Cyberport Creative Micro Fund - FAQ

1. What is the difference between Cyberport Creative Micro Fund (CCMF) and Cyberport Incubation Programme (CIP)?
CCMF and CIP are two distinctive programmes. Applicants should assess their project status and needs before applying for the programme.

CCMF encourages innovation and commitment to grow by sponsoring a HK$100,000 grant to support innovative ideas and early-stage start-up development over a 6-month project period.

If your project is at the idea stage or at early-stage development with prototype or minimum viable product (MVP) developed, you are eligible to apply for CCMF. If your project is in a scale-up and market expansion stage, you may consider applying for CIP.

2. Can I apply for both CCMF and CIP in the same intake with the same project?
If an applicant submits the same or similar project for CCMF and CIP in the same intake, Cyberport shall only consider the CIP application.

3. How long is the application and admission process and how does it work?
Application submission before deadline > Initial screening after application deadline for eligibility check > Shortlisting eligible applications to attend Presentation > Presentation and Vetting (shortlisted applicants only) > Results announcement > Reference check by Cyberport > Sign agreement for admission > Project period starts

In general, it takes around 3-4 months after the application deadline to complete the process. For example, if the application deadline is April, the presentation for shortlisted applicants will be held in May. Results will be announced in June, followed by agreement signing on passing the reference check in the same month. The CCMF project will then begin in June/July.

4. Can I receive a similar grant or funding as CIP or CCMF from other publicly funded organisations/programmes at the same time?
Applicants cannot and are not allowed to receive any grant or funding from other public organisations/programmes of the same phase as CIP or CCMF at the same time. This is only applicable to the same or similar projects, but not to individuals, company directors, or shareholders.

5. What are the vetting criteria of CCMF?
There are four vetting criteria for CCMF, including Management Team Experience and Capability (30%), Business Model and Time to Market (30%), Creativity and Innovation (30%), and Social Responsibility (10%).

6. Will you keep my idea a secret?
All CCMF applications are treated with strict confidentiality. Successful applicants may be required to share their ideas with a broader audience.

7. Is there an application fee?
No, there is no fee for the application process.

8. What do I need to submit to apply?
All applicants need to submit the online application and required supporting documents through our online portal.

9. When can I apply?
We accept applications all year round; applications received will be processed in four batches.

Ask Us Anything
Email us via ccmf_enquiry@cyberport.hk