TSSSU university tech start-up funding
Tech start-up funding for teams linked to the six UGC-funded universities (CityU / HKBU / CUHK / PolyU / HKUST / HKU): up to HK$1.5M per start-up per year, for up to 3 years. You apply through your university's technology transfer office, which forwards it to ITC — you can't apply directly, and reimbursement-on-actuals means you front the cash.
Your tech start-up team includes a current student / postgraduate / alumnus / staff member of one of the six UGC universities, and you want funding to launch or scale.
Your team has no link to the six universities (see HKSTP / Cyberport); or it's not a tech business (see BUD).
- Deadline / window
- Annual — submitted via your university's technology transfer office, with each university setting its own deadline
- Duration
- Up to 3 years per company
- Company age
- TSSSU-O: incorporated ≤2 years / TSSSU+: incorporated ≤7 years
- For whom
- Tech start-up teams linked to the six UGC-funded universities (including current students / postgraduates / alumni / staff)
- Application form + business plan, submitted to your university's technology transfer office (each university sets its own forms / guidelines)
Two tracks
Both offer up to HK$1.5M per company per year for up to 3 years; they differ on company age and whether matching private investment is required.
What can it cover?
Necessary start-up and operating costs: furniture and equipment, legal and accounting services, rent, staff, R&D, and promotion and marketing. Reimbursed on actuals after the financial year, with up to 25% available as an advance.
- 1
Contact your university's technology transfer office
You can't apply to ITC directly for TSSSU — it must go through the knowledge / technology transfer office of one of the six universities.
Pitfall: Going to ITC to apply directly — the wrong door.
- 2
Prepare materials to the university's deadline
Each university sets its own forms, guidelines and deadlines; prepare a business plan.
Pitfall: Schedules differ by university; miss the internal deadline and you wait for next year.
- 3
University review → forwarded to ITC
The university assesses and forwards it; TSSSU+ requires proof of matching private investment.
Pitfall: Choosing TSSSU+ but unable to produce the matching investment — ineligible.
- 4
Approved → reimbursed on actuals (25% advance available)
Reimbursed against actual spending after the financial year.
Pitfall: Reimbursement-on-actuals means fronting the cash; without cash-flow planning it gets tight.
- 01Have a university link → contact your university's technology transfer office first for this year's deadline and forms.
- 02Incorporated ≤2 years and want full funding → go TSSSU-O; ≤7 years with private investment → go TSSSU+.
- 03No university link → look instead at HKSTP / Cyberport seed and incubation.
Each university publishes its own deadlines, forms and required documents; turnover / employees are not scheme thresholds. Amounts follow the latest official figures.
Sources
- S33 创新科技基金 ITF/TSSSU