Local entities fulfilling the following requirements are eligible to apply for funding under the TVP:
- Registered in Hong Kong under the Business Registration Ordinance (Cap. 310); or
- Incorporated and registered in Hong Kong under the Companies Ordinance (Cap. 622); or
- Established in Hong Kong by relevant ordinances as statutory bodies;
(a) Not a listed company in Hong Kong, and not a government subvented organization* or subsidiary of any government subvented organization*;
(b) With substantive business operation in Hong Kong which is related to the project under application at the time of application.
- Provide funding for projects on a 3 (Government):1 (enterprise/organisation) matching basis.
- Cumulative funding ceiling per enterprise/organisation: HK$600,000.
- Up to 6 projects per enterprise/organisation.