The Innovation and Technology Commission is accepting applications for funding projects under the "2016 Guangdong-Hong Kong Technology Cooperation Funding Scheme" starting today, with a deadline of September 30.
The funding scheme was launched in 2004 to encourage universities, research institutions, and technology enterprises in Guangdong and Hong Kong to strengthen cooperation and enhance the technological level of industries in the Greater Pearl River Delta region. The Shenzhen Municipal Government joined the scheme in 2005.
The scheme is divided into three categories: the first category is funded by the Hong Kong Innovation and Technology Fund; the second category is funded by relevant mainland units; and the third category is jointly funded by the governments of Guangdong and Hong Kong or Shenzhen.
This year, there are 28 technology projects in the first category available for application by Hong Kong institutions, and 21 technology projects in the third category, which are jointly funded by the two governments. These technology projects align with the needs of industrial development and can promote economic development in the Greater Pearl River Delta region.
