Hong Kong Cyberport launches the "Blockchain and Digital Asset Pilot Funding Program" to boost the atmosphere of Web3 landing

Hong Kong Cyberport announced today (June 26) that it has officially launched the "Blockchain & Digital Asset Pilot Subsidy Scheme", which is now open for application. The scheme aims to support local enterprises and research institutions in testing high-impact blockchain/Web3 solutions and accelerate the actual implementation of technology and industrial integration.

1. Funding highlights

Funding amount: Each eligible pilot project can receive 80% of the cost support, with a maximum funding amount of HK$500,000.

Disbursement in installments: The first phase of the start-up funds accounts for 60% of the total funding, and the final 40% will be issued after the project completes testing and is confirmed.

Application period: The open period is from June 18 to August 1, 2025, and the results will be announced on September 1; the project must start before September 15, and be completed before November 16, and the final report must be submitted before December 16.

2. Application principles and qualifications

Applicant requirements: Must be a company or research institution registered and actually operating in Hong Kong.

Projects must be sponsored: The application project must sign a sponsorship agreement with a large-scale institution (commercial, industry or research unit) to demonstrate commercial landing potential.

Technology and scenario restrictions: Focus on blockchain/Web3 related fields in response to Hong Kong's actual needs, and do not accept basic theoretical research.

3. Applicable technologies and application scope

The plan supports multiple key areas of Web3, including:

RWA (real world asset) tokenization

Stablecoin and payment solutions

Decentralized identity (DID)

Web3 security, compliance and risk control

Distributed AI/machine learning (AI/ML)

Social innovation and digital experience

In addition, other qualified and innovative blockchain/Web3 solutions may also be reviewed on a case-by-case basis.

4. Review mechanism

The review committee will give a comprehensive score based on the following criteria:

Technical and commercial impact (30%).

Innovation and architectural design (30%).

Market adoption potential (20%).

Solution functionality and practicality (10%).

Implementation details maturity (10%).

5. Background and connection

The plan is the second batch of key actions following the first Web3 policy issued in 2022. The "Hong Kong Digital Asset Development Policy Declaration 2.0" emphasizes the simultaneous advancement of substantive application and supervision, and the Hong Kong SAR government is actively building a global digital asset innovation center. At the same time, Cyberport already has more than 230 Web3 companies, and the mature community foundation provides strong support for project testing.

6. Why it is worth paying attention to

This plan emphasizes the closed-loop promotion from project establishment to actual application, not only providing financial support for start-up projects, but also strengthening practical implementation capabilities through collaboration with industry organizations. In addition, promoting the coordinated development of Hong Kong's virtual asset supervision and technology ecology also provides a practical path for the integration of policies and markets.

For companies and teams determined to enter the blockchain/Web3 implementation field, this is a good opportunity for policy support + industrial resources + commercial testing.