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Government funding

HSITP SPIN Startup Programme

The first rung of the HSITP (Hong Kong-Shenzhen Innovation and Technology Park) three-tier ladder: SPIN@HSITP, a one-year structured seed programme with seed funding up to HK$150K (two instalments against 6-monthly milestones), plus an entrepreneurship academy, mentorship and shared office space. For early-stage teams or HK companies under 2 years old in life & health tech or AI/data science; strong performers can be nominated to IGNITE.

This fits you if

You have an innovative idea / early-stage team in life & health tech or AI/data science, are willing to move into the HSITP in the Loop, and want a first non-dilutive seed grant plus structured training and mentorship (founders holding ≥51% combined).

This is not for you if

Your company is over 2 years old / past the seed stage → go straight to IGNITE; not in life & health / AI, or unwilling to move into the Loop → compare HKSTP Incubation / Cyberport CIP.

Key figures
Funding
Seed up to HK$150K

two instalments[S97]

Duration
1year, assessed against 6-monthly milestones[S97]
Eligibility
HK company ≤2 years, founders ≥51%, park residency required[S97]
Hong Kong-Shenzhen Innovation and Technology Park Limited (HSITP)Annual
Seed funding up to HK$150K, disbursed in two instalments (assessed against 6-monthly milestones)
Deadline / window
One intake per year; the last round (2025 cycle) closed 2025-12-30; next round to be announced
Duration
1 year
Company age
Hong Kong-registered private company under 2 years old; team applicants must register as an HK company within 2 weeks of acceptance; founders holding ≥51% combined
For whom
Innovative ideas / early-stage teams in life & health tech or AI & data science; must move into (or commit to moving into) the HSITP; may not join another incubation programme at the same time
Documents
  • Online application (HSITP incubatee portal)
  • Business plan (technology / team / commercialisation)

What you get

Seed funding up to HK$150K (two instalments against 6-monthly milestones) + an entrepreneurship academy (business planning, pitch training) + mentorship from incubators and industry partners + shared office space in the Loop park (subject to availability). Strong performers can be nominated to IGNITE@HSITP.

Where it sits in the ladder

SPIN is the first rung of the HSITP three-tier ladder (SPIN → IGNITE → GAS): the seed stage turns an idea into a viable business plan, after which you can be nominated up into incubation (IGNITE) and expansion acceleration (GAS). If you already have a company and want to commercialise R&D, look at IGNITE directly.

How to apply
  1. 1

    Check eligibility

    Confirm you're in life & health / AI, an HK company under 2 years old (or a team willing to register within 2 weeks of acceptance), founders holding ≥51%, and willing to move into the Loop.

    Pitfall: Founders below ≥51% are disqualified outright.

  2. 2

    Prepare your business plan

    Set out the technology, team and commercialisation path; prepare to pitch.

    Pitfall: Applying to another incubation programme at the same time disqualifies you.

  3. 3

    Submit online → panel interview

    Via the HSITP incubatee portal: online application → screening → panel interview → offer acceptance → due diligence & signing.

    Pitfall: Team applicants must register as an HK company within 2 weeks of acceptance.

  4. 4

    Enter the programme → draw seed in two instalments

    Disbursed against 6-monthly milestone assessments; use the academy, mentors and shared space at the same time.

Next steps
  1. 01Early / idea stage in life & health or AI → apply for SPIN (up to HK$150K).
  2. 02Already incorporated and commercialising R&D → look at IGNITE directly (up to HK$6M).
  3. 03Enquiries ecosystem@hsitp.org / +852 3189 1590; apply via hsitp-crm-incubatee.powerappsportals.com.

Amounts, terms and eligibility come from the HSITP official SPIN sub-page (verified 2026-07-18). The 2025-12-30 deadline is the previous (2025) cycle's — kept so readers can keep watching, but the next round's deadline is subject to official announcement.