Launched in 2011, PolyU Micro Fund (MF) Scheme 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 a funding support up to HK$120,000 and pre-incubation support for each shortlisted team, PolyU aims to bolster the start-ups’ implementation of high-quality business propositions with a positive social impact.
(Submission Deadline: 15 Nov 2023 (Wed) 1:00pm)
Eligibility:
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.)
Calling For:
Technology X Innovations X Business Projects and Solutions
Grant:
A maximum of HK$120,000 Funding + Incubation Support up to HK$1.3M
No. of Projects Supported per Cohort:
Around 40+
Application Period:
Twice a Year -
Cohort 1: 20 Sep - 15 Nov 2023 (Wed), 1:00pm
Cohort 2: Feb – Apr 2024
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. (Available under the section "Download Area")
Important Dates of Cohort 1:
Schedule |
Micro Fund Scheme 2023-24 Cohort 1 |
12 Oct 2023 (Thu) or 1 Nov 2023 (Wed) |
Online Briefing Session |
1:00pm, 15 Nov 2023 (Wed) |
Application Deadline |
Late Nov 2023 |
Eligibility Screening |
5 – 8 Dec 2023 (Tue – Fri) |
Elevator Pitch |
Mid-Dec |
Announcement of Shortlisted Teams & Top Performers |
5 Jan 2024 (Fri), 15 Jan – 5 Feb 2024 (Every Mon) |
5-Week Lean Launchpad Programme for Market Validation (for Top Performers ONLY) |
31 Jan & 1 – 2 Feb 2024 (Wed – Fri) |
Declaration and Disclosure Exercise |
28 – 29 Feb 2024 (Wed – Thu) |
Final Presentation |
Early Mar 2024 |
Announcement of Awardees |
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!
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.
Please put at least one valid content allocate to this component.
ENQUIRY
- (852) 3400 2625 / 2627 / 2678
- micro.fund@polyu.edu.hk