Hong Kong Economic and Trade Office, USA
Hong Kong
News Release



Government launches Research Talent Hub to provide more flexibility in engaging research talents Development

 



For more information, please contact

Melissa Ng in New York City: (212) 752 3320
Wing Yan Tong in San Francisco: (415) 835 9315

Daniel McAtee in Washington, D.C.: (202) 238 6360




July 1, 2020 - The Innovation and Technology Commission today announced that the Researcher Programme (RP) and the Postdoctoral Hub (PH) have been merged to become the Research Talent Hub. Eligible companies and organizations are welcome to apply for the scheme.

At present, the RP and the PH provide funding support for eligible companies and organizations to engage two researchers and two postdoctoral talents respectively to conduct research and development (R&D) work. The two programs have been merged and collectively named as the Research Talent Hub, under which each eligible company or organization can obtain funding support to engage up to four innovation and technology (I&T) talents with a bachelor's, master's or doctoral degree to conduct R&D work, thereby providing more flexibility for employers in engaging research talents.

The Research Talent Hub under the Innovation and Technology Fund (ITF) aims to encourage university graduates to pursue careers in theI&T field and nurture more I&T talents. The maximum engagement period for each research talent is three years in general. The maximum monthly allowances for research talents with a local bachelor's degree, a local master's degree or a doctoral degree are HK$18,000 (US$2,307), HK$21,000 (US$2,692) and HK$32,000 (US$4,102) respectively. All technology companies conducting R&D activities in Hong Kong, including incubatees and I&T tenants of the Hong Kong Science and Technology Parks Corporation and the Hong Kong Cyberport Management Company Limited, as well as organizations and companies undertaking R&D projects funded by the ITF, are eligible to apply.

In the past three years, the RP has approved over 2,300 researcher positions with total funding of about HK$780 million (US$100 million). For the PH, over 1,030 postdoctoral talents have been supported with total funding of about HK$603 million (US$77.3 million) since its launch in August 2018.


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