The Innovation and Technology Commission (ITC) today (December 19) expanded the funding scope of the Public Sector Trial Scheme (PSTS) and the Internship Programme under the Innovation and Technology Fund (ITF). 
      
     To support local start-ups, the PSTS has been extended to include incubatees of the Hong Kong Science and Technology Parks Corporation (HKSTPC) and Cyberport for trials of their technologies or products in the public sector. The funding ceiling for each project is $1 million.
      
     To encourage university graduates to pursue a career in innovation and technology and nurture more technology talents, the Internship Programme has also been extended to cover incubatees and small and medium enterprise tenants of the HKSTPC and Cyberport, subsidising them to recruit up to two graduates from local universities as interns. Depending on his or her academic qualification, each intern will be offered a monthly allowance ranging from $14,000 to $16,500.
            
     Further information and application details on the PSTS and the Internship Programme are available on the ITF website (www.itf.gov.hk) and can be obtained from the ITF Secretariat at 21/F, West Wing, Central Government Offices, 2 Tim Mei Avenue, Tamar, Hong Kong (Tel: 3655 5725; fax: 2957 8726; email: enquiry@itf.gov.hk).

Ends/Monday, December 19, 2016
Issued at HKT 15:00

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