Fund for green R&D

How to start a green tech business?

Are you R&D – research and development – people?

Are you thinking of starting up a green tech business in Hong Kong? Do you want to know the priority themes of the HK$200 million Green Tech Fund? Stay tuned.

Getting funding is always vital for startups. If you plan to start up a business in Hong Kong in one of the following five areas, you may consider applying for the Green Tech Fund.

Area one, Decarbonisation and Energy Saving.
In this area, the key priority themes are Renewable Energy, Energy Efficiency and Conservation, Carbon Removal Technologies, and, Hydrogen Economy.

Area two, Green Transport.
In this area, the key priority themes are Promotion of Electric Vehicles and, Giving Second Life to E V Batteries.

Area 3, Waste Management.
In this area, the key priority themes are Plastics Challenge, Facilitating the development of circular economy, Applications of recycled materials from existing and potential Producer Responsibility Schemes in the local context, and technology advancement to increase the efficiency and carbon reduction of the collection and recycling for our recyclables. Reuse &; Recycling of Waste Electrical and Electronic Equipment. Also, Recycling and Treatment of Non-inert Construction Waste Leachate Treatment and Municipal Solid Waste Charging are included.

Area 4, Air Quality.
In this area, the key priority theme is the Monitoring of Air Quality.

Area 5, Water Quality.
In this area, the key priority themes are Mitigation of odour from polluted water channels and near-shore waters, Monitoring and interception of microplastics from emission sources, Remote sensing applications for remediating marine environmental incidents, and, Application of eco-shoreline for enhancing biodiversity and improving water quality.

The local government has set up a HK$200 million Green Tech Fund to fund research and development projects which help Hong Kong decarbonise and enhance environmental protection. Local public research institutions, R&D centres, and private companies undertaking these projects can now get better and more focused funding support. GTF funding support ranges from HK$2.5 million up to HK$30 million per project.

Photo above: Green Tech Fund (

By: ANewR Consulting Limited, a digital environmental consultant headquartered in Hong Kong since 2008. Our expertise has grown into the context of air and water qualities, noise, green building, waste management, and remediation. With extensive know-how in environmental planning and assessment, feasibility study and policy review, ecological design, monitoring, and audit (EM&A), ANewR has matured to be a leading management consultancy. Standing in the digital transformation reign, ANewR has participated in various environmental digital projects – interactive 3D visualisation, immersive automation virtual environment, Virtual reality, automation system, and monitoring platforms.
(Website:, LinkedIn: ANewR Consulting Group, Twitter: ANewR – Everyday Newer,