Green Tech Fund approves eight projects worth $39m

Local universities and a private enterprise submitted applications.

The Secretariat of the Green Tech Fund (GTF) has approved eight projects in the first round of applications on 5 October. The total grant amounted to around $39m.

The GTF was open for the first round of applications from December 2020 to February 2021. The projects cover a wide range of topics, including the promotion of new energy and renewable energy, promotion of a circular economy and turning waste into resources, low-carbon waste management technologies, and smart air quality monitoring.

The government set up the $200m fund in 2020 to provide better and more focused funding support for research and development projects which can help Hong Kong decarbonise and enhance environmental protection as it strives towards carbon neutrality before 2050.

Follow the link for more news on

Join Hong Kong Business community
Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!

Exclusives

Hong Kong sets higher investment threshold for residency
Whilst permanent residency in Hong Kong now requires a minimum outlay of $30m (US$3.83m), the range of permissible investments has been expanded.
MBA programmes in Hong Kong live up to financial hub status
MBA providers hop on experiential learning and progressive curriculums to ensure competitive edge in the rapidly evolving business landscape.