Research and Development Cash Rebate Scheme

Target Industry:

Technology Development

Purpose:

To reinforce the research culture among private companies and encourage them to establish stronger partnership with designated local public research institutions

Eligibility:

1) Projects under the Innovation and Technology Fund (ITF) (ITF projects); or

2) Projects funded entirely by the companies and conducted by the designated local research institutions (“Partnership projects”)

For Partnership Projects, the following R&D work or activities will not be eligible.

  • Project enhancement and customisation, conventional operation or/and business activities without any research content (e.g. product design and general system automation); and
  • Research projects outside the science and technology fields (such as market research and management studies).

Support/Funding Details:

A cash rebate equivalent to 40% of a company’s expenditure


Please click here for further information

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