HKDC DIP application form

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							Hong Kong Design Centre
Design Incubation Programme
Application Form
       FOR             ALL questions are              ALL mandatory admission                Reference Number:
     OFFICIAL          properly answered              criteria are fulfilled
     USE ONLY          [ ] Yes / [ ] No               [ ] Yes / [ ] No                       Date of Receipt:

 Please read the “Notes to the Applicant”, then complete this form and submit it (in A4                                   FOR OFFICIAL
 size hardcopy only either by mail or in person) together with the following documents.                                    USE ONLY
 1    Resume of ALL shareholders and full time employees (refer to the Application Form – Appendix)            [ ]
 2    Recommendation letter (ORIGINAL COPY with SIGNATURE) from a nominator to this application                [ ]
 3    ORIGINAL COPY of Hong Kong Business Registration Certificate                                             [ ]
 4    ORIGINAL COPY of Certificate of Incorporation, Memorandum & Articles of Association, NC1 or              [ ]
      AR1 form (for limited company)
 5    ORIGINAL COPY of Form 1(c) (for Partnership), or Form 1(a) (for Sole Proprietorship)                     [ ]
 6    Office layout plan (please refer to question A13)                                                        [ ]
 7    TEN sets of the design portfolio, such as pictures, photos, sketch, art work...etc., of the Applicant or
      its key designers preferably in A4 sized paper. The design portfolio should be the works of the          [ ]
      concerned designers as a student, freelance, from his / her previous and / or current jobs
 Important note: Your application will NOT be processed if any of the above documents are missing. Overseas
 applicants may submit item 3, 4 & 5 above later, please contact HKDC Design Incubation Programme Secretariat to
 follow up.

 Please submit the following at least 3 working days before the Admission Panel Meeting                                   FOR OFFICIAL
                                                                                                                           USE ONLY
 1   A presentation (preferably in PPT file format) which will be shown for 20 minutes in the Admission
     Panel Meeting to illustrate the Applicant’s business strategy, background and design portfolio of its    [ ]
     key designers and reasons to join the Design Incubation Programme.
 Important note: Your application will be treated as withdrawn if the above is not received on time or no show at the
 Admission Panel Meeting



                                             Section A : Particulars of the Applicant
     (Please mark an “X” in the appropriate box)
                                         i
 A1         Name of the Applicant :
            (Company Name)



 A2         Date of Establishment of the
            Applicant Company (month/year)
            Business Registration number
            (for local Hong Kong companies)


 A3         Legal and Operational Status of the Applicant (Please put an “X” in the appropriate box below)
            [ ] It is an independent start-up company

                                                        i) Name of the Parent
            [ ] It is a joint venture, spin-off         Company
            or subsidiary of its parent                 ii) Total Number of Staff
            company                                     of the Parent Company




 i
 If the Applicant is a sole proprietor or partnership, state the business name registered under the Business Registration Ordinance (Cap.310).
 For an Applicant registered under the Companies Ordinance (Cap 32), state the company name registered under Cap.32. The Applicant
 should not be a non-profit making organization, trading or industrial association / professional body or research institute.
 Effective from 4 June 2012                                               1                              HKDC-DIP-application-form (v002)
Hong Kong Design Centre
Design Incubation Programme
Application Form
 A4     Paid Up Capital of the Applicant
        (HK$)
        Have you received any                        [ ] NO
        investment from venture                                     i) Type of funding
        capitalists / angel investors/               [ ] YES
        corporate investors or                                      ii) Amount (HK$)
        Government Funding in the past
        2 years                                                     iii) Date of receipt



 A5     Design Focus of your main                    [   ] Product Design                  [        ] Fashion Design
        business or project (please put              [   ] Branding / Packaging            [        ] Interior / Architecture
        an “X” in ONE of the appropriate             [   ] Jewelry Design                  [        ] Visual/ Spatial Arts
        boxes)                                       [   ] Media & communication           [        ] Others (please specify)



 A6     Briefly describe (in around 50 – 100 words) the products or design concepts already developed or to
        be developed by the Applicant




 A7      Details of ALL Shareholder(s) and Full Time Employee(s) (* Please delete as appropriate)

                                                                                               ii
         Name                 HK ID Card No. /           Title / Position        Full Time              Major Role       Shareholding
  (as shown in HK ID           Passport No.                                      working in                as a           percentage
   card or passport)                                                           the Company              Designer *
                                                                                  Yes / No               Yes / No
                                                                                                                                   %
                                                                                  Yes / No               Yes / No
                                                                                                                                   %
                                                                                  Yes / No               Yes / No
                                                                                                                                       %
                                                                                  Yes / No               Yes / No
                                                                                                                                       %
                                                                                  Yes / No               Yes / No
                                                                                                                                       %
                                                                                                             TOTAL        100          %

