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Mainland-Hong Kong R&D funding scheme launched

The R&D work will focus on biotechnology, AI, and sustainability engineering and technology.

The Innovation and Technology Commission has launched the 2024 Mainland-Hong Kong Joint Funding Scheme, inviting proposals for collaborative applied research and development (R&D) projects between institutions in Hong Kong and Mainland China.

With a focus on fostering innovation in biotechnology, artificial intelligence, and sustainability engineering and technology, the scheme encourages joint R&D efforts that span both regions.

Moreover, applicants are required to simultaneously submit proposals to both the commission and the Ministry of Science and Technology (MOST).

In addition to financial support for participating organizations from both Hong Kong and the Mainland, the commission and MOST will oversee project advancement, each adhering to their respective monitoring protocols.

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