For funding relating to knowledge transfer, the Technology Transfer Center (TTC) administers three funding programs, namely the Bridge Gap Fund (BGF), the Technology Start-up Support Scheme for Universities (TSSSU) and the HKUST Entrepreneurship Fund (E-Fund). The Entrepreneurship Center (EC) manages three funding programs, namely Entrepreneurship Acceleration Fund (EAF), U*Star Award (U*STAR), Yeung Wing Yee Entrepreneurs Fund (YWYEF). Other various funding programs relating to research are administered by the Research Office under the Office of the Vice-President for Research and Development. Click here to view the Technologies & Entrepreneurship Funding Eco-System @ CWB, HKUST for relevant funding programs available.
Bridge Gap Fund - Programme Introduction and Related Technologies
Jointly introduced by the Office of Knowledge Transfer (OKT) and the Technology Transfer Center (TTC), the Bridge Gap Fund (BGF) is established as a 2020 version of the previous Proof-of-Concept Fund (PCF) with the following objectives:
- to facilitate HKUST technology towards commercialisation by enriching technology pipeline at HKUST for industry collaboration and/or adoption, or forming startups, thus enhancing the willingness of HKUST research teams to participate in R&D for commercialisation;
- to create more viable intellectual property from HKUST’s technology by promoting more translational research
With a total funding of up to HK$5 million, the BGF serves as a bridge between HKUST research community and society based on HKUST's research strengths for societal impact.
Please click here for more details. (http://ttc.ust.hk/index.php?p=4&sp=53)
TSSSU - Programme Introduction, Startups and Related Technologies
In 2014/15, a new Technology Start-up Support Scheme for Universities (TSSSU), under the Innovation and Technology Fund (ITF) was launched by the Innovation and Technology Commission (ITC), with the below objectives:
to encourage our students and faculties to start up technology businesses and commercialise their research and development (R&D) results
to provide better support for technology start-ups to translate new ideas into business opportunities
ITC will provide an annual funding of up to HK$8 million to each university on a reimbursement basis for expenses incurred by the University recommended technology start-ups during the 2020-21 Government financial year.
Please click here for more details. (https://kt.ust.hk/zh-hans/events/technology-start-support-scheme-universities-tsssu-202122 )
E-Fund - Programme Introduction, Startups and Related Technologies
The HKUST Entrepreneurship Fund (E-Fund) was set up in 2019/20 to support the development of startups at HKUST – especially those in their early stage. The fund seeks to facilitate knowledge transfer, promote entrepreneurial spirit among HKUST stakeholders, and bring about social and economic impact.
Please click here for more details. (https://ttc.ust.hk/HKUST-Entrepreneurship-Fund)
U*STAR - Programme Introduction, Startups and Related Technologies
Supported by the Knowledge Transfer Fund from the University Grant Committee (UGC) of the HKSAR Government, the U*Star Award encourages technology transfer with new business creation based on the University technologies and research output.
Please click here for more details. (https://www.ec.ust.hk/event/68/ustar-award)
Entrepreneurship Acceleration Fund (EAF)
The Entrepreneurship Acceleration Fund (EAF) supports startups of all entrepreneurial stages in order to facilitate their ideation, development and acceleration. The Fund aims at promoting and engaging HKUST members in cross-disciplinary collaboration to transform innovative ideas into concrete and value-added solutions for society.
For details, please visit https://www.ec.ust.hk/event/68/entrepreneurship-acceleration-fund.
Yeung Wing Yee Entrepreneurs Fund (YWYEF)
The Yeung Wing Yee Entrepreneurs Fund (YWYEF) is an acceleration seed fund that aims to support early-stage startups owned by HKUST members to pursue their entrepreneurship dreams, develop their entrepreneurial potentials and promote innovation and entrepreneurship. The Fund can be used to cover partial costs of the initial stage of startups.
For details, please visit https://www.ec.ust.hk/event/68/yeung-wing-yee-entrepreneurs-fund.
As part of the Tech-ship Program, which aims at bridging faculty technologies with student entrepreneurship, the Tech-ship Award supports faculty members who have partnered with HKUST students for technopreneurship development based on application of university technologies and research outputs.
For details of the Program and Award, please visit https://ec.ust.hk/tech-ship.
HKUST Collaborative Innovation Center (HCIC)
The HKUST Collaborative Innovation Center (HCIC) was jointly established by The Hong Kong University of Science and Technology (HKUST) and Beijing Institute of Collaborative Innovation (BICI). HCIC aims to promote the various types of cooperation between HKUST and BICI in projects beneficial to both Parties and society. The main research areas for HCIC include, but not limited to, Advanced Materials and Devices, Electronics and Devices, Energy and Environment, Healthcare, and Intelligent Systems and Robotics.
For more information about HCIC, please email firstname.lastname@example.org.
HKUST-Kaisa Joint Research Institute (HKJRI)
The HKUST-Kaisa Joint Research Institute (HKJRI), was established in November 2019 to develop technology and knowledge to be commercialized for practical applications and products via platforms of Kaisa Holdings Limited (Kaisa).
HKJRI focuses on the technological areas of New Materials, IOT (Artificial Intelligence), Big Data, Fintech, and Healthcare Technology. HKJRI will work closely with Kaisa to facilitate the technology transfer process, including the formation of spin-off start-up companies, with strong supports from both TTC/OKT and Kaisa’s incubation hubs mainly in Shenzhen, China.
For more information about HKJRI, please email email@example.com.
HKUST-BDR Joint Research Institute (HBJRI)
The HKUST-BDR Joint Research Institute (HBJRI) provides a unique platform to facilitate and strengthen the collaboration between University and Industry in talent development and technology innovation, with focus on the mutually interested strategic areas including construction and restaurant robotics, artificial intelligence and big data, smart cities and smart living, thus supporting the transition of Hong Kong and the Greater Bay Area into a knowledge-based economy. The Guangdong Bright Dream Robotics Co. Ltd., a wholly owned subsidiary of Country Garden, will provide strong support for applied research and deployment of research results from the Joint Research Institute.
For more information about HBJRI, please email firstname.lastname@example.org.