Technology Voucher Programme is a government fund sponsoring companies 75% of the IT project cost to improve productivity, operation and service. The cumulative subsidy for each eligible company is HK$ 600,000.
From 8th June, 2021, Hong Kong Productivity Council (HKPC) will be the Secretariat of the Technology Voucher Programme (TVP). More capital services Besides the Special 100% Loan Guarantee application, BizMagnet provides also variety of capital services, such as government fund consultation and MPF referral etc. Flexible cash-flow is essential nowadays business. Remember that cash-flow is the blood of an … Read more
In early time, Facebook, the mother company of WhatsApp, launched the “WhatsApp Payment” service in Brazil. Recently, our TVP consultant often receives inquiries from local SMEs about customer relationship management system (CRM) supporting WhatsApp. It is because the instant messenger has a very high coverage in Hong Kong. Almost all smartphone users register WhatsApp to … Read more
TVP applicants often ask BizMagnet consultancy if there is any shortcut for quotations required by the TVP office. Time is money, once a business meets a suitable supplier, it will sign the agreement and go ahead. It is not so common to do a in-depth comparison. However, government departments, public institutions and government funded projects … Read more
COVID-19 pandemic (formerly known as “Wuhan pneumonia”) spread globally and changes the habit of mankind. The incident moves e-Commerce forward for 5 to 10 years that some people never tried online shopping have started to buy daily stuff on the Internet. We can see the tremendous booming of Amazon and HKTVmall. An early investigation also … Read more
In the coming webinar by GS1 Hong Kong, experts will discuss how Hong Kong businesses perform digital transformation under the COVID-19 pandemic. The measure helps to seek new customers and strengthen customer loyalty. Business mixed with new economy model, for instance e-Commerce platform, digital marketing, O2O integration etc can implement the omni-channel marketing. Items such … Read more
The Retail Technology Adoption Assistance Scheme for Manpower Demand Management (ReTAAS) is a government fund that helps retailers to use manpower management technