Fundings

What is S-KPF?

S-KPF is a structured programme with seed funding and incubation services for CUHK academics to launch evidence-based social enterprises, which are ultimately supported by self-generated income, external investors and other funding sources. From nurturing ideas to developing a business canvas, competitive analysis and go-to-market strategy, Social Innovation team @ ORKTS will accompany teams in embracing challenges and opportunities in the early start-up stage, helping create values and social impact for a sustainable society.

Eligibility

Project Leader and Co-Leader(s) must be full-time CUHK staff on professoriate or research academic ranks. Other teaching staff will be considered on a case-by-case basis.

All CUHK staff, students and non-CUHK members may join as team members.

Funding Amount

HK$600,000 for 2 years

Support

• Business development consultancy
• Publicity and media engagement support
• Partnership liaison

Assessment Criteria

Social impact of the proposed business – 30%

Track record and expertise of the Project Leader and team members – 20%

Relevance to underpinning research and innovativeness – 20%

Viability and business readiness (i.e. business model, product-market fit) – 20%

Potential to attract investment (for company limited by shares) or funding from private foundation or government (for company limited by guarantee) - 10%

Important dates

9^th Sept 2024 – Call for Proposals

23^rd Oct 2024 – Information Session

8^th Nov 2024 – Submission Deadline

Feb 2025 – Vetting Interview

Mid-Mar 2025 – Results Announcement

1^st Apr 2025 – Project Commencement

Apply Here