Guide to Application for Smart Traffic Fund

This guide serves as a comprehensive resource for completing application forms for the Smart Traffic Fund, which aims to promote research and application of vehicle-related innovation and technology. The Fund, established following the 2019 Policy Address Supplement, has earmarked $1 billion to enhance the convenience and efficiency of motorists and improve driving safety. The guide outlines the eligibility criteria for applicants, which include both public and corporate sectors, and details the funding support available, which can cover up to 50% to 90% of the estimated project costs depending on the sector. It also specifies the maximum funding limits for different types of projects, with a duration not exceeding 24 months. Furthermore, the guide emphasizes the importance of compliance with intellectual property laws and the handling of personal data according to the Personal Data (Privacy) Ordinance. Applicants are required to submit their applications electronically and may need to share their project experiences with the public.