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1. What is the RTTP Funding Support?

RTTP subsidises local companies on a 2:1 matching basis to train their staff in advanced technologies, especially those related to ‘Industry 4.0’.

 

Supported by the Innovation and Technology Fund, the Vocational Training Council (VTC) administers the RTTP and serves as its Secretariat.

A company is eligible to apply for training grant for its employee(s) if:

  1. it is registered in Hong Kong under the Business Registration Ordinance (Cap. 310);
  2. it is a non-government and non-subvented organisation; and
  3. the employee nominated is a Hong Kong permanent resident.

This training grant works on a reimbursement model.

 

For example, if the course fee is HKD$27,000 per participant, the company will first pay HKD$27,000 to EDUP LIMITED.

 

The participant will have to attend at least 70% of the course (i.e attending 6 out of 8 lessons for a 8-lessons course and attending 4 out 5 lessons for a 5-lessons course)

 

Thereafter, the company will submit the claim application to get the reimbursement of 2/3 of the course fee which is HKD$18,000.

 

In the end, the nett course fee that the company is paying will be 1/3 of the course fee which is HKD$9,000.

Each company is subject to a funding ceiling of HK$500,000 in each financial year at the time of approving the application.

For example, if you have used up the HK$500,000 training grant in 2023, you can apply for another HK$500,000 in 2024 as it is the next financial year.

For you to receive the funding support, please take note of the following:

 

  • Minimum of 70% attendance (Meaning you can only miss 2 out of 8 lessons or 1 out of  4/5 lessons)

The training grant is payable upon satisfactory completion of the training and payment of course fees as confirmed by the course provider.

Companies are required to submit the claim form together with supporting documents to the Secretariat for reimbursement within two months after course completion.

We will be sharing a step-by-step guide on the procedures and documents required to apply for the reimbursement of the training grant.

7. How can our company sign up our employees for a course?

Our registration process is very simple.

 

  • Click on ‘Apply Now’ and fill up the form.
  • Our administration team will contact you within 48 hours.

Companies have to apply for the training grant at least 2 weeks before the course commencement.

To apply for the training grant, the company should apply via the online system (https://rttp.vtc.edu.hk) and provide the following documents:

(a) a copy of the company’s valid Business Registration Certificate;
and
(b) a copy of the Hong Kong Identify Card for each employee nominated for the training.

Course fees are strictly non-refundable once you have paid.

All participants are required to achieve a minimum of 70% attendance.

 

Meaning to say:

  • If the course consist of 8 lessons, you can only miss 2 lessons max.
  • If the course consist of 5 lessons, you can only miss 1 lessons max.
  • If the course consist of 4 lessons, you can only miss 1 lessons max.

Most of our courses do not require any prior background knowledge.

 

For courses that require prior background knowledge, it will be stated clearly on the course page.

All our courses are conducted Online via Live Webinar-style on Zoom.

 

Video camera has to be turn on at all times during the lesson.

 

Screenshots will be taken at two intervals during the lesson (30 mins after commencement of class and 30 mins before the class end).