Understand more about business consultation, government business granting fund and latest business development trend.
For successful application and reimbursement of government fund, all procurement must follow the above process strictly and the winning vendor should be the one with lowest price. If the applicant cannot fulfil the above requirement, one should explain in detail to the Authority. BizMagnet will discuss with our clients how to observe the rule.
Building a brand is not easy, even with the assistance of the BUD Fund. Therefore we have a business model called “Authorized agency”. A Company as an agency of a brand helps the brand to enter a local market. Shun Hing Group founded by Mr William Mong is the sole agency of Matsushita in Hong … Read more
*This article was written in May 2020. However, the ITC Technology Voucher Programme relaxed the restriction on 14th Aug 2020, please refer to: TVP “related entities” restriction relaxed. Only for TVP. For all government business subsidies, the applicant should be a company. Some asked BizMagnet before this question: If I set up 10 companies, can … Read more
2 Types of BUD Projects When we talk about BUD Fund, most people regard it as a project execution grant, i.e. You have something to do and the HK Government grants you some money to do it. Nevertheless, there are actually TWO types of BUD projects, named “Type (i)” and “Type (ii)” respectively. Well, the … Read more
