The Innovation and Technology Commission (ITC) sets up various funding schemes under the Innovation and Technology Fund to support private companies for their in-house research and development ("R&D") in collaboration with local universities or research institutions, technology adoption, recruitment of research interns, patent applications and more.

To help technology start-ups build and grow their businesses, ITC, Hong Kong Science and Technology Parks Corporation (HKSTPC) and Cyberport have launched a number of funding schemes to provide financial support for technology start-ups, just to name a few including:

• Innovation and Technology Venture Fund
• Technology Start-up Support Scheme for Universities
• HKSTPC Corporate Venture Fund
• Cyberport Creative Micro Fund
• Cyberport Macro Fund

For more details on local public technology funding schemes for enterprises, please refer to the "Technology Funding at a Glance" booklet at http://www.itc.gov.hk/en/doc/download/funding_booklet.pdf.