TVP consultant: think carefully for application

TVP trap

Recently BizMagnet TVP consultant received a case that a SME incited by a TVP supplier to use the TVP agent service. It was again a conspiracy of bid rigging. As the deal is under the table, the SME now has a tiger by the tail. The TVP IT supplier demands additional charge, while the SME … Read more

Big data social media marketing with BUD Fund

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If things go right, China will be in post-pandemic time and online marketing will be more important than ever. Chinese rely heavily on social media, such as early day Weibo(微博), Wechat(微信) and nowadays Little Red Book(小紅書), TikTok(抖音) and Kwai(快手) etc. The Research Department of Hong Kong Trade Development Council (HKTDC) posted an interview on 15th … Read more

TVP POS retail system

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Today(12/9) is the first weekend after social gathering ban relaxed (4 people for a table). Obviously there are more people in the streets and malls, especially restaurants and retail store in shopping malls. BizMagnet hopes Hong Kong people keep the social distance to protect ourselves and recover the economy soon. I went out to observe … Read more

Know more: TVP consultant fee

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As of BizMagnet TVP consultant experience in the industry, the very question of a client is not “am I qualified to apply for the TVP?” but “how do you charge?”. It is reasonable to see if it is cost effective. In general, there are TWO charging methods for TVP consultation services: proportional and fixed fee. … Read more

TVP consultant trend prediction 2021

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Very soon it is Q4 of 2020, and both 2019 and 2020 are unusual years. BizMagnet TVP consultant consolidates information and attempts to predict the trend of TVP (Technology Voucher Programme) in 2021. No matter you applied for government fund such as TVP and BUD Fund before, it is time for you to prepare next … Read more

False statement for government fund defraud – maximum imprisonment of 14 years

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Yesterday (2nd Sep) the Hong Kong Police Force arrested 15 persons, on suspicion of anti-epidemic fund fraud, seeking around HK$ 3.87 million. Suspects accused of submitting false proof, such as MPF records, transaction records, or altered retail photos downloaded from the Internet, to seek more government funding grant. This is another commercial crime case about … Read more

Kuala Lumpur consumer behavior research – BUD Fund to Malaysia

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The Hong Kong Trade Development Council (HKTDC) research has conducted a survey recently to study buyer behavior in Kuala Lumpur (KL) of Malaysia. BizMagnet BUD consultant believes that is valuable reference for businesses intend to go Malaysia, and highlights the keynotes with the information of the BUD Fund FTA Programme (a.k.a. ASEAN Programme). This article … Read more

TVP suppliers shouldn’t be a TVP consultant at the same time

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BizMagnet TVP consultant received inquiries recently if we can provide TVP quotation. The answer is NO, because BizMagnet is not an IT system supplier. BizMagnet is a government funding consultancy to offer TVP consultation. We are clear about our role to clients. However, some participants in the industry, no matter IT solution provider or TVP … Read more

5 Information security threats 2021

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In 2020s, every company relies on information technology somehow, from daily email communication, video conferencing, digital marketing to data system. People work from home under COVID-19 pandemic, and it will be a disaster if there is any information security issue. In the second half of 2020, BizMagnet TVP consultant summarizes 5 information security threats that … Read more

How much revenue should a company have to apply for the BUD Fund?

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If you read BizMagnet Insights constantly, you must know that proof of substantive operation is essential for BUD application. Then, some may ask, “How much should a company make in a year to qualify as a BUD applicant?” $500,000? $2 million? Or even $4 million. Stop guessing, let us see how the professional BUD consultant … Read more