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Smart Traffic Fund (STF)

(i) Enhancing convenience of motorists;
(ii) Enhancing efficiency of the road network or road space; and
(iii) Improving driving safety.



(i) A corporate sector Applicant shall contribute at least 50% of the Estimated Project Cost in cash.
(ii) A Public Sector Research Institution Applicant shall contribute at least 10% of the Estimated Project Cost, can either be in cash or in-kind or a combination of both.
(iii) A public sector Applicant shall contribute at least 10% of the Estimated Project Cost in cash.
(iv) For applications submitted jointly by Applicants from corporate sector and public sector (except the Public Sector Research Institutions), the Applicants shall contribute at least 50% of the Estimated Project Cost.
(v) For applications submitted jointly by Applicants from corporate sector and Public Sector Research Institutions, the Applicants shall contribute at least 30% of the Estimated Project Cost.





Public sector includes:
(i) The following R&D Centres:
• Automotive Platforms and Application Systems R&D Centre;
• Hong Kong Applied Science and Technology Research Institute;
• Hong Kong Research Institute of Textiles and Apparel;
• Logistics and Supply Chain MultiTech R&D Centre; and
• Nano and Advanced Materials Institute;
(ii) Local Universities funded by University Grants Committee (UGC) and Government-established University;
(iii) Institutions in List 1 of the Designated Local Research Institutions designated by the Commissioner for Innovation and Technology in accordance with Section 19 of Schedule 45 of the Inland Revenue Ordinance (Cap. 112) except Local Universities funded by UGC, Government-established University and R&D Centres; and
(iv) Non-profit or charitable professional bodies, trade associations and non-government organisations.

Corporate sector includes:
(i) Companies;
(ii) Institutions, professional bodies, trade associations and non-government

For a project to be carried out jointly by Applicants from corporate sector and public sector (except the Public Sector Research Institutions), the application will be treated as one from corporate sector.

For a project to be carried out jointly by Applicants from corporate sector and Public Sector Research Institutions, the application will be treated as one from corporate sector.