 Total Number of Design Related Members (as at the time
 when submitting this application)

 Total Number of Non-Design Related Members (as at the
 time when submitting this application)

 Total Number of Resume Attached to this Application (Each
 shareholder and full-time staff should submit their resumes by
 using the form in Appendix to this Form)



 ii
  Any full time staff of the Applicant should be based in Hong Kong and should NOT be a full time student or have full time employment
 commitment with other companies or organizations.

 Effective from 4 June 2012                                       2                                 HKDC-DIP-application-form (v002)
Hong Kong Design Centre
Design Incubation Programme
Application Form

 A8      Status of Staying in Hong Kong for Key Personnel of the Applicant (Refer to A7) who does not hold
         HK Permanent Residence:

 Key Personnel           Permitted to remain
 of Applicant            in HK until dd/mm/     Status of staying in Hong Kong (please where appropriate)
 (Refer to A7i)          yyyy
                                               Study      Employment      Residence       Visitor        Others




 A9         Disclosure of Ownership/Business Relationship with Other Companies/ Organizations

 Key Personnel of                     Name of other companies /            Position / % of Ownership / Area of
 Applicant (Refer to A7)               organizations that you are                     Responsibility
                                   associated or have an interest in it




 A10        Disclosure of Share Ownership in any incubation company in the current Design Incubation
            Programme, or any other incubation programmes funded by the Hong Kong Government

 Key Personnel of                    Company Name and incubation           Position / % of Ownership / Area of
 Applicant (Refer to A7)               programme joined in past                       Responsibility




 A11        Disclosure of Relationship with any Current HKDC Staff

 Key Personnel of                Name of Current HKDC Staff                Relationship
 Applicant (Refer to A7)




 Effective from 4 June 2012                              3                      HKDC-DIP-application-form (v002)
Hong Kong Design Centre
Design Incubation Programme
Application Form
 A12        Contact Person

                                       iii
 Name of Key Contact Person :

 Day Time Phone Number:                                                 Fax Number:

 Mobile Phone Number:                                                   Company Website:

 Email Address:                                                         Current Office Size (sq.ft):

 Current Office Address:

 Correspondence Address:



                                               iv, v
 A13        Office Space Requirement

 Office Size Expected at Design
 Incubation Centre ( sq.ft., gross) :
 Expected Move-in Date (mm/yy) :

 Name of Furniture / Work Tools /                          Name of Furniture / Work Tools /
                                                                                                                   Area Required (sq.ft)
 Equipment and Required Area                                         Equipment

 Submit an OFFICE LAYOUT PLAN
 (preferably in A4 size paper) to show the
 arrangement of equipment and
 furniture …etc in your future office in the
 Design Incubation Centre.




                                                             TOTAL AREA REQUIRED (sq. ft.)



 A14         How did you know about the Design Incubation Programme?

 Please put an “X” into the appropriate box(es) below, and provide additional information where necessary

 [ ] Referral (Name / Company Name of Referee:                                                                                      )

 [ ] Website (Name of Website:                                                                                                      )

 [ ] Advertisement (Name of medium:                                                                                                  )

 [ ] Seminar (Name and date of seminar:                                                                                             )

 [ ] Other Channels (Please specify:                                                                                                 )




 iii
   The contact person should a full time staff stated in A7, who will be responsible for regular contact with HKDC concerning this application.
 iv
   Office space will be assigned subject to the sole discretion of HKDC and space availability at Design Incubation Centre.
 v
   The Applicant, if admitted, should not create any nuisance, air and/or other pollution in the Design Incubation Centre. The Applicant should
 reinstate the office room assigned to it upon termination of the Design Incubation Programme license agreement.
 Effective from 4 June 2012                                                4                              HKDC-DIP-application-form (v002)
Hong Kong Design Centre
Design Incubation Programme
Application Form

                              Section B: Business Plan (Business Information)
 Please describe the business of the Applicant by answering ALL of the below questions.

