 During the incubation period, incubatees will enjoy the use of fully serviced, high-tech office space at a reduced rental inclusive of the management fee. The two Small Enterprise Centres are located at InnoCentre in Kowloon Tong and Science Park in Tolo Harbour, Pak Shek Kok, near Tai Po. However, Design-based incubatees they will be accommodated in Kowloon Tong
Rental
In the first six months from the commencement of the incubation period, all incubatees will enjoy a rent-free period of up to 800 square feet gross. At the end of the six months and eighteen months for Technology-based incubatees and six months and twelve months for Design-based incubatees from the commencement of the incubation period, their continuing entitlement to reduced rental and the Aid Package are subject to successful achievement of the milestones agreed with HKSTP. Incubatees who achieve these two milestones will continue to enjoy a reduced rental as below:
|
Technology-based Incubation Reduced rental per sq. ft. gross |
|
Design-based Incubation Reduced rental per sq. ft. gross |
|
Science Park |
|
InnoCentre |
Month 7-12 |
HK$0 |
Month 7-12 |
HK$0 |
| Month 13-18 |
HK$9.1 |
Month 13-24 |
HK$8.65 |
Month 19-36 (Month 19-48 for Biotech companies entitled to 4 years incubation period) |
HK$9.1 |
|
|
| (The above charges are based on office size within 800 sfg. For space over 800 sfg, the charge will be at month 13 rate. All rates are subject to change without prior notice) |
Incubatees who do not achieve their milestones will not be entitled to the reduced rental and they must pay the market rate for their premises, or move out of the Small Enterprise Centre.
All offices are ready-to-use and come with hassle-free services, including:
- reception services
- shared meeting rooms
- dedicated internet access
- business centre services
- fitness / recreation centre
|
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Joint Incubation Centre with local university
 Apart from establishing the Small Enterprise Centres at HKSTP 's own premises i.e. InnoCentre & Science Park, HKSTP has entered into an agreement to operate the Joint Incubation Centre at the Annex Building of Hong Kong University of Science and Technology (HKUST) which is located within the university campus.
Incubatees located at the Joint Incubation Centre will receive the same type of services as those located at the InnoCentre and Science Park, but they are required to sign a separate license agreement relating to premises with the university, at the following rates:
|
Reduced rental per sq. ft. gross |
|
HKUST |
|
1st 800 sfg |
Above 800 sfg |
| Month 1-12 |
$2 |
$10 |
| Month 13-18 |
$8.5 |
$10 |
| Month 19-36 |
$8.5 |
$10 |
| (All rates are subject to change without prior notice) |
For admission to the Joint Incubation Centre, applicants must be a university related company e.g. a subsidiary or spin-off department of the university, or a technology-based start up company commercializing the university's research results, or the founders are faculties, staff or graduates of the university. |
