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PolyU Micro Fund 2013- Innovation Stream

January 31, 2013

| Free

PolyU Micro Fund- Innovation Stream

The theme for this year is “Innovation for an Inclusive Society” 「以創意促進社會共融」. We look for creative yet practical ideas from students that can make use of PolyU’s innovations, technologies or knowhow to create and enhance an inclusive society so that all people have an equal chance to participate in society regardless of their background or culture.
The targets include but not limited to the following:

– Aged
– Ethnic minorities
– Mentally or physically disabled
– New immigrants
– People with chronic diseases

It is expected that the innovations will make lasting contributions to enhance the quality of living of the underprivileged and minorities in Hong Kong. As such, proposals for organizing one-off events, activities, seminars or programme are not suitable.

Under the Innovation Stream we offer up to three Grand Awards and a number of Merit Awards. The Grand Award winners will receive an award worth up to $50,000 each. Merit Award winners will receive a $5,000 cash award. The University will use its best effort to facilitate execution of the awarded projects should the winners of the Grand Awards are committed to implement their project ideas.

Eligible Applicants
Full-Time Students of the PolyU, HKCC or SPEED

Awards
– Grand Award worth $50,000
i. Cash Award: $10,000
ii. Implementation Fund: up to maximum $40,000
– Merit Award
i. Cash Award: $5,000
– Study Mission*

Application Process
Applicants are invited to complete an application form which can be

Application Form Downloaded –> HERE.

The completed application form should be submitted to micro.fund@polyu.edu.hk by the application deadline.

Assessment Criteria
– Innovation & Creativity: 30%
– Impact / Benefit to the society: 30%
– Implementation Feasibility: 25%
– Use of PolyU’s Knowledge, Innovations and Technologies: 10%
– Applicant’s Background & Experience: 5%

Assessment Process
Upon initial screening, shortlisted applicant will be notified to prepare an executive summary and a presentation for final assessment by an independent assessment committee.

Results Announcement
Awarded Proposals will be announced in early April 2013

Timetable
1 Nov 2012 – 31 Jan 2013 : Open for application
31 Jan 2013 (1:00 pm): Application deadline
Feb 2013 : Announcement of Shortlisted Applicants
Feb 2013 : Feedback & Consultation with Shortlisted Applicants
Mar 2013 : Submission of executive summary
Mar 2013 : Final presentation & assessment
Apr 2013 : Announcement of awardees

* Awardees may be invited to join a summer Study Mission to visit young fellow entrepreneurs, incubation organizations and intermediaries tentatively in China.

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Details

Date:
January 31, 2013
Cost:
Free
Event Category:

Venue

PolyU

Organizer

PolyU
Phone:
3400 2703/ 3400 2717
Email:
Website:
http://www.polyu.edu.hk/ife/polyumfund/application_istream.php
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