 B1     Briefly describe the key design discipline (e.g. fashion, interior, graphics)? (If you offer design
        services in more than one discipline, please state all of them and indicate the priority)
        Major design discipline:




        Others :




 B2     What new products / services will you offer in the coming 2 years? (Please attach pictures/ diagrams
        or previous design items in your design portfolio for illustration, if applicable)




 B3     Briefly describe the target customers / clients (those who pay), distribution channels & end-users
        (those who use the products / services) (e.g. Who are they? How many? …etc)




 B4     Briefly describe the design schedule for your client projects or own products? (e.g. your typical
        timeline for client discussion, idea generation, design sketch, sample or prototype…etc)




 B5     What are the competitive advantages of your products / designs?




 Effective from 4 June 2012                            5                        HKDC-DIP-application-form (v002)
Hong Kong Design Centre
Design Incubation Programme
Application Form

 B6     Give 5-year projection on revenue and net profit by filling in the below table

 Revenue                         The
                                             The Most        Year 1 in       Year 2 in       Year 3          Year 4          Year 5
                               Previous
 Sources                                    Recent Year     Incubation      Incubation    (Graduated)     (Graduated)     (Graduated)
                                 Year
                                          (Note: figures stated below are in HK$’000, so 800 will actually mean HK$800,000)
 (a) Revenue from Pure
 Design Services (e.g.
                              HK$           HK$            HK$             HK$            HK$             HK$            HK$
 freelance design
 projects)

 (b) Revenue from
 Client Projects
                              HK$           HK$            HK$             HK$            HK$             HK$            HK$
 (usually involve
 production work)
 (c) Revenue from
 Product Sales (usually
 involve the production       HK$           HK$            HK$             HK$            HK$             HK$            HK$
 and sales of own
 brand name products)

 Total Revenue                      HK$           HK$            HK$             HK$            HK$             HK$            HK$
 (a + b + c) = A


 (d) Staff Cost (Salary,
                              HK$           HK$            HK$             HK$            HK$             HK$            HK$
 MPF, allowance…etc)



 (e)   Material      and
                              HK$           HK$            HK$             HK$            HK$             HK$            HK$
 Production Cost



 (f) Operational Cost
                              HK$           HK$            HK$             HK$            HK$             HK$            HK$
 (e.g. Office overhead)



 (g) Marketing and
                              HK$           HK$            HK$             HK$            HK$             HK$            HK$
 Promotion Cost


 Total Cost
 (d + e + f + g)                    HK$           HK$            HK$             HK$            HK$             HK$            HK$
  =B

 Net Profit                         HK$           HK$            HK$             HK$            HK$             HK$            HK$
 (A – B)


 B7      Briefly describe any past track record of the Applicant / designers on similar products and design
         services? (e.g. Awards, school projects, design projects with previous employers, freelance design
         projects…etc)




 Effective from 4 June 2012                                            6                         HKDC-DIP-application-form (v002)
Hong Kong Design Centre
Design Incubation Programme
Application Form
 B8      Who is the nominator for this application (Preferably someone with experience of investing in,
         running and / or managing businesses)? Please state your relationship with him/her and briefly
         describe his/her background. His / her nomination letter should be submitted together with this
         Application Form




 B9      Show the corporate structure of the Applicant by an organizational chart, and briefly explain the
         job duties of the management and design team members?




 B10     Briefly explain why did you set up your design company and what do you think it will become in
         the coming 5 years and afterwards? Why do you think your company will be a sustainable and
         successful enterprise?




 Effective from 4 June 2012                          7                      HKDC-DIP-application-form (v002)
Hong Kong Design Centre
Design Incubation Programme
Application Form
                                   Section C: Business Plan (Milestone Summary)
If admitted to the Design Incubation Programme, the Applicant’s status as an incubatee (and thus eligible to receive the support services provided
by HKDC) will be assessed according to specific accomplishments against the milestones proposed by the Applicant and approved by Design
Admission Panel. These milestones will be assessed at the 4th and 12th month after the Applicant is admitted to the Programme. Please state the
proposed milestones by filling in the table below


1. Product / Project                  0 - 4th month                       5 -12th month                           13 - 20th month
/ Design Service
                                         (Note: measurable and quantitative data in point form must be provided where appropriate)
Development:
(1.1) Brief description of key
design work / service for
products or projects to be
undertaken

(1.2) Number and Nature of
design sketches to be
produced


(1.3) Number and Nature of
sample / prototype / design
proposal ready for
production or delivery

(1.4) Number and Nature of
deliverables of design
service / projects / products


(1.5) Number and Nature of
other product / service /
business development plan




2. HKDC Support                       0 - 4th month                       5 -12th month                           13 - 20th month
Services Usage
(state the usage                         (Note: measurable and quantitative data in point form must be provided where appropriate)
frequency)
(2.1) Number and Nature of
marketing & promotion (e.g
Business of Design Week)




