Hong Kong Science and Technology Park launches upgraded life and health tech-focused incubation programme Incu-Bio
The Hong Kong Science and Technology Park aims to double the number of start-ups joining its upgraded incubation programme, with some companies saying the scheme will help to speed up the commercialisation of their products.
The park on Thursday launched its new life and health tech-focused incubation programme Incu-Bio, which is designed to offer start-ups support, such as assistance with laboratory research, regulatory activities and the advancement of research to a preclinical stage over a four-year period.
Derek Chim, the park’s head of start-up ecosystem and development, said that under the programme, enterprises would receive up to HK$6 million (US$771,000) each in the form of grants, subsidies and regulatory affairs funding.
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