Overview of Government Funding Schemes

RTTP

RTTP Funding Features:

  • Take the company as a unit, both bosses and employees
    (The boss needs to be paid)
  • Each company has an annual cap of $500,000, calculated in a financial year)
  • Government subsidizes 2/3, employers only need to pay 1/3 of tuition
  • 50% of the pre-applied 2/3 funding fee will be reimbursed in advance
  • Must enroll in RTTP recognized and approved courses
  • Must be high-end technology-related courses
  • 100% online courses available
  • No exams and homework required

Apply for RTTP requirements:

  • Registered in Hong Kong under the Business Registration Ordinance (Cap. 310)
  • The employee is a permanent resident of Hong Kong
  • And have the background/relevant experience required for this high-end technology

2/3 Funding Grant Conditions:

  • Attendance rate: over 70%
  • Submit the application (2A Form) at least two weeks before the start of the course
  • Submit 3A & 4A Form & Questionnaire within 60 days after class completion
  • Approved 2/3 funding in about 2 months