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