Up to HK$6M for your
start-up at Science Park
Hong Kong Science Park pays the start-ups it incubates in cash and rent: up to HK$1.29M over 3 years for tech, and up to HK$6M over 4 years for biomedical start-ups with Incu-Bio. We work out whether yours can get in and how much it could receive.
Book a consultationover 3 years
over 4 years
per month
(future shares)
Key facts: Incubation Programme or Incu-Bio
| Incubation Programme | Incu-Bio | |
|---|---|---|
| For | Tech start-ups: electronics, ICT, materials and precision engineering, green technology | Biomedical start-ups: diagnostics, therapeutics, medical devices and other biomedical areas |
| Length | 3 years | 4 years |
| Cash | HK$840,000, paid at 6 milestones | HK$5.4M, paid at 8 milestones |
| Rent subsidy | HK$450,000 (HK$12,500 a month) | HK$600,000 (HK$12,500 a month) |
| Total | HK$1.29M | HK$6M |
| Equity for HKSTP | A SAFE, signed after Demo Day to enter year 2 | A SAFE, signed after the first Demo Day to enter year 2 |
| Company age | Incorporated in Hong Kong within 5 years | Incorporated in Hong Kong within 2 years |
| Founders' shares | At least 51%, held directly | At least 33% |
| Team | At least 2 full-time staff, half of them doing the core R&D at Science Park | At least 2 full-time staff, half of them doing the core R&D at Science Park |
From HKSTP's programme guides: Incubation Programme v13 (26 March 2026) and Incu-Bio v10 (6 October 2026).
WHAT THE GUIDE DOESN'T TELL YOU
HKSTP's guides say what it pays. These questions decide whether your start-up gets in, and how much it ends up with. We answer them for your company in your session.
Does your shareholding pass?
HKSTP checks every shareholder up to the top company. Group-owned and overseas set-ups often fail here without knowing it.
What will the SAFE cost you?
To stay past year 1, you give HKSTP a right to future shares. Know what it does to your next funding round before you sign.
When does the money arrive?
Cash is paid only at the milestones you pass. Your plan has to carry the company between payments.
What else can an incubatee get?
Being an incubatee opens the door to more funding. Which schemes you add, and in what order, changes the total you receive.
HOW KONIN HELPS
We help start-ups get into Science Park and charge a consulting fee only. The funding is all yours.
Initial feasibility assessment
Find out whether your start-up can get into HKSTP, and how much it could receive.
- Send us the basics of your company and plan, and we take it from there
- Which programme fits, and whether your shareholding and team pass HKSTP's tests
- A Go or No-Go by the end of the 30-minute session, or your fee back
- We sign an NDA if you need one
30 minutes · HK$480Book a session →
Implementation roadmap report
A written plan of the funding: how much, what it can pay for, and when the money arrives.
- How much HKSTP could pay your start-up, and what the cash and the rent subsidy can cover
- How the money is paid, milestone by milestone, and the conditions that come with it, including the SAFE
- What HKSTP requires of your company before you apply
- What to expect in the application, at the panel and at Demo Day
- A funding timeline: HKSTP, plus the other schemes you can add as an incubatee
- One round of follow-up questions on the report
Built on what we learn in your session.
Application preparation package
The lower-cost option: one set of instructions for your team to prepare the application yourselves.
- How to set out the business plan and the milestone plan, which every cash payment is measured against
- What each part of the application asks for, and what HKSTP's panel expects to see
- How to present your technology, team and market at the panel presentation
- Wording that can cost you a place, and what to write instead
Full service
We prepare your application and see it through to HKSTP's decision, so you can keep running your business.
- We write the business plan and the milestone plan with you
- We prepare you for the interview with HKSTP and the panel presentation
- We handle HKSTP's questions and document requests until the decision
- Expected dates from application to your first payment
Your session and report fees are credited towards the full service fee.
FAQ
What is HKSTP incubation?
Hong Kong Science and Technology Parks Corporation (HKSTP) runs incubation programmes for early-stage technology start-ups at Hong Kong Science Park. Admitted companies get cash at each milestone, subsidised space, labs and business support.
Which programme is for my company?
Incu-Bio is for biomedical start-ups: diagnostics, therapeutics, medical devices and other biomedical areas. The Incubation Programme covers electronics, ICT, materials and precision engineering, and green technology.
Does HKSTP take equity?
Yes, from year 2. To continue after Demo Day at the end of year 1, the company (or its parent, if HKSTP asks) signs a SAFE that gives HKSTP a future equity position. Companies that don't sign leave after year 1.
When can I apply?
The Incubation Programme accepts applications at any time. If an application fails, you can apply again after 3 months.
How does the application work?
You submit an online application with a business plan, a milestone plan for the whole programme and company documents such as shareholder records and staff CVs. Eligible applicants meet HKSTP first, then present to the assessment panel and answer its questions.
Can we get other government funding too?
HKSTP doesn't allow other Hong Kong government funding for the same project unless it agrees in writing. Other schemes can still add to what HKSTP pays. Which ones, and when, is part of your roadmap report.
Can an overseas company apply?
Yes, through a company incorporated in Hong Kong that meets HKSTP's shareholding rules. How to set this up is one of the first things we look at in your session.
How do I start?
Book a consultation. Send us the basics of your company and plan, and we tell you whether you can get in, which programme fits and how much you could receive. We sign an NDA if you need one.