The BUD Fund provides 2 programmes (“Mainland Programme” and “FTA Programmes”) to Hong Kong companies to brand, upgrade and promote in dedicated markets. The 1-to-1 matching fund gives a cumulative amount of HK$ 4,000,000.
BUD Fund (Dedicated Fund for Branding, Upgrading and Domestic Sales) was launched in 2012. It is a fund to assist Hong Kong firms to expand in mainland China and boost their competitiveness. Hong Kong and ASEAN (Association of Southeast Asian Natiosn) signed the “Free Trade Agreement” and “Investment Agreement” on 12th Nov 2017. Therefore the … Read more
BUD Fund extended to the ASEAN in 2018, divided into “Mainland Programme” and “ASEAN Programme”. It furthered to all economies which signed a free trade agreement (FTA) with Hong Kong, and ASEAN Programme upgraded as “FTA Programme“. After signing “Closer Economic Partnership Arrangement” (CEPA) with mainland China, Hong Kong signed a FTA with 7 economies … Read more
A chat with my friends from business chamber (not at a restaurant but WhatsApp) and all agreed that it is so hard for business now. “Last year it was just messy, once it looked ok and COVID-19 came.” “Cases were less then we had the national security law. My business is all about the US, … Read more
The Hong Kong Productivity Council organizes a free online seminar to introduce latest technology and application of moulding. It includes conformal cooling, laser polishing and intelligent moulding system and application in Industry 4.0. The webinar is suitable for manufacturing industrialists. Moreover, moulding and machine upgrade is under the scope of the BUD Fund. Don’t miss … Read more
As the implementer of the BUD Fund, the Hong Kong Productivity Council occasionally invites enterprises to share the successful BUD experience. BizMagnet BUD Consultant reviewed the story of On Hing Metal Die-casting Factory, presented by Eric Fung, the Business Development Director. On Hing applied for the BUD Fund Mainland Programme in 2016 for the first … Read more
The HKTDC arranges the T-box workshop and invites the manager of the BUD Fund Implementer to introduce the latest measure of the BUD Fund, including the virtual exhibitions organized by government related organizations or well-recorded suppliers. Also they will introduce the online BUD Fund application service launched on 30th June. If you like to enter … Read more
Kate and Jay were neighbour in the year of HKCEE, and that was time for old schoolmate gathering. They talk about everything, such as old jokes, families and works. Kate is a solicitor practicing in business affair, and Jay is a government fund consultant helping clients to apply for the BUD Fund and the TVP … Read more
(BizMagnet Limited is an experienced BUD consultant. Inquiry: 3611 5707) “Time is money”, we are hard-working because we know time is precious and BizMagnet agree with you. Therefore, we response to all inquiries within 15 minutes to answer “You are/are not eligible for the BUD Fund.” At least, we are glad to tell those obviously … Read more
The Hong Kong Productivity Council invites the representative from Office of Thai Trade Commissioner and several industry experts to share latest information about manufacturing in Thailand and some practical experience. This will definitely help you to enter the market and expand in the country. (BUD consultant: Thailand is an ASEAN member state which is covered … Read more
A BUD applicant company should authorize a representative for contact, and it is usually the company owner or staff. Whenever the BUD Office encounters ambiguity of the application, it will contact this representative for clarification. To our BUD consultant‘s experience, no matter how fine the BUD proposal is, the Office has to inquire to certain … Read more
