Innovation and Technology Fund for Better Living
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Innovation and Technology
Fund for Better Living

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.

The Innovation and Technology Fund for Better Living (FBL) ceased to receive applications from 1 January 2025 onwards. Applications received up to 31 December 2024 is scheduled to be considered by the FBL Assessment Panel in Q1 2025.

FBL Overview

Main features

  • 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

Assessment Mechanism and Criteria

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

Find out more about the FBL

These documents are in Portable Document Format (PDF). You need to install the free Adobe Acrobat Reader XI or above to read them.

Enquiry

FBL Secretariat
Innovation and Technology Commission

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