Applications open all year round
Main features:
- The 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 FBL, with a funding size of HK$5 million, is expected to operate for 5 years with effect from 2017-18.
- 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 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.
- Applicants have to bear no less than 10% of the total project cost by self-financing or other funding sources.
- Applicants please read the following information carefully before preparing the applications:
a) Leaflet
b) Concise Guide
c) Application Guide
Applicants can submit the applications by:
a) Apply online through the Administrative System of the Innovation and Technology Bureau - Fund for Better Living; or
b) Apply in paper form
Details of the fund are available FBL website.