(2.2) Number and Nature of
training and networking
activities (e.g. Knowledge of
Design Week, 7 + 1
Entrepreneurship for Design
& Creative Business…etc)

(2.3) Name of design related
competition / award
organized or supported by
HKDC (e.g. Design for Asia
Award)




    Effective from 4 June 2012                                            8                              HKDC-DIP-application-form (v002)
Hong Kong Design Centre
Design Incubation Programme
Application Form

3. Business                               0 - 4th month                    5 - 12th month                         13 - 20th month
activities and
results                                    (Note: measurable and quantitative data in point form must be provided where appropriate)
(3.1) Number and Nature of
Business Partnership
(manufacturer,
distributor,. …etc)

(3.2) Number and Nature of
Sales & Marketing Activities



(3.3) Number and Nature of
Clients Obtained (state the
client names if known)


(3.4) Number and Nature of
Award Application



(3.5) Number and Nature of
Patent / Trade Mark
Application

(3.6) Number and Nature of
Fund Raising Activities (e.g.
HK Business Angel Network,
Youth Business Hong
Kong…etc)

(3.7) Number and Nature of          FT:                             FT:                                   FT:
Headcount (Full or part time)
                                    PT:                             PT:                                   PT:
at end of the period

(3.8) Sales Revenue in the          HK$                             HK$                                   HK$
period (HK$’000)



4. Cash Flow Projection                            0 – 4th month                  5 – 12th month                      13 – 20th month
(HK$’000)                                          (Note: figures to be stated below are in HK$’000, so 800 will actually mean HK$800,000)
(1) Opening Cash Balance
[Paid-up capital, investor money,                        HK$                             HK$                                HK$
director/ shareholder loan, etc.]
 Additional Cash Injection:
 (a) Paid-up capital, investor
                                             HK$                            HK$                                 HK$
      money, director / shareholder
      loan.., etc.

 (b) Sales revenue (Cash)                    HK$                            HK$                                 HK$

 (c)    Government / NGO funding
                                             HK$                            HK$                                 HK$
        (Cash)
(2) Total Cash In                                        HK$                             HK$                                HK$
i.e. (a) + (b) + (c)
(3) Total Cash Out
(e.g. salaries, office operational cost,
                                                         HK$                             HK$                                HK$
production cost, sales & marketing
expenses…etc)
Closing Cash Balance
                                                         HK$                             HK$                                HK$
i.e. (1) + (2) – (3)

       Note: “Closing Cash Balance” of each period is the SAME as “Opening Cash Balance” in the NEXT period


       Effective from 4 June 2012                                          9                            HKDC-DIP-application-form (v002)
Hong Kong Design Centre
Design Incubation Programme
Application Form

                                       Declaration by the Applicant
 I,    _______________________         (name     as    shown    in   HKID      or   passport)    on    behalf    of
 _____________________________________________ (Company Name of the Applicant), its shareholders and
 its employees, have read and fully understood the terms and conditions (including the mandatory admission
 criteria and the related indemnity provisions) and all notes and terms in this application form and “Notes to the
 Applicant”.

 I hereby declare, on my own behalf and on behalf of the Applicant, its shareholders and its employees, that:
    The information and content provided in this application form and from this date forward is true, accurate,
     complete, up-to-date and not misleading.
    I understand that any incorrect information or content of false statement may result in the termination of the
     application process and Incubation License Agreement (if signed), the loss of status as an incubatee and all
     the related support and services to be provided by HKDC, and I may be liable to prosecution.
    I understand that the information and content provided in this application form will be vetted by HKDC staff and
     external assessors. HKDC will handle all information in this application form in the strictest confidence
    I understand that the indemnity provision contained in the Incubation License Agreement (if signed) and / or
     “Notes to the Applicant” may mean that (amongst other things) the Applicant will have to repay any benefit that
     HKDC has provided to it.
    The business of the Applicant and the proposed project is original and does not infringe any existing
     intellectual property right of other individuals or companies.
    I shall constantly update the information and content provided and shall inform HKDC immediately if there are
     any changes to the information or content that I have provided to HKDC whether in this application form or
     otherwise




 Authorized Signature with the           Full Name of the Signatory              Company Name of the
  Applicant’s Official Stamp                                                         Applicant
         (if applicable)



          Date of Signing




 Effective from 4 June 2012                              10                        HKDC-DIP-application-form (v002)

						
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