This section includes Frequently asked questions by sponsors and universities. Feel free to reach us via ‘Contact Us’ section if you would have any further questions
Questions for the Sponsors
1. Is it possible to provide sponsorship only once?
The simple answer is no. We want our sponsors to be committed to their particular research cluster for a period of 4 years.
2. What is the IP Rights arrangement for the research?
The IP Rights for the research belongs to the researching universities. However, the sponsors would be able to enjoy royalty free usage throughout the lifetime of the patent.
3. How about if my direct competitor also invests in the same research cluster?
Our approach is pre-competitive, hence it should not make a difference even if your competitor is another sponsor. You both would be able to enjoy the outcome of the research.
4. How do we keep updated about the research?
We would post latest news and updates on our website. Moreover, once the research is in progress, we will share the ongoing research with the concerned parties.
5. What is the current status of the Consortium?
The clusters that are currently in operation are the Internet-of-Things (IoT) for Intelligent Buildings & Transportation, Data Science & E-Learning, Advanced Manufacturing, and Biomedical Systems. These clusters are currently supported by 8 sponsoring companies and involve 12 research projects.
Questions for the University Faculties
1. If our proposal is not successful in the previous round, can we resubmit?
Yes, you’re welcome to re-submit your proposal, provided that the scope of the projects should fit within ITC interests and broadly includes Healthcare, Robotics and AI.
2. How much funding do we have for the project?
This would vary depending upon the type of the project. However, we’re expecting about HKD 3.5M to HKD 5M per project approximately.
3. Can we form a team consisting of professors only from my university?
Faculty members in the Hong Kong UGC Universities with MIT partners are welcome to submit applications.
MIT must be one of the university partners.
If MIT is not a partner, you can apply to ITC without the Consortium’s assistance.
4. What is the current status of the Consortium?
There are currently 10 company sponsors within the consortium.
In total we have 16 active projects and 14 more projects scheduled.