In this paper, a micro-projection display with telecentric beam path in image space is designed. The device consists of a 0.26-inch liquid crystal on silicon (LCOS), a polarizing beam splitting cube and a hybrid refractive-diffractive eyepiece. The refractive-diffractive eyepiece has a focal length of 9.16 mm, a full field of view of 40° and a spectral bandwidth of 422~632 nm. The eyepiece is optimized by the wide-angle eyepiece, which consists of four optical lenses. The designed hybrid refractive-diffractive micro-projection display system has good projection effect while using a small number of lenses in a simple structure. This provides a reference for the future development of lightweight micro-projection systems.