Assessment Process

Stage 1: ApplicationInterested applicants need to attend the webinar on 30 Jan 2021 to have a better understanding of Climate Change issue in Hong Kong and inspire experiment ideas from the existing cases.

Eligible Scale-Up Stage applicants should submit the document below:

Application Form

• Applicants should fill in application form online (Application Form Template)
• Applicants should upload the Detailed Proposal, Endorsement Form and/or reference letter, and Supporting Documents within the Online Application Form
• Each file would be uploaded should be within 10MB

• Download Detailed Proposal template
• Proposal can be written in either English or Chinese
• Graphic presentation in the detailed proposal would be acceptable
• Detailed Proposal should be no more than 8 pages Microsoft Word / PDF
• File should be named after Team Name (e.g. Wofoo_DetailedProposal)

2. Appendices

• It should not more than 5 pages in Microsoft Word / PDF file

3.Endorsement Form

• All applications must secure endorsement (chop on the form) from any departments under any tertiaries and relevant institutions and/or organisations
• A formal reference letter can be submitted in lieu of the chopped on endorsement form

4. Supporting Document

• CVs of all core members
• Certificate of Incorporation under the Companies Ordinance (applicable to the start-ups)
• Proof of matched funding or provision of any additional investments (applicable to winners of any entrepreneurship programme)
• Intellectual property document (if any)
• Other support documents (if any)

Eligible applicants should fill in and submit Application Form online and upload Detailed Proposal, Endorsement Form and/or reference letter, and other supporting documents to the online application form on or before the deadline 28 February 2021. Late submissions will not be considered.

***Please note that applicants will receive application confirmation email within 5 working days after successful application.

Stage 2: Public Pitching StageFinalists would be able to participate in the pre-pitching workshop and acquire constructive advices on improving the business plan and presentation skills from industries experts. After the workshop, a sounding orienteering platform, Hong Kong Water Race would be provided for the teams to set up pop up station showcasing the experimental ideas to public and the green community. Teams could assess the market reaction through the public voting session. All the materials for the pop up station should be prepared by the teams.

1.Pop Up Station
Format

• Participants are encouraged, but not required to prepare the display material in Chinese
• Public will have a chance to cast their votes for their favourite initiative, contributing scores towards the teams.
• All team members must be present at the pop up station. Anyone absent from the team can be disqualified, except those who have the official approval from the Organiser.
• More details will be released closer towards the event date

Materials should be prepared (you may make reference to the following):

• Foam board & Panel design
• Slide Deck (if any)
• Prototype showcasing (if any)
• Pitching pops (if any)
• Station Decorations, etc.

Stage 3: Judge Pitching StageFinalists would have an opportunity to deliver a pitch to the industry experts, business representatives and potential investors who would offer feedback and insight for participant to refine the business model and craft a unique business proposition.

1.Judge Pitching
Format

• The Pitching should be within 10 minutes, followed by 10 min Q&A session
• Teams can deliver the pitch in either Chinese and English
• Finalists should hand in the Slide Deck 2 weeks before the judge pitching
• All team members must be present at the judge pitching, but not every team member required to speak in the pitching. Anyone absent from the team can be disqualified, except those who have the official approval from the Organiser.

Materials should be prepared (you may make reference to the following):

• Slide Deck
• Finalists are allowed to prepare Video and other Media for pitching
• Prototype showcasing (if any), etc.

Stage 4: Implementation StageAfter the judge pitching session, acceleration fund would be awarded to the outstanding teams in two-stage. The first payment will be made after submission of funding budget plan, programme milestone setting and the signing of the Funding Agreement. The final payment will be issued subject to examination and verification of the reports and achievement of agreed targets.

First Instalment will be issued after submission of the documents below:
1.Funding Agreement

• Agree to comply with Funding rules

2.Funding Budget Plan

• Allocation of funding for programme implementation

3.Milestone of the programme

• Setting milestone/target for impact assessment and outcome evaluation

Final Instalment will be issued upon satisfactory review of final report and after submission of company factsheet:
1.Final Report

• Programme achievements/deliverables
• Social impact created
• Financial report & Balance sheet
• Problems/challenges & solutions
• Project extension

2.Company factsheet

• Brief introduction of the company
• Business model
• Social impacted created
• Programme / activities organised
• Achievements