February 29, 2024

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HK launches research talent hub

The Researcher Programme and the Postdoctoral Hub have been merged to become the Research Talent Hub to nurture more innovation and technology talents, the Innovation & Technology Commission announced recently.

At present, the Researcher Programme and the Postdoctoral Hub provide funding support for eligible companies and organisations to engage two researchers and two postdoctoral talents to conduct research and development work.

In the past three years, the Researcher Programme has approved over 2,300 researcher positions with total funding of about $780 million, while the Postdoctoral Hub has supported over 1,030 postdoctoral talents with total funding of about $603 million since its launch in August 2018.

The commission said the two programmes have been merged and collectively named as the Research Talent Hub, under which each eligible company or organisation can obtain funding support to engage up to four I&T talents with a bachelor’s, master’s or doctoral degree to conduct R&D work, thereby providing more flexibility for employers in engaging research talents.

The maximum engagement period for each research talent is three years in general. The maximum monthly allowances for research talents with a local bachelor’s degree, local master’s degree or doctoral degree are $18,000, $21,000 and $32,000.

All technology companies conducting R&D activities in Hong Kong, including incubatees and I&T tenants of the Hong Kong Science & Technology Parks Corporation and Hong Kong Cyberport Management Company Limited, as well as organisations and companies undertaking R&D projects funded by the Innovation & Technology Fund are eligible to apply.

Fintech talent scheme to be launched

According to another press release, The FinTech Anti-epidemic Scheme for Talent Development (FAST Scheme) under the second round of the Anti-epidemic Fund will be launched on July 2, the Financial Services & the Treasury Bureau announced on 1 July 2020.

The Secretary for Financial Services & the Treasury stated that the Government has earmarked $6 billion under the Anti-epidemic Fund to create around 30,000 time-limited jobs in both public and private sectors in the coming two years for people of different skill sets and academic qualifications.

To support fintech development, the bureau will launch the FAST Scheme for fintech companies and start-ups, and other enterprises with fintech-related businesses to create 1,000 new jobs to employ local people and enrich Hong Kong’s fintech talent pool.

The scheme will offer a quota of 1,000 openings for application on a first-come-first-served basis. Each fintech company can apply for one subsidy for a new full-time position.

Successful applicants will receive $10,000 per month as a salary subsidy for a maximum of 12 months. The total funding involved may amount to $120 million.

The applicant must be a Hong Kong-registered company or a not-for-profit organisation. It must have commenced business before January 1 and still be in operation at the time of application. It must also be conducting substantive fintech activities at a fixed physical office in Hong Kong.

The candidate must be a Hong Kong resident over 18 years old with a Hong Kong identity card.

The candidate must also be a holder of accredited certificates, diplomas and degrees obtained in programmes of post-secondary and tertiary institutes in disciplines including information technology, digital media, accounting or business management, or be a person with relevant work experience.

The bureau has appointed Cyberport to administer the scheme.

PARTNER

Qlik’s vision is a data-literate world, where everyone can use data and analytics to improve decision-making and solve their most challenging problems. A private company, Qlik offers real-time data integration and analytics solutions, powered by Qlik Cloud, to close the gaps between data, insights and action. By transforming data into Active Intelligence, businesses can drive better decisions, improve revenue and profitability, and optimize customer relationships. Qlik serves more than 38,000 active customers in over 100 countries.

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CTC Global Singapore, a premier end-to-end IT solutions provider, is a fully owned subsidiary of ITOCHU Techno-Solutions Corporation (CTC) and ITOCHU Corporation.

Since 1972, CTC has established itself as one of the country’s top IT solutions providers. With 50 years of experience, headed by an experienced management team and staffed by over 200 qualified IT professionals, we support organizations with integrated IT solutions expertise in Autonomous IT, Cyber Security, Digital Transformation, Enterprise Cloud Infrastructure, Workplace Modernization and Professional Services.

Well-known for our strengths in system integration and consultation, CTC Global proves to be the preferred IT outsourcing destination for organizations all over Singapore today.

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Planview has one mission: to build the future of connected work. Our solutions enable organizations to connect the business from ideas to impact, empowering companies to accelerate the achievement of what matters most. Planview’s full spectrum of Portfolio Management and Work Management solutions creates an organizational focus on the strategic outcomes that matter and empowers teams to deliver their best work, no matter how they work. The comprehensive Planview platform and enterprise success model enables customers to deliver innovative, competitive products, services, and customer experiences. Headquartered in Austin, Texas, with locations around the world, Planview has more than 1,300 employees supporting 4,500 customers and 2.6 million users worldwide. For more information, visit www.planview.com.

SUPPORTING ORGANISATION

SIRIM is a premier industrial research and technology organisation in Malaysia, wholly-owned by the Minister​ of Finance Incorporated. With over forty years of experience and expertise, SIRIM is mandated as the machinery for research and technology development, and the national champion of quality. SIRIM has always played a major role in the development of the country’s private sector. By tapping into our expertise and knowledge base, we focus on developing new technologies and improvements in the manufacturing, technology and services sectors. We nurture Small Medium Enterprises (SME) growth with solutions for technology penetration and upgrading, making it an ideal technology partner for SMEs.

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HashiCorp provides infrastructure automation software for multi-cloud environments, enabling enterprises to unlock a common cloud operating model to provision, secure, connect, and run any application on any infrastructure. HashiCorp tools allow organizations to deliver applications faster by helping enterprises transition from manual processes and ITIL practices to self-service automation and DevOps practices. 

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IBM is a leading global hybrid cloud and AI, and business services provider. We help clients in more than 175 countries capitalize on insights from their data, streamline business processes, reduce costs and gain the competitive edge in their industries. Nearly 3,000 government and corporate entities in critical infrastructure areas such as financial services, telecommunications and healthcare rely on IBM’s hybrid cloud platform and Red Hat OpenShift to affect their digital transformations quickly, efficiently and securely. IBM’s breakthrough innovations in AI, quantum computing, industry-specific cloud solutions and business services deliver open and flexible options to our clients. All of this is backed by IBM’s legendary commitment to trust, transparency, responsibility, inclusivity and service.

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