BLOCKCHAIN & WEB3.0 PILOT SUBSIDY SCHEME

Apply Now by sending your application documents to web3pilot@cyberport.hk

Funding Details

The scheme provides up to 80% of project costs with a maximum of HKD500,000 per project. Funds are disbursed in two installments:

• Initial Installment (60%): Released after project approval and submission of supporting documentation
• Final Installment (40%): Disbursed one month after project completion and acceptance of all required reports
  

Eligibility Requirements

To be eligible for funding under the Scheme, applicants must meet all the following criteria:

• Registered in Hong Kong under the Business Registration Ordinance (Cap. 310) before submitting the application
• Commenced business operations in Hong Kong prior to application submission
• Be either of the following:
  
  - A Technology Company or Research Institute conducting substantive blockchain and Web3.0 activities in Hong Kong or overseas within the recognised Blockchain & Web3.0 Solution Categories
  
  - A participant in a well-established incubation programme in Hong Kong
  
  - A new venture established by a well-established technology company

To be eligible for the Blockchain & Web3.0 Pilot Subsidy Scheme, projects must meet all the following criteria:

• Focus on the development of viable blockchain and Web3.0 concepts
  (Notes: Projects involving early-stage activities such as basic research or theoretical exploration without clear application are not eligible.)
• Demonstrate strong commercial potential
• Fall within a recognised Blockchain & Web3.0 Solution Category
• Address a specific industry challenge in Hong Kong
• Include a written agreement with an eligible Project Sponsor (refer to Guide and Notes for Project Sponsor Eligibility)
• Showcase high potential for real-world implementation

Decentralized Infrastructure Blockchain Network Innovation, Decentralized Physical Infrastructure Network (DePIN), Decentralized Storage, Governance Solution etc	Web3.0 Application Services Blockchain analytic and monitoring, Decentralized Technology Service Product (e.g., IoT, VR, AR), system development
ESG and Green Applications Carbon credit tokenisation, green tech,  sustainable solutions	Security and Risk Management KYT, auditing tools, data analytic, security services, risk management, insurance, compliance and AML

Full list can be found at Guide and Notes Appendix 1- List of Recognised Blockchain & Web3.0 Solution Categories.
* Other Blockchain & Web3.0 solution categories will also be considered on a case-by-case basis based on the proposed use cases.

Critical Dates

• Start Date of the Scheme: 18 June 2025
• Preferred Registration Completion: 18 July 2025
• Deadline of the Application: 1 August 2025
• Result Announcement: 1 September 2025
• Project Commenced By: 15 September 2025
• Project Completion By: 16 November 2025
• Final Report Submission By: 16 December 2025

Applicants Shall submit their application along with all required documents listed in the Submit Your Application section, by email to web3pilot@cyberport.hk.

Each Eligible application will be assessed based on individual merits and considered on a case-by-case basis. The assessment criteria and weights are stated in the following:

1. High Business/ Blockchain & Web3.0 Technology Impact (30%) 
2. Innovation, Creativity and Validity of Conceptual Architecture (30%)
3. Potential for Commercial Adoption (20%)
4. Relevance of Project Functionalities (10%)
5. Reasonableness and clarity of the implementation details (10%)

All application requirements are specified in the Guide and Notes.

Application Period

• Applications open: 18 June 2025
• Preferred registration completion: 18 July 2025
• Application deadline: 1 August 2025
• Note: Applicants must complete registration before submitting an application.

Submission Method

Ready to apply? Submit the completed application and required documents below by email to web3pilot@cyberport.hk

For a full list of requirements and guidelines, please refer to the Guide and Notes before submission.

Contact HKCMCL for any queries about the Scheme and applications. Email: web3pilot@cyberport.hk