Innovation and Technology Venture Fund (ITVF)
創科創投基金（ITVF）
Open continuously
No deadline — apply whenever you are ready.
A HK$2 billion government co-investment fund that invests alongside selected co-investment partners (venture capital funds) into local innovation and technology startups, generally on a matching basis of roughly 1 government dollar to 2 private dollars. Startups do not apply directly.
Innovation and Technology Commission (ITC), Government of the HKSAR
ppp · national
Deadline: rolling — No public application round for startups. Investment flows through appointed co-investment partners; startups raise from those partners.
This funder does not publish a success rate. We rank it using the rate observed across similar programmes and label it as an estimate rather than implying we know.
Major bid — written case, budget, possibly partners.
Who can apply
- Sectors: deeptech, ai, health, fintech, any
- Stage: seed, series_a
- Locally registered entity required
Local innovation and technology startups. Investment decisions are made by the co-investment partner; ITVF follows on matched terms.
How to apply
- Identify the ITVF co-investment partners listed on the ITF website.
- Pitch to a co-investment partner and secure a lead investment.
- The partner brings the ITVF in as a co-investor.
- Standard investment documentation.
What you will need
- Pitch deck and business plan
- Financial model
- Cap table
- Certificate of Incorporation and Business Registration Certificate
Source. https://www.itf.gov.hk/en/funding-programmes/supporting-start-ups/itvf/index.html — checked 2026-08-14 · not human-checked
"The Innovation and Technology Venture Fund co-invests with venture capital funds in local innovation and technology start-ups."