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September 2017
 
 
 
Innovation and Technology Venture Fund now opens for applications
The Innovation and Technology Commission launched a HK$2 billion Innovation and Technology Venture Fund (ITVF) on September 15. The ITVF welcomes applications from venture capital (VC) funds, whether incorporated in Hong Kong or overseas, to become its co-investment partners.

The ITVF aims to encourage VC fund investment in local innovation and technology (I&T) start-ups. The selection of VC funds will be based on a number of criteria as well as the advice from an independent Advisory Committee, which comprises veterans from the business and investment sectors, professionals and academics. The Government and each VC fund will invest in eligible local I&T start-ups concurrently at an overall ratio of approximately 1:2. Appropriate carried interest and other performance incentives will be available.

The Secretary for Innovation & Technology, Mr. Nicholas Yang, said, "The ITVF will help fill the funding gap for local technology start-ups. We are confident that this new fund will be conducive to developing a more vibrant and sustainable innovation and technology ecosystem in Hong Kong."

The ITVF is open for application from VC funds until January 15, 2018. A briefing session will be held on October 3, 2017.

Please click here for more details.

 
 
 
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Collaborate, Complement, Co-create: Hong Kong Innovation and Technology Forum 2017

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Standards and Calibration Laboratory wins the Best Paper Award at the NCSLI Symposium 2017
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Smart windows switched from clear to dark within a minute

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The 50th Joint School Science Exhibition a great success – Secondary school students showcase scientific talent for the betterment of the community
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Upcoming I&T Event
  1. "InnoTech Month 2017" will be officially launched soon. A specially designed mobile truck, "InnoForce", will be travelling throughout Hong Kong for two weeks from September 30 with a robot ambassador and VR game. Members of general public will have a chance to get a limited edition of McMug plush toy by participating in a Facebook game. Please stay tuned!

    "InnoTech 2017" will be held from October 21 to 29 at Hong Kong Science Park. Welcome to register via www.itm.gov.hk for the innovative workshops, seminars and guided tours.
  2. The Nano and Advanced Materials Institute (NAMI) will hold a symposium on October 4 at Hong Kong Science Park, entitled "Emerging Eco-friendly Concrete Materials – Geopolymer". Research experts from NAMI and Prof. Joseph Davidovits, the inventor of geopolymer science, will share their achievements in the field of geopolymers, revealing the status, applications and markets of these emerging eco-friendly concrete materials. Please click here for details.

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  Innovation and Technology Commission
21/F, West Wing,
Central Government Offices, 2 Tim Mei Avenue, Tamar, Hong Kong.

  
  email : enquiry@itc.gov.hk
  
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fax : (852) 2730 4633
  
     
 
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