HKSTP-PolyU Tech Incubation Fund Scheme (the TIF Scheme) is an initiative to encourage and support PolyU members to start up technology businesses and commercialise their research and development (R&D) results, with the funding source from Innovation and Technology Commission (ITC) under Technology Start-up Support Scheme for Universities (TSSSU).
The TIF Scheme supports:
Funding and Support
Under the TIF Scheme, PolyU partners Hong Kong Science and Technology Parks Corporation (HKSTP) to provide each approved start-up with a financial aid package valued up to HK$280,000, including:
(1) a seed fund (Fund) up to HK$100,000 to support their R&D, operation and marketing expenses within one government financial year; and
(2) Admission to HKSTP Incu-App/ Incu-Tech/ Incu-Bio Programme to provide office premises, technology support, lab services and financial aid, etc.
The approved start-up will have access to other entrepreneurial support services* of both PolyU and HKSTP, including but not limited to:
 IMPORTANT NOTE: TSSSU Application and Reimbursement Guidelines governing Government financial year 2017-18 has not been announced yet. These Guidelines for the TIF Scheme 2017-18 are subject to further refinements and amendments without prior notice. Please contact the Institute for Entrepreneurship (IfE) of PolyU for any updates to these Guidelines prior to submitting your application.
 The maximum financial aid package is calculated on the assumption that an approved start-up fully claims all HK$100,000 seed fund from PolyU and the financial support of HK$180,000 under the HKSTP Incu-Tech Programme.
 The applying team/ proposed company MUST satisfy relevant conditions set out by HKSTP before they can be officially admitted to the HKSTP Incubation Programme.
* One PolyU member must be appointed as the PIC. The PIC is required to be substantially involved and hold a senior position in the applying or proposed company and can be reached by PolyU during normal business hours, to be responsible for:
(a) overseeing the operations of the company; and
(b) liaising with PolyU on matters relating to the funding support under the TIF Scheme.
** Current research postgraduate student should check with Research Office (3400 3635) if any approval is necessary prior to application.
# Any current staff member of PolyU who wishes to take equity/ management role in the applying or proposed company should seek the University’s approval, subject to pertinent policies and regulations governing knowledge transfer and outside activities.
3. The applying team/ proposed company must be technology-oriented with R&D elements.
 In the sole opinion of PolyU, substantial involvement is usually evidenced by:
(a) 10% or more ownership, in the form of equity shares or share options, of the applying or proposed company; and
(b) working on a full-time basis in the applying or proposed company.
Deadline: 1:00 pm, 21 November 2016 (Monday)
The Applicants should submit:
with supporting documents including:
[if you are applying on behalf of a company]
through email to: firstname.lastname@example.org on or before the application deadline.
(Email attachment should be no more than 10 MB)
Note: Bonus points will be awarded to applications using PolyU patents/ technologies/ intellectual properties.
To facilitate the application of the TIF Scheme, the following application briefing sessions will be offered to all interested applicants. (Register HERE)
Date, Time, Venue
28 September 2016 (Wed), 1:00pm - 2:00pm, QR403, PolyU
2 November 2016 (Wed), 6:30pm - 8:00pm, TU201, PolyU
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