Introduction

Are you aspired by the success of technology companies like Google and BGI which bring real impact to humankind? Do you want to start your own company and convert your new ideas and research achievements into commercially viable products and services?

Here comes an opportunity for you to realize your dream by translating your new technologies into business opportunities.

TSSSU@HKU is an award scheme that provides funding support to technology start-up companies formed by HKU members. This is leveraging on a funding scheme, “Technology Start-up Support Scheme for Universities” (TSSSU), provided by the Innovation and Technology Commission (ITC) for the six local universities, under which ITC will provide each university an annual funding of up to HK$4 million to encourage technology start-ups. We named our award scheme as “TSSSU@HKU” because it is the HKU implementation of TSSSU. Companies awarded under the scheme will be funded for no more than 3 years with a maximum amount of HK$1.2 million per year.

Eligibility

An Eligible Applicant must be from one of the following:

  1. current full-time professoriate staff of HKU;
  2. current full-time or part-time students of HKU;
  3. graduate of HKU for no more than 3 years as of the Cut-off date, unless the alumnus is an awardee of the last round.

The application for TSSSU@HKU must be made by a team (i.e. more than one person), comprising at least one Eligible Applicant.
The cash funding will be provided to a start-up company registered in Hong Kong and formed by the team. The technology start-up company has to be registered by the Closing date of the current application year. The start-up company must also be registered in Hong Kong for not more than two years as of the Cut-off date, unless the company is an awardee of the last round.
Preference will be given to inventions, technologies and intellectual properties developed at HKU.

Closing date / Submission deadline: 15 January 2017 5:00 pm (Hong Kong Time)

Cut-off date: 28 February 2017

 

How to apply

Please refer to the Operation Plan for TSSSU@HKU to find out more about TSSSU@HKU including the objectives, the eligibility, the assessment criteria, the financial arrangement and audit requirement for successful application.

Eligible Applicant should :-

  1. Read the Operation Plan for TSSSU@HKU.
  2. Complete and submit the application form with all relevant supporting documents (such as business proposal and a complete financial plan) electronically to:

    Email: tsssu@tto.hku.hk

    and return 1 set of signed hardcopy within 3 working days of the Closing date to:

    TSSSU@HKU
    Technology Transfer Office
    The University of Hong Kong
    Room 405A, Cyberport 4, 100 Cyberport Road, Hong Kong

    NOTE: If your team includes HKU students and/or alumni, please attach copies of their student ID cards/graduation certificates for our verification of their HKU identity.

Important documents:

  1. Operation Plan for TSSSU@HKU 2017 [15 November 2016 edition]  (
    PDF format logo PDF)
  2. Application Form [December 2015 edition]   /
  3. ITC Guidelines on Technology Start-up Support Scheme for Universities [May 2017 edition]  (
    PDF format logo PDF )
  4. TSSSU Q&A [Version as at July 2015]   

Closing date / Submission deadline: 15 January 2017 5:00 pm (Hong Kong Time)



The governing version of this funding scheme is based on the document titled "Operation Plan for TSSSU@HKU", which shall prevail in case there are any inconsistencies between this online webpage and the document.

Information Session

Date:2 December 2016 (Friday)
Time:1:00pm - 2:00pm
Venue:CBA, G/F, Chow Yei Ching Building

Download PowerPoint Presentation: PDF format logo PDF

Related resources

Information Session of TSSSU@HKU
PowerPower Presentation

List of TSSSU Awardees
http://www.itf.gov.hk/l-eng/TSSSU_directory_u.asp#HKU

Entrepreneurship Academy - How to Build a Business with your Innovation and Invention
http://tto.hku.hk/ea

Hong Kong Science & Technology Park - TechnoPreneur Partnership Programme (TPP)
http://www.hkstp.org/en-US/Services-Programmes/TechnoPreneur-Partnership-Programme-(TPP)/Overview.aspx

Cyberport - CCMF (Cyberport Creative Mico Fund) and Incubation Programme
http://www.cyberport.hk/en/about_cyberport/our_5_centres/entrepreneurship_centre/about_ec_what_we_offer

CoCoon - Born to fly
http://www.hkcocoon.org/

Business Start-up Information Service
https://www.success.tid.gov.hk/english/bus_sta_up_inf_ser/bus_sta_up_inf_ser.html

Write a business plan by GOV.UK
https://www.gov.uk/write-business-plan

Information for TSSSU@HKU Awardees

2016-2017

Reminder for TSSSU@HKU 2016 awardees:-

  1. Please submit a half-yearly interim report of your company to TTO no later than 15 October, 2016 (Clause 45 of the Operation Plan)  ; and
  2. Please complete the relevant section in Annex D(ii) and submit the completed form with an annual report of your company to TTO no later than 31 May, 2017 (Clause 45-46 of the Operation Plan)  ; and
  3. Please submit [1] a completed reimbursement request form (Annex B) and [2] the audited accounts of expenditure and the auditor’s report for the previous Government financial year in accordance with the ‘Notes for Auditors’ at Annex C to TTO no later than 30 June, 2017 (Clause 44 of the Operation Plan).

Application documents for the 2016-17 Government Financial Year:

  1. Operation Plan for TSSSU@HKU 2016 [18 March 2016 edition]  (
    PDF format logo PDF )
  2. ITC Application and Reimbursement Guidelines [May 2017 edition]  (
    PDF format logo PDF )
  3. Annex A - Application Form [December 2015 edition]   /
  4. Annex B - Reimbursement Request for the 2016-17 Government Financial Year [May 2017 edition]  
  5. Annex C - Notes for Auditors [May 2017 edition]  
  6. Annex C(i) - Specimen Auditors’ Report and Statement of Expenditure [May 2017 edition]  
  7. Annex D(ii) - Assessment of Technology Start-up for the 2016-17 Government Financial Year [May 2017 edition]  
  8. Annex E - Request for Material Modifications to the TSSSU Budget [May 2017 edition]  
  9. Request for Material Modifications not covered by Annex E  
  10. TSSSU Q&A [Version as at July 2015]   


The governing version of this funding scheme is based on the document titled "Operation Plan for TSSSU@HKU", which shall prevail in case there are any inconsistencies between this online webpage and the document.

Enqiries

Please send your questions to

Director, Technology Transfer Office
The University of Hong Kong
Phone:+852 2299 0111
Fax:+852 2299 0122
E-Mail:tsssu@tto.hku.hk
Website:http://www.tto.hku.hk