1 Support Type

Independent legal person R&D institutions established by enterprises, Hong Kong and Macao universities or R&D centers, focusing on the advantageous technology fields of Hong Kong and Macao, relying on the cooperation between Guangdong, Hong Kong and Macao, and opening up to the world to carry out sci-tech R&D and commercialization of scientific research outcomes, with diversified investment entities, modern management systems, market-oriented operating mechanisms, and flexible employment mechanisms.

2 Support Conditions

If the prerequisites are met, the establishment of a new R&D institution applying for support funds shall meet one of the following conditions:
1.For an enterprise of Hong Kong and Macao with a sales revenue of over CNY 3 billion yuan in the previous year, and the proportion of R&D expenditure to the total sales revenue in the previous year is not less than 5%;
2.For a Hong Kong and Macao-funded enterprise registered in Qianhai, which has been accredited as a national high-tech enterprise, with a sales revenue of over CNY 500 million yuan in the previous year, and the proportion of R&D expenditure to the total sales revenue in the previous year is not less than 5%;
3.For an enterprise registered in Qianhai with a sales revenue of over CNY 10 billion yuan in the previous year, and the proportion of R&D expenditure to the total sales revenue in the previous year is not less than 10%;
4.For a higher education institution of Hong Kong and Macau, it must be one funded by the University Grants Committee of the Government of Hong Kong and can award degrees or a comprehensive university of Hong Kong. For a Hong Kong and Macau R&D center, it must be a sci-tech R&D institution established by the Hong Kong and Macau SAR governments.

3 Support Policy

3.1 Support of construction fund

An annual fund of CNY 3 million yuan will be provided if the R&D investment in the previous year is between 10 million and 20 million
An annual fund of CNY 3 million yuan will be provided if the R&D investment in the previous year is between 10 million and 20 million
An annual fund of CNY 10 million yuan will be provided if the R&D investment in the previous year is equal to or higher than 30 million.
If a Hong Kong and Macao university or R&D center has signed an agreement with Qianhai Authority to establish a new R&D institution, support will be given in accordance with the cooperation conditions stipulated in the agreement.

3.2 Development support

1.If it is funded by the Guangdong-Hong Kong-Macao Joint Laboratory Construction Program from competent authorities of Guangdong Province, a one-time support of CNY 1 million will be provided
2.If it is funded by a national or Guangdong provincial sci-tech program and successfully concluded, the research team undertaking the project will be awarded a one-time reward of CNY 200,000 or 100,000, and the cumulative reward for each institution is up to CNY 1 million yuan per year.

3.3 Other support

1.It can be used as a pilot entity for pilot policies and reform and innovation in Qianhai;
2.Qianhai Authority recommend it for applying for national, provincial and municipal support policies and sci-tech projects;
3.If the relevant department approves the implementation of major sci-tech research projects and the construction of major sci-tech research facilities, Qianhai Authority may separately agree on supporting matters by signing a cooperation agreement.
Reminder: in principle, the fund amount each entity can receive specified herein is up to 10 CNY million yuan per year.