- 31.
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Industrial Support Fund Scheme
Following is a question by the Hon James Tien Pei-chun and a written reply by the Secretary for Trade and Industry, Miss Denise Yue, in the Legislative Council today (Wednesday):
Question:
The Government has recently approved 49 applications, which have been recommended by the Industrial and Technology Development Council, for financial support under the Industrial Support Fund scheme. Of these, 30 applications came from tertiary institutions whereas only 17 applications came from industrial establishments and industrial support agencies. In this regard, will the Government inform this Council:
(a)
(b)
(c)
of the criteria adopted for assessing applications made by industrial support agencies;
whether the same criteria are adopted for assessing applications made by tertiary institutions and industrial establishments; and
whether the Government will step up the promotion of the scheme in order to encourage more industrial establishments applying for financial support under the scheme to undertake projects which will contribute to the territory's industrial and technological development, thereby enhancing the competitiveness of the territory's industry?
Reply:
Mr President,
(a)
The criteria adopted for assessing applications made to the Industrial Support Fund (the Fund) are summarised below -
(i)
(ii)
what specific benefits a proposed project will bring to the industrial and technological development in Hong Kong;
whether there is a demonstrated need for a proposed project and whether there is any duplication with work already being undertaken;