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Project Profile

Project Reference CSI(D)/1603/0158
Project Title Design Incubation Programme (Phase III)
Project Period 01/08/2016 - 31/01/2022
Recipient
Organisation
Hong Kong Design Centre
Project
Coordinator
Frank LEUNG
Approval Date 13/09/2016
Funding Amount
(HK$)
90,000,000.00
Brief description of the Project Launched in 2006, the Design Incubation Programme (DIP) is a Government fully funded programme administered by the Hong Kong Design Centre (HKDC) since May 2012 to offer financial assistance and incubation services to design start-ups over a two-year incubation period. The HKDC has fulfilled the target of recruiting 60 incubatees under the second phase DIP and most of the incubatees had graduated. The HKDC has strengthened the scope and intensity of the incubation services, particularly in regard to business and marketing know-how, mentorship advice and problem solving techniques. The Government had accepted the recommendation of the Economic Development Commission to expand the scale of the DIP to nurture more design start-ups and has continued to engage the HKDC in running the expanded DIP. The overall target is to admit under the third phase DIP 90 additional incubatees within three years, which represents an increase of 50% in the scale of intake against the second phase.

The project information is accurate as of the approval date of the project.

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