Impact Innovation Lab (The Lab) is now accepting applications for seed funding! The Elementary Training for the Third Cohort was conducted in January 2024, which included a series of courses and activities aimed at equipping participants with essential skills and knowledge for running their social innovation projects. Now, The Lab is launching an open call for social innovation ideas and accepting applications for seed funding until February 21, 2024. Selected incubatees will receive up to $100,000 in seed capital and enter a six-month incubation period. With guidance from multidisciplinary experts, access to resources from a makerspace space, and commercial referrals, The Lab turns startup ideas into reality.
This open call is open to:
• Permanent residents of Hong Kong who are 18 years old or above
• Teams of one to five members
• Proposals related to local poverty alleviation, social inclusion, fostering well-being and cohesion of society
17 projects for incubation have been selected in the first two cohorts. The selected incubatees offer products or services that target to address various social issues, including mobile application development for supporting elderly caregivers, innovative rehabilitation services which combine physiotherapy and creative dance, etc. These social ventures aspire to make positive changes in society.
For more information about the online application process, proposal requirements, timeline, and evaluation criteria, please refer to the following links:
Cohort 3 – Apply for Seed Funding
Deadline: By February 21, 2024 (Wed, HKT 17:00)
Proposal Submission: https://makerbay.academy/event/impact-innovation-lab-cohort-3-application-for-seed-funding/
About Impact Innovation Lab: https://makerbay.net/impact-innovation-lab/
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Key Features of PAG
- Applications are invited all year round.
- Applies to patent applications anywhere in the world.
- Maximum funding support: HK$250,000 or 90% of the sum of the total direct costs of patent application
(including the cost for patent search-cum-technical assessment), whichever is the lower. - The grant is non-transferrable and valid for 3 years from the date of approval of the application.
- Applications will be processed through HKPC on a confidential basis.
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Eligibility
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Basic Eligibility
- Locally incorporated companies; or
- Hong Kong permanent residents; or
- Hong Kong residents permitted to remain in Hong Kong for not less than 7 years
AND
which/who have never owned any patents in any countries or territories nor received funding under the PAG before will be eligible.
Individual Applicant 
Company Applicant The applicant must be the sole inventor or one of the joint inventors of the invention. The inventor(s) of the invention shall be directly-related party/parties to the applicant company, e.g. owner, shareholder, director or staff. The PAG is for first-time patent seekers only, funding support will not be provided if funding has been granted under the PAG to the applicant company’s related company(ies). For example, company(ies) having a major shareholder (viz. those with 50% or more ownership) in common with the applicant company or company(ies) without major shareholder(s) but having shareholders identical to those of the applicant company) before.
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How to apply
Submit your application here: https://bee.hkpc.org/funding-schemes/pag/?tab=application
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PAG X TEC
HKU TEC is collaborating with the program to assist HKU members in benefiting from the scheme. On May 24, 2024, we invited PAG to our campus to conduct a seminar for more information. The topic is “Unlock the Power of Innovation: Maximize Value and Minimize Risk with Patent Protection”. Join us for an exclusive event where we’ll explore the crucial aspects of patent protection to help you unlock innovation and secure your intellectual property rights.
Seminar 1: Unlock the Power of Innovation: Maximize Value and Minimize Risk with Patent Protection
Date: 24 May 2024 (Friday)
Time: 4PM – 5PM
Location: LG1/F – KKLG103, K.K. Leung Building, Main Campus of The University of Hong Kong
Speaker: Miss YIP Wing Lam, Cody (葉頴霖小姐), Associate Principal Consultant (助理首席顧問)Register Now: https://forms.office.com/r/D5LViiiz8y