Innovation and Technology Bureau (ITB) – Innovation and Technology Fund for Better Living (FBL)

Applications open all year round

Main features:

  1. 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.
  2. Projects should be able to benefit the public at large or specific groups, and should be in line with government policies.
  3. Projects should involve the innovative application of technologies.
  4. Project themes include daily living, education, environment, health, safety, transport, etc. which can benefit the community.
  5. Project deliverables can be in the form of mobile apps, products, devices, equipment, tools, services, software, or any other forms with valid justifications.
  6. 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).
  7. 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.
  8. Projects should not be profit-making during the funding period.
  9. Projects should primarily be developed within Hong Kong.
  10. Applicants have to bear no less than 10% of the total project cost by self-financing or other funding sources.
  11. 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.

 

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