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NGOs & Social
Enterprises

Major service

5 major areas of government funding

Corporate Finance Advisory

Innovation and Technology
Fund for Better Living (FBL)

The Innovation and Technology Fund for Better Living ("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$500 million is expected to operate for 5 years with effect from 2017.

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​Social Enterprise Development

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Innovation and technology content

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Social benefit

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The funding ceiling is 90% of the total eligible expenditure of the project

For more details about the  Scheme, please visit Innovation and Technology Bureau or contact us

Eligibility

Eligible Applicants include:

  • Non-governmental organisations receiving subvention from the Social Welfare Department

  • Public bodies under Section 2 of the Prevention of Bribery Ordinance (Cap. 201), except the Government Bureaux/Departments, the Executive Council and the Legislative Council

  • Professional bodies

  • Trade associations

  • Social service organisations exempted from tax under Section 88 of the Inland Revenue Ordinance (Cap. 112)

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The above organisations should either be registered under the Companies Ordinance (Cap. 622) or the former Companies Ordinance (Cap. 32); or statutory corporations established under any Ordinances in Hong Kong. Other organisations may also be considered under exceptional circumstances.

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Project requirements:

  • The project must be able to benefit the public or special communities, and be in line with government policies

  • The project must be innovative application technology

  • The fund supports different project themes, such as daily life, education, environment, health, safety, transportation, etc., which will benefit the society

  • Project results can be in different forms, including mobile applications, products, devices, equipment, tools, services, software, or other forms with good reasons

  • The project results must be developed and launched within 12 months, and operate continuously for at least two years after launch (except for one-off projects)

  • The funding limit for each approved project is 90% of the project’s eligible total expenditure or HK$5 million

  • The project is not profitable during the funding period

  • The project must be mainly developed in Hong Kong

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Contact to obtain your best funding strategy

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+65 8925 4805 (Whatsapp)

7/F TusPark, 118 Wai Yip Street, Kwun tong, Kowloon, Hong Kong

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