The Science and Technology Development Fund (FDCT) is instituted according to the Administrative Regulation No. 14/2004 of the Macao Special Administrative Region (SAR), which is amended through the Administration Regulation No. 1/2021, and subject to the supervision of the Secretary for Economy and Finance of the Macao SAR. FDCT aims to provide funding for projects that facilitate improvement in the SAR’s research and innovation capabilities as well as competitiveness. The following projects are suitable for funding application:

1. Projects which will facilitate the prevailing development of science and technology;
2. Projects which will assist enterprises enhance their productivity and competitiveness;
3. R&D, promotional and innovative projects in favor of industrial development;
4. Research projects which facilitate conversion of research results;
5. Projects which promote external scientific and technological cooperation;
6. Technology transfer projects which are prioritized to drive the economic development of the community;
7. Patent application.

FDCT takes charge of the work relevant to the Science and Technology Awards of the Macao Special Administrative Region and can, upon the invitation of any of the renowned science and technology award giving organizations in mainland China, or other countries and regions, recommend the SAR’s research institutions and researchers to apply for the awards concerned. In addition, FDCT provides funding for research platforms built in the SAR.