NIAS supports new smart production facilities in life and health technology, AI and data science, or advanced manufacturing and new energy technology. Funding is on a 1:2 government-to-enterprise basis, capped at one-third of approved cost or HK$200 million per enterprise, whichever is lower.
Treat it as an investment case, not an equipment list
At this scale, assessors need to see why production belongs in Hong Kong, who will buy the output and how the facility will remain commercially viable after the funding period. Capacity forecasts should connect to named product families, validation stages and realistic customer demand rather than one headline utilisation rate.
The published criteria give 35% to social or economic benefits. Quantify skilled jobs, local R&D, supplier activity, production value and any capability that Hong Kong does not currently have. Use assumptions that a reviewer can trace, and distinguish firm commitments from estimates.
Build one integrated critical path
The site, utilities, specialist fit-out, imported equipment, regulatory approvals, recruitment and trial production are not separate stories. Put them on one critical path and show which party owns each dependency. A delayed cleanroom or power upgrade can make an otherwise sensible equipment schedule meaningless.
The scheme may consider specialised facilities and essential related renovation or construction, but not ordinary building work simply because it sits inside a factory project. Break the cost plan into eligible production infrastructure, supporting items and costs the company will carry itself.
Plan for the years after commissioning
Unless the Government approves otherwise in writing, funded facilities cannot be transferred to another party or moved outside Hong Kong within five years after completion. The company must also create a legal charge over the relevant facilities in favour of the Government. These are board-level commitments, not details to leave until agreement signing.
Primary sources
These links are published by the programme operator or responsible authority. Recheck them immediately before applying.
Reviewed by the HK Grant Resource editorial desk on 19 September 2026 against the primary sources above.
Read our verification method →