Cyberport Incu-App vs HKSTP Incu-Tech: Funding Terms Compared

The two flagship government incubation programmes have distinct funding structures. Cyberport Incu-App provides a maximum of HK$500,000 over 24 months, disbursed in stages tied to milestone achievement. The funding can be used for: staff salaries, equipment, marketing, and professional services. HKSTP Incu-Tech provides a similar funding quantum but structures it differently: a base grant plus additional funding for specific activities (patent applications, overseas trade shows, prototype development). The key differences: HKSTP funding is more restrictive in its use categories but provides in-kind support (lab access, equipment) that Cyberport cannot match. Cyberport funding is more flexible but provides less physical infrastructure. For software startups, Cyberport is generally the better administrative fit; for hardware and deep tech, HKSTP is essential for the lab access. Neither programme takes equity — both are non-dilutive grant programmes.