Source: Hong Kong Government special administrative region
The Government announced today (September 30) that a first batch of seven pilot cases of the Intellectual Property Financing Sandbox (Sandbox) have successfully completed credit approval. The Government also launched the Pilot Patent Valuation Support Scheme (Pilot Scheme) to strengthen support for enterprises in valuation of their intellectual property (IP) assets. The two complementary measures not only signify an important step forward for Hong Kong in promoting enterprises’ use of IP assets as a financing tool, but also help accumulate practical experience and enhance the relevant support measures for the further local development of IP financing, in line with the direction set out in the First Five-Year Plan for Economic and Social Development of the Hong Kong Special Administrative Region (2026-2030) (Hong Kong’s First Five-Year Plan) and the Chief Executive’s 2026 Policy Address to deepen Hong Kong’s development as a regional IP trading centre.
The seven pilot cases that have successfully completed credit approval cover the electronics, construction, toy manufacturing and medical device sectors, involving IP assets comprising patents and trade marks, with loan amounts ranging from $1 million to $39 million. Details of the participating banks and enterprises are available at the Hong Kong Monetary Authority (HKMA)’s website (www.hkma.gov.hk/eng/news-and-media/press-releases/