Eligibility for an Accelerator Base under the Pilot Innovation and Technology Accelerator Scheme (PITAS)
The PITAS requires operational bases in Hong Kong to employ at least three full-time staff and provide value-added services to start-ups.
Key Requirements for an Accelerator Base
The Pilot Innovation and Technology Accelerator Scheme (PITAS) aims to attract accelerators with proven track records to establish operational bases in Hong Kong. These bases must employ at least three full-time staff members dedicated to implementing the scheme and are expected to provide a range of value-added services to start-ups, including venue and facilities, R&D support, mentorship, domain expert consultation, and business networking.
Application Review Process
After applications are received, the Secretariat checks their eligibility, conducts preliminary assessments, and selects eligible applications for review.
Related reading
FAQ
Q1: How many full-time staff must an accelerator base employ under PITAS?
An operational base in Hong Kong must employ at least three full-time staff members to implement the scheme.
Q2: What services must an accelerator base provide to start-ups?
The base must offer value-added services such as venue and facilities, R&D support, mentorship, domain expert consultation, and business networking.