Technology Start-up Support Scheme for Universities (TSSSU)
HKBU TSSSU is a "company start-up" scheme bringing R&D results from campus to the real world by:
- encouraging more entrepreneurial activities at the University
- facilitating more commercial development of HKBU’s intellectual property rights (IPR) and technology developed at the University
- motivating spin-off companies to commercialise the IPR and technologies developed at HKBU
Participants - staff, students and eligible alumni - would be able to benefit from the scheme as below in different ways:
- expertise on advising technology companies on their research direction and technology development
- entrepreneurial experiences
- fresh impetus given to the innovation ecosystem of technology start-ups
ITC will provide an annual funding of up to HK$8 million to each university on a reimbursement basis for expenses incurred by the University recommended technology start-ups.
To further strengthen the support for start-ups, in addition to the original component of the Scheme (which will be termed “TSSSU-O” hereafter), an enhancement measure has been introduced starting from 2023-24 to provide dollar-to-dollar matching funds to those start-ups which have demonstrated good growth potential through securing investment from private sector (which will be termed “TSSSU+” hereafter).
In other words, from 2023-24 onwards, TSSSU comprises TSSSU-O and TSSSU+. The annual funding of up to HK$16 million is provided to the University. An overview is illustrated below for reference.
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|
TSSSU-O |
TSSSU+ |
|
(a) Annual funding ceiling for each university |
HK$8 million |
HK$8 million |
|
(b) Annual funding ceiling for each start-up |
HK$1.5 million |
HK$1.5 million |
|
(c) Maximum number of funding years for each start-up |
3 consecutive years*, provided that the respective start-up has not been funded under TSSSU+ |
3 consecutive years, same as TSSSU-O |
* If a funded start-up has made reasonable progress in its R&D and/or business performance, the associated university may recommend such start-up for continued funding for the second or the third year. The three-year period should count consecutively from the first year that a start-up is approved for TSSSU‑O or TSSSU+ funding. If a start-up is first approved for funding in 2024-25 (Year One) and only applies for continued funding in 2026-27 (Year Three), it will not be eligible for seeking further funding in 2027-28 (Year Four).
Enquiry
Email: kto_tsssu@hkbu.edu.hk
Tel: Mr. Steven Yip 3411 8075
An “eligible applicant member” must be from one of the following:
- Current full-time professor or other faculty member of HKBU;
- Current full-time or part-time student of HKBU;
- Alumni of HKBU who have graduated for no more than 10 calendar years from the date stipulated by HKBU (this refers to the Close of Application Date of HKBU TSSSU).
Application for the HKBU TSSSU must be received from a team (i.e. more than one person) comprising at least one eligible applicant member wherein the eligible applicant member must be a "significant team member".
The applicant technology start-up must be a company, regardless of size, registered under the Companies Ordinance. Details of the eligibility under TSSSU-O and TSSSU+ are as follows –
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TSSSU-O |
TSSSU+ |
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(a) Years of establishment |
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|
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(b) Secured private investment |
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Priority will be accorded to IPR developed and protected at HKBU.
For eligible applicants who may be interested in licensing HKBU’s IPs, please see the patent database by visiting our website: http://kto.hkbu.edu.hk/eng/patent-record-search
The documents below can be downloaded HERE
- HKBU TSSSU Application Checklist
- HKBU TSSSU Team's Declaration Form
- HKBU TSSSU Application Form [HKBU-TSSSU-Annex A_2024-25]
- HKBU TSSSU Application – CV Template [HKBU-TSSSU-Annex A(i)_2024-25]
- HKBU TSSSU Application – Investment MOU Template
- Guidelines for HKBU Technology Start-up Support Scheme
- HKBU TSSSU_Business Proposal Outline (For Reference Only)
- HKBU TSSSU Application - IRIMS User Guide (For HKBU Teaching Staff Only)
- Demonstration of Creating an Application on IRIMS
- ITC TSSSU Guideline
- ITC TSSSU FAQ
Important Note:
- The Guidelines are subject to further refinements and are not final, but they do serve as a good reference. Please contact the Knowledge Transfer Office for any updates to the Guidelines prior to submitting your HKBU TSSSU application.
- For HKBU Alumni, please send email to kto_tsssu@hkbu.edu.hk for requesting relevant application documents.
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Points to Note |
Deadline for 2024-25 TSSSU-O Submission |
Deadline for 2024-25 TSSSU+ Submission (Extension) |
|
|
1 |
Submit “Team's Declaration Form” |
by 5:00 pm (Hong Kong Time) 10 November 2023 (Friday) |
by 5:00 pm (Hong Kong Time) 5 December 2023 (Tuesday) |
|
2 |
Applicants should read the "Guidelines for HKBU Technology Start-up Support Scheme for Universities" with explanatory notes thoroughly and submit all items as stated in the “HKBU TSSSU Application Checklist” to kto_tsssu@hkbu.edu.hk via email by providing the zipped folder in Google Drive link with share access to kto_tsssu@hkbu.edu.hk |
by 5:00 pm (Hong Kong Time) 24 November 2023 |
by 5:00 pm (Hong Kong Time) 5 December 2023 |
|
3 |
For the team with professor(s), one professor representative is required to submit online application through HKBU’s Integrated Research and Information Management System (IRIMS)* |
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4 |
Applicants must also submit one signed hard copy of all items to KTO office (Address: DLB 825, David C. Lam Building, 34 Renfrew Road, Shaw Campus, Hong Kong Baptist University, Kowloon Tong, Hong Kong) |
within 1 calendar week after the Close of Application Date (i.e., 1 December 2023) |
within 1 calendar week after the Close of Application Date (i.e., 12 December 2023) |
*HKBU’s Integrated Research and Information Management System (IRIMS) was launched in 2021.
The results will be announced to the applicants within 6 months from deadline of their applications. Any unforeseen delay will be announced to all applicants as soon as possible.
Each successful teams will have 14 calendar days from the date of offer to accept the offer.
| Companies | Years | |
| ANA Artwork Material Analysis Limited (安娜藝術品科學分析有限公司) (Ceased Operation) | 2014-15, 2015-16, 2016-17 | |
| Cathay Photonics Limited (國泰光電有限公司) | 2014-15, 2015-16, 2016-17 | |
| OPER Technology Limited (薈新科技有限公司) | 2014-15, 2015-16, 2016-17 | |
| Flow Imaging Technology Limited (Ceased Operation) | 2014-15 | |
| R&P Technology Limited | 2014-15, 2015-16 | |
| Booguu Company Limited (步固有限公司) | 2016-17, 2017-18, 2023-24 | |
| Hong Kong Authentication Centre of Valuable Chinese Medicines Limited (香港名貴中藥檢定中心有限公司) | 2017-18, 2018-19, 2019-20, 2023-24 | |
| Gihon Biotech Limited (基訓生物科技有限公司) | 2017-18, 2018-19, 2019-20, 2023-24 | |
| New Life Medicine Technology Company Limited (新生命醫藥科技有限公司) | 2017-18, 2018-19, 2019-20 | |
| Mat-A-Cell Limited | 2018-19, 2019-20, 2020-21 | |
| BP InnoMed Limited (創延生物醫藥科技有限公司) | 2019-20, 2020-21, 2021-22 | |
| Crimson Vision Technology Limited (宏視科技有限公司) | 2019-20, 2021-22, 2023-24 | |
| CD133 Innovation Limited (幹科技有限公司) | 2019-20, 2020-21 | |
| MIND and Tech Limited (邁思科科技有限公司) |
2019-20, 2020-21, 2021-22 | |
| Smilie Technology Limited (笑妙科技有限公司)* (Ceased Operation) | 2019-20 | |
| Herbap Biotech Limited (康博生物科技發展有限公司) |
2020-21, 2021-22, 2022-23, 2023-24 | |
| CP2JOY IT CO. LIMITED* | 2020-21, 2021-22 | |
| HK-Dtech Limited |
2021-22, 2022-23, 2023-24 | |
| LuminMed Limited (健螢科技有限公司) | 2021-22, 2022-23, 2023-24 | |
| iCounseling International Company Limited (國際網絡輔導中心有限公司)* | 2021-22, 2022-23, 2023-24 | |
| IntelligenceX Limited (六域科技有限公司) |
2022-23, 2023-24 | |
| MicroFlow Innovation Limited | 2022-23, 2023-24 | |
| Online Companion Limited (網上同行有限公司) |
2022-23, 2023-24 | |
| Prime Biosensing Technology Limited (優感科技有限公司) | 2022-23, 2023-24 | |
| Minotaur Pictures Limited | 2022-23, 2023-24 | |
| Enter-Link Limited (譯點通有限公司) |
2022-23, 2023-24 | |
| TadReamk Limited (泰德瑞科有限公司) |
2022-23, 2023-24 | |
| EC Bot Limited | 2022-23, 2023-24 | |
| Immersive Unlimited Limited | 2022-23, 2023-24 |
Note:
* TRACK 2 (BU Plus) TSSSU awardee
ACKNOWLEDGEMENT
Innovation and Technology Fund (ITF) supported by Innovation and Technology Commission, the Government of the Hong Kong Special Administrative Region.
