Fund (TIF) - established in the year 2017 - has been created to support Hong Kong companies to improve their technological level and to help them introduce innovative ideas, processes, and products. Under the general programme there are five sub-programmes:
- Supporting Research and Development
- Facilitating Technology adoption
- Nurturing technology talent
- Supporting technology start-ups
- Fostering an I&T culture
- Stream 1: Encourage research and development (R&D) that will accelerate technology transfer and commercialisation of innovative products, processes and services;
- Stream 2: Facilitate the growth and expansion of firms in Canada;
- Stream 3: Attract and retain large scale investments to Canada; and
- Stream 4: Advance industrial research, development and technology demonstration through collaboration between academia, non-profit organisations and the private sector.
- Stream 5: Support large-scale, national innovation ecosystems through high impact collaborations across Canada.
- innovative low-carbon technologies and processes in energy-intensive industries, including products substituting carbon-intensive ones
- carbon capture and utilisation (CCU)
- construction and operation of carbon capture and storage (CCS)
- innovative renewable energy generation
- energy storage
Article updated on: 09 August 2023
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