Pilot Innovation and Technology Accelerator Scheme: Accelerator Base Eligibility
Learn about PITAS, Hong Kong's scheme attracting accelerators to set up bases for I&T start-ups, with staff and service requirements.
What is PITAS?
The Pilot Innovation and Technology Accelerator Scheme (PITAS) is a part of the Innovation and Technology Fund. It aims to attract innovation and technology (I&T) accelerators with proven track records in and beyond Hong Kong to set up accelerator bases in Hong Kong. Through their business networks and experience, these accelerators aim to support the development and needs of I&T start-ups in a more comprehensive and targeted manner.
Operational Base Requirements
Under the scheme, the operational bases in Hong Kong must employ at least three full-time staff members to implement the scheme. The bases are also required to provide value-added services to start-ups, such as venue and facilities, R&D support, mentorship, domain expert consultation and business networking.
Application Review Process
Upon receipt of applications, the Secretariat will check their eligibility and conduct preliminary assessments.