The Innovation & Technology Fund's Innovation & Technology Support Programme Tier 3 is inviting proposals for applied research and development projects until April 30.

Local universities, industry-support organisations, trade and industry associations, professional bodies, research institutes and local companies are welcome to apply for funding.

The Innovation & Technology Commission said today Tier 3 proposals are more exploratory in nature and involve forward-looking and innovative-applied research and development projects.

Each proposal should not exceed $1 million with a duration within 18 months. Project proposals for follow-on work on those approved in previous rounds, or follow-up projects of completed ones undertaken by the applicant organisation or other institutes, may be submitted.

Industrial sponsorship is not mandatory but is encouraged. Funding priority will be given to applications having secured cash sponsorship.

The commission said a panel will assess the applications and only projects with exceptional merit like those with a major technology breakthrough will be funded.

Click here for more details or call 2737 2229.