Guangdong-Hong Kong TCFS open for applications

One of the categories features 37 specific themes in different technology areas.

The Innovation and Technology Commission (ITC) is now accepting applications for the 2020 Guangdong-Hong Kong Technology Cooperation Funding Scheme (TCFS) until 23 October, an announcement revealed.

There are three categories of projects under the scheme. The first one is funded by the Innovation and Technology Fund (ITF) of Hong Kong and open to Hong Kong institutions. The second category is funded by the relevant Mainland authorities and open to Mainland institutions.

The third category is jointly funded by the Guangdong and Hong Kong governments or the Shenzhen and Hong Kong governments. Hong Kong and Mainland institutions can submit applications to the ITC and the relevant Mainland authorities respectively.

Further, a government spokesperson added that there are 37 specific themes or topics in different technology areas under the third category this year. The areas are said to be relevant to industry needs and aims to enhance economic development in the Greater Pearl River Delta region.

Launched in 2004, the scheme provides funding for applied research and development projects in Guangdong and Hong Kong to enhance collaboration between universities, research institutes and technology enterprises of the two places, and to upgrade the technological level of the industries in the Greater Pearl River Delta region.