LCQ3: Providing avenues for trying out products developed by innovation and technology start-ups
Following is a question by Dr the Hon Johnny Ng and a reply by the Secretary for Innovation, Technology and Industry, Professor Sun Dong, in the Legislative Council today (October 28): Question: Some members of innovation and technology (I&T) start-ups have relayed to me that there is a lack of avenues in Hong Kong for "early adoption" (i.e. to take the lead in trying out the products which are newly-launched without popularity) of the products developed by these start-ups. In this connection, will the Government inform this Council: (1) of the funding projects implemented by the Government and statutory bodies to support "early adoption" of products of local I&T enterprises in the past three years, together with a list of the funding amounts, funding periods and actual outcomes of such projects; (2) whether it will study introducing policy initiatives to step up support for "early adoption" of products of start-ups, and further relax the application restrictions under the relevant funding schemes, such as providing a green lane or optimising the weighted scoring system for local start-ups, and enabling the Government to take the lead to give priority to local start-ups when conduc
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