Program details
Technology Start-up Support Scheme for Universities (TSSSU Scheme) 2024-25
TSSSU aims to support CUHK professors, students and alumni to transform their research output into a real business. With the TSSSU funding and dedicated support by ORKTS, CUHK members can focus more on the commercialization of technology and innovation of the University.
The Innovation and Technology Commission (ITC) of the Hong Kong SAR Government has set up the Technology Start-up Support Scheme for Universities (TSSSU) to encourage students, professors, and alumni from the six local universities, including CUHK, to start their own technology companies to commercialize R&D results.
From 2023-24 onwards, TSSSU comprises TSSSU-O and TSSSU+. TSSSU-O is the original component of the scheme which provides funding support to start-ups to commercialize the R&D results and innovative ideas. TSSSU+ is an enhancement measure to provide dollar-to-dollar matching funds* to start-ups which have demonstrated good growth potential through securing investment from private sector.
What will TSSSU Scheme give you?
Financial Support
- (Successful TSSSU-O applicants) may receive up to HK$ 700,000 funding per year in 2024-25 for potentially up to three years
- (Successful TSSSU+ applicants) may receive up to HK$ 1,500,000 matching fund per year in 2024-25 for potentially up to three years
Business and Technical Support
- Potential to join HKSTP’s Incubation Programme*
- Access to potential investors and industry partners
- Mentorship from experienced entrepreneurship consultant
*Subject to conditions
Eligibility of Person-in-Charge (PIC)
- Current Full-time Students (either UG or PG), or
- Current Full-time Professors, or
- Alumni graduated within the last 36 months, unless the alumnus/alumna is an awardee of the last round of TSSSU
For more details, please visit https://www.orkts.cuhk.edu.hk/en/knowledge-transfer/funding/pilots-program-tsssu-fund
Application Deadline: 17 Nov 2023 (Fri), 5PM^
^The applicant must submit the online application. After complete the online application, a signed application form, with endorsement and supporting documents as listed in Section C of Annex A in hard copy, must be submitted in person to ORKTS at Unit 1A, 1/F, InnoPort, The Inter-University Hall by 5:00pm on Friday, 17 Nov 2023.