Silver Innovators Competition 2017-18
2017-10-25

Silver Innovator Competition

Supported by Social Innovation and Entrepreneurship Development Fund (SIE Fund), HKCSS will be launching the “Silver Innovators’ Competition” on October 25, 2017. The competition is sponsored by the Hong Kong Bank Foundation, and supported by the Hong Kong Science and Technology Parks Corporation (HKSTP). 

It is the first thematic competition in Hong Kong with an aim to encourage and promote innovative ideas to address the needs for elderly persons. There will be 4 pre-competition workshops with competition briefing from November 15 to December 15. Competition Deadline will be on December 31, 2017.

Highlight: 
- The first thematic competition in Hong Kong with an aim to encourage and promote innovative ideas to address the needs for elderly persons
- 8 winners will be selected finally to receive up to HKD200,000 seed money to realize their idea proposals
- The competition will open to both general public and interested parties such as social entrepreneurs, entrepreneurs, NGO practitioners, etc.

Workshop Registration & Details: https://goo.gl/6MMN6e 
Workshop Deadline: 3 Days Before Workshop Date

Competition Deadline: 31 Dec 2017 (Sun)

Pitching Date: 27 Feb 2018 (Tue)

Enquiry
Email: carmen.liu@hkcss.org.hk; larine.lee@hkcss.org.hk
Tel.: 28762497 / 28762487


Competition Details


Eligibility

  • - Hong Kong permanent citizens aged 18 or above

  • - Local individuals, registered companies or organizations can apply

  • - Maximum project duration is ONE year

Special Remarks

  • - Projects under support or will be supported by other government funding schemes will not be considered

  • - Applicants of the same project proposal can only accept support from one SIE Fund intermediaries in the same time

Prize

  • - Prototype grant up to HKD200,000 (8 awards in total)

  • - Mentoring package provided by HKSTP, e.g co-working space, consultancy, incubation support (*applicable to technology-related winning projects)

Judging Panel
Formed by representatives from HSBC, SIE Fund, HKSTP, HKCSS and External Experts

 

Procedure and Start of Competition

Step 1. Sign up for an account        

Step 2. Login the account and fill in the on-line form

Step 3. Upload the following documents at the bottom of on-line form 
(Note: "Silver Innovators Competition" requires using the following specialized document templates. So, competitors can neglect the "Document checklist, download templates” in the part of “Application Files” in the online form)

(i)   Proposal  (Download Proposal template)

(ii)   Budget Plan (Download Budget Plan template)

(iii)   Declaration form (Download Declaration form template)

(iv)   Registration documents e.g. Business Registration Certificate, Certificate of Incorporation and Articles of Association (if any)

Step 4. On-line submission


Vetting

Vetting Procedure
HKCSS will conduct a preliminary assessment of all applications and submit recommendations to the Vetting Committee for decision. During which, HKCSS might seeks clarification or supplementary information from the applicant. Representatives of the applicant are required to attend meeting to present their project proposals and answer questions from the Joint Vetting Committee (JVC).
Judging panel
Formed by representatives from HSBC, SIE Fund, HKSTP, HKCSS and External Experts
 
Pitching Date: 27 Feb 2018 (Tue)
 
Vetting Criteria
  • - Clear vision and strategic direction which align with SIEFund objective
  • - High innovativeness (ideas, business model, delivery approach)
  • - Strong cross-sector collaboration
  • - Effective business model and work plan
  • - Good publicity, marketing and promotion
  • - Sound corporate governance and risk management
  • - With significant social impact
  • - Strong leadership and relevant experience, extensive network
  • - Financially sustainable and reasonable
  • - Cost effective – include financial contribution to be made by the applicant (if any)

Vetting Criteria

Video Intro

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