HKUST R and D Corporation Limited (RDC)-application of Entrepreneurship Program (EP)

Entrepreneurship Program (EP)

HKUST R and D Corporation Limited (RDC) is pleased to announce the call for application of Entrepreneurship Program (EP) is now open. EP was introduced to assist faculty, staff, students and alumni in their entrepreneurial endeavors to startup companies.  

Application Requirements:

The Company must:

(a)         have been established for no more than 2 years at the time of application;

(b)         be validly registered and subsist in Hong Kong;

(c)         be owned legally and beneficially at least 10% by any one faculty member, staff member, student or alumni of HKUST;

(d)         have a realistic, viable and innovative business plan and/or idea accepted by the vetting committee;

(e)         provide sufficient and relevant information and supporting evidence on the business plan and/or idea;

(f)          demonstrate a competent management team;

(g)         have at least one full-time member of staff;

(h)         be agreeable to undergoing a company health check (including providing financial information and statements) every six months.

Application Deadline: 31 August 2018  
Qualified Companies must execute the EP Agreements and complete the 3% share transfer to RDC within 3 months.

Application Procedures: Please submit the application form (here) with a brief Business Plan to HKUST R and D Corporation Limited: Softcopy to; and Signed Hardcopy to Room 3636, 3/F, Annex, HKUST, Clear Water Bay, Kowloon, Hong Kong (via Lifts 29, 30) Shortlisted companies will be invited to make a brief presentation to the vetting committee.