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Launched in 2011, Micro Fund (MF) is the first funding initiative to cultivate innovative and entrepreneurial ambience in the PolyU community and to promote knowledge transfer and commercialisation of PolyU’s innovations and technologies.


With funding and support up to HK$1.51 million from PolyU and HKSTP Ideation and incubation Programmes, the funding scheme aims to bolster PolyU early-stage start-ups with high-quality business propositions and social impact. 






PolyU Current Students, Alumni, GBA Startup Postdoc, PolyU Staff or PolyU Technology Licensee(s) #
(For details, please read the PolyU MF Application Handbook in the Download Area below.)

# Express License and Trial License Schemes of Intellectual Properties (IPs) of PolyU are recommended for participants’ consideration. For details, please refer to the Express License and Trial License Schemes and IP Portal and fill the Declaration of Use of PolyU Knowledge/Innovations/Technologies at the DOWNLOAD AREA.


Calling For:

Technology X Innovations X Business Projects and Solutions



A maximum of HK$1.51 million funding support, which includes HK$120,000 funding support from PolyU and HK$1.39 million funding opportunities from HKSTP


No. of Projects Supported per Cohort:

Around 40+


Application Period:

Twice a Year -

Cohort 1: 20 Sep - 15 Nov 2023 (Wed), 1:00pm Application Closed

Cohort 2: 6 Feb – 10 Apr 2024 (Wed), 1:00pm Application Closed


Training Element:

5-week Lean Launchpad Programme for market validation (Top Performers ONLY)



Eligible Applicants:

A team with at least one

  • Student (Full-Time or Part-Time) or
  • Alumnus/Alumna or
  • GBA Startup Postdoc or
  • Staff member of PolyU, HKCC or SPEED, or;
  • PolyU technology licensee(s)

  as the Principal Applicant (PA).


Application Process:

The applicants should complete the online application and upload the following documents on or before the application deadline:

  • Pitch Deck (within 15 slides of PPT in English or Chinese)
  • YouTube link of a 3-minute Pitching Video
  • CVs of all team members
  • A copy of student ID/graduation certificate/staff card of each PolyU student or alumnus/alumna or staff
  • Declaration of "Use of PolyU Knowledge/Innovations/Technologies" duly signed/endorsed by PolyU academic staff, if applicable. (Please find the Declaration Form in the Download Area below)


Important Dates of Cohort 2:


Micro Fund Scheme 2023-24 Cohort 2

22 Feb 2024 (Thu) or

20 Mar 2024 (Wed)

Online Briefing Session

1:00 pm, 10 Apr 2024 (Wed)

Application Deadline

Late Apr 2024

Eligibility Screening

13 – 17 May 2024 (Mon – Fri)

Elevator Pitch

Late May 2024

Announcement of Shortlisted Teams & Top Performers

7 Jun 2024 – 8 Jul 2024 

5-Week Lean Launchpad Programme for Market Validation

(for Top Performers ONLY)

Mid-Jul 2024 

Declaration and Disclosure Exercise

14 – 15 Aug 2024 (Wed - Thu)

Final Presentation

Late Aug 2024

Announcement of Awardees



Modelled after similar programmes from the US National Science Foundation I-Corps and Lean LaunchPad Singapore, Lean Launchpad Programme (LLP) is a 5-week evidence-based journey that helps research and start-up teams uncover the market and application potential of their research and project through rigorous market validation and guidance from experienced industry mentors.

Reference from previous LLP projects.


  1. Purpose of Collection

    The personal data provided by you to Knowledge Transfer and Entrepreneurship Office (“KTEO”) of The Hong Kong Polytechnic University (“PolyU”) will be collected, retained, processed, used and transferred (within or outside of Hong Kong) for the following purposes:

    • Processing your inquiries, application, registration or request for services, activities and facilities;
    • Facilitating communications with you;
    • Facilitating implementation of PolyU’s policies and procedures, and monitoring compliance with the same;
    • Enabling PolyU to comply with any applicable procedures, laws, regulations or court orders (in each case whether in Hong Kong or overseas), any requests by government, statutory, regulatory or law enforcement authority, and valid legal processes, ordinances obligations;
    • Conducting quality assurance, surveys and review, statistical analysis, and research; and
    • Other purposes directly relating to any of the above.


  2. You are required to provide your personal data, other than those items indicated as optional. Failure to provide such data may lead to inability to process your application, registration or request for services, activities and facilities, or maintain contact with you.


  3. Disclosure and Transfer of Personal Data

    PolyU will keep your personal data confidential and only authorized members will have access to and handle your personal data. PolyU may disclose or transfer your personal data to service providers and contractors engaged in activities on behalf of PolyU within or outside Hong Kong solely for the purposes set out in paragraph 1 above.

    PolyU may also disclose your personal data when authorized or required by law and in response to requests from law enforcement agencies, government departments or regulatory authorities, or where required to protect PolyU’s rights or properties.


  4. Access and Correction of Personal Data

    You have the right to request for access and correction of your personal data held by PolyU. Any data access and correction request according to the Ordinance should be made in writing to Micro Fund by email at A fee may be imposed for processing your data access request.


  5. Security, Accuracy and Retention of your Personal Data

    PolyU takes reasonable precautions to prevent the loss, misappropriation, unauthorized access or destruction of your data. PolyU also takes reasonable steps to ensure that all personal data held by it is accurate, complete, correct and reliable for the intended use.

    Your personal data will be retained by PolyU according to its policy on retention of data and records.


  6. Privacy Policy Statement
  7.       You may refer to for the Privacy Policy Statement of PolyU.

Please put at least one valid content allocate to this component.



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