With an annual funding support amounted to HK$8 million from Innovation and Technology Commission (ITC) under Technology Start-up Support Scheme for Universities (“TSSSU-O”), the HK$1M Fund aims to accelerate the growth of high potential technology start-ups founded by PolyU students, graduates and professors, offering maximum HK$0.5 million for PolyU supported start-ups, plus additional HK$0.5 million investment opportunity from Entrepreneurship Investment Fund (“EIF”).
This is the FINAL CALL for PolyVenture Angel Fund 2024-25 | Submit your application NOW!
Eligibility:
- A start-up company or a team of at least two members, in which one PolyU member must be appointed as the Person-in-Charge
- The start-up company or team must be in/graduated from qualified pre-incubation/incubation/acceleration programs; OR commercialising PolyU technology;
- For a company, upon 1 Feb 2024, it must be registered not more than 2 years
Funding Amount:
HK$0.5M grant by ITC + HK$0.5M Optional Top Up Investment by PolyU
No. of start-up supported per cohort:
Around 16
Application Process:
The applicants should complete the online application and upload the following documents on or before the application deadline:
- Investment Pitch Deck (within 15 slides in PDF format)
- YouTube link of a 3-minute Pitching Video
- Business Plan (no more than 10 pages in WORD format)
- CVs of all team members, which state their academic qualifications (college/ institution attended and period thereof) and detailed working experience (position held, responsibility and period thereof)
- Proof document(s) of relationship between the PIC and PolyU
- Declaration of "Use of PolyU Knowledge/Innovations/Technologies" duly signed/endorsed by PolyU academic staff, if applicable. (Available under the section "Download Area")
- Other Supporting Documents (Please refer to the guideline.)
Application Deadline:
1:00pm, 7 Nov 2023 (Tue)
Please read the Online Application Manual first and apply through the online application system by the deadline. No late submissions will be accepted. APPLY HERE!
For Business Plan submission, please email to tsssu.o@polyu.edu.hk
- Leaflet
- Angel Fund 2024-25 Guidelines & FAQ
- TSSSU Guidelines , FAQ & Annexes
- Declaration of Use of PolyU Knowledge/Innovations/Technologies
- Online Application Manual
ENQUIRY
- (852) 3400 2624/2769
- tsssu.o@polyu.edu.hk
