The Professional Services Advancement Support Scheme is inviting applications from non-profit-distributing organisations for a new round of funding starting today. The application deadline is August 31.

Eligible applicants include professional bodies, trade and industrial organisations and research institutes.

With a $200 million allocation, the scheme offers subsidies to non-profit, industry-led projects. These initiatives must boost exchanges and co-operation between local professionals and external counterparts, enhance sector standards or promote Hong Kong’s professional services globally.

The scheme covers sectors such as accounting, legal, architecture, engineering, healthcare, information and communications technology, design and technical testing. It accepts both sector-specific and cross-sectoral projects.

The maximum grant is $3 million per project or 90% of the total approved cost, whichever is lower.

As of early May 2026, more than 130 projects had been funded, covering project deliverables in Hong Kong and elsewhere.

The Government has also set aside $50 million to launch the Professionals Participation Subsidy Programme under the scheme.

The programme subsidises major professional bodies to join Government and Trade Development Council activities. This participation aims to promote Hong Kong’s competitiveness and professional services to the Mainland and overseas markets.

Both the scheme and the programme accept applications all year round, with processing conducted on a quarterly basis.

A briefing session will be held this month for interested organisations. For enquiries, contact the secretariat at 3655 5418 or via email.