Government Funding

BUD Fund

Funding Scope

Any project that helps individual Hong Kong enterprises develop their brands, upgrade and transform, and/or expand into the Mainland and FTA economies can apply for funding.

Application

All unlisted enterprises registered in Hong Kong in accordance with the Business Registration Ordinance (Chapter 310) and having substantial business operations in Hong Kong are eligible to apply for funding. Regardless of whether they are engaged in the manufacturing or service industries, or have business operations in the Mainland and FTA economies, they are all eligible to apply for funding.

Funding Amount

Subsidy is provided on a reciprocal basis, that is, the government can fund up to 50% of the total approved expenditure of an individual project, and enterprises must bear no less than 50% of the total approved expenditure of the project in cash. During the application period of the Fund, each enterprise can receive funding for up to 20 approved projects each in the "Mainland Plan" and the "Free Trade Agreement Plan" and the maximum cumulative funding amount in total (the "Mainland Plan" and the "Free Trade Agreement Plan"). ) is HK$4 million.

Project Time

Each funded project must be completed within no more than 24 months.

SME Fund

Funding Scope

- An unlisted enterprise registered in Hong Kong in accordance with the Business Registration Ordinance (Chapter 310 of the Laws of Hong Kong).

- When applying for the fund, companies must have substantial business operations in Hong Kong. Shell companies or companies carrying out main business operations outside Hong Kong are not eligible.

- If the enterprise has received funding from the fund before, the cumulative funding amount cannot exceed the cumulative funding limit stipulated by the fund. Applicant enterprises with similar business registration information (business nature, address, contact number, shareholders/directors) will be regarded as related enterprises. For the purpose of calculating the upper limit of the cumulative subsidy amount, these related enterprises will be regarded as a single enterprise, that is, the cumulative subsidy amounts received by these related enterprises will be combined and cannot exceed the cumulative subsidy upper limit.

- The enterprise is not the organizer/co-organizer/service provider of the promotional activity involved in the application and the services related to the activity, or a company related to the organizer/co-organizer/service provider.

Funding

The upper limit of funding for a single project: 50% of the project amount or a maximum of 100,000 yuan (whichever is lower)

Initial funding: Add an option to apply for initial funding, with a maximum limit of 75% of the approved government funding

The upper limit of cumulative funding for enterprises: HK$800,000

Covered area/funding scope

- Hong Kong overseas trade fairs/exhibitions

- Hong Kong Overseas Business and Trade Delegation

- Local trade fairs/exhibitions that mainly target markets outside Hong Kong

*You can participate in local trade fairs/exhibitions, and the main target audience must be industry insiders outside Hong Kong and local people.

Examples of funded activities

Advertise in trade publications that mainly target markets outside Hong Kong

Through electronic platforms/media, mainly targeting overseas markets in Hong Kong

- Promoting event

- Advertise

- Keyword search

- Upload product information

- Build or optimize an online store

TVP

Technology Voucher is a fund allocated by the Hong Kong government to subsidize local small and medium-sized enterprises or institutions to use technological services and solutions to improve productivity or upgrade and transform business processes.