HYAB Funding Scheme for Youth Entrepreneurship in the Guangdong-Hong Kong-Macao Greater Bay Area
Funded
NGOs will organise
youth entrepreneurial programmes and offer entrepreneurial support and incubation services,
as well as start-up capital to Hong Kong young people
NGOs will organise
youth entrepreneurial programmes and offer entrepreneurial support and incubation services,
as well as start-up capital to Hong Kong young people
Start-up Capital
Each start-up may receive a capital subsidy of up to HK$600,000
Entrepreneurial support and incubation services
- Each youth entrepreneurship project lasts for a maximum of 3 years
- Business networking
- Market and supply chain development services
- Entrepreneurial guidance and business know-how
- Concessionary and facilitative measures for youth start-ups in various cities
- Assistance for settling in entrepreneurial bases in Hong Kong and Mainland GBA cities
- Professional consultation services
Eligibility of Young Entrepreneurship Applicant
- Hong Kong permanent resident aged between 18 to 39
- Never received the capital funding support from Entrepreneurship Matching Fund or first round of Funding Scheme for Youth Entrepreneurship in the GBA under Youth Development Fund
- Applicants/shareholders/partners must not be bankrupt or involved in bankruptcy proceedings
- Start-ups that are not yet in operation or have been in operation for no more than 3 years
- intend to set up business in Hong Kong and/or mainland cities in the GBA
List of funded NGOs under new round of “HYAB Funding Scheme for Youth Entrepreneurship in the Guangdong-Hong Kong-Macao Greater Bay Area (2024-27)” has been uploaded onto YDC website.
