The Innovation and Technology Fund for Better Living ("FBL") is a scheme for funding innovation and technology ("I&T") projects which will make people's daily living more convenient, comfortable and safer, or address the needs of specific community groups.
Projects should be able to benefit the public at large or specific groups, and should be in line with government policies
Projects should involve the innovative application of technologies
Project themes include daily living, education, environment, health, safety, transport, etc. which can benefit the community
Project deliverables can be in the form of mobile apps, products, devices, equipment, tools, services, software, or any other forms with valid justifications
Project deliverables should be developed and rolled out within 12 months, and run for at least two consecutive years after roll-out (except for projects that are one-off in nature)
An approved project will receive a grant up to 90% of the total eligible costs of the project or HK$5 million, whichever is the less
Projects should not be profit-making during the funding period
Projects should primarily be developed within Hong Kong
Applications will be considered by the FBL Assessment Panel. The terms of reference and membership of the Assessment Panel are at here.
The Assessment Panel will assess each eligible application based on the following criteria:
Benefits brought to the public or specific community group(s)
Innovation and technology content
Feasibility and sustainability
Financial considerations
Technical and management capability of the Applicant
Address:
Units 509-518, 5/F, Shui On Centre,
6-8 Harbour Road, Wan Chai, Hong Kong
Tel: (852) 3855 7686
Fax: (852) 3855 7690
Email: fblenq@itc.gov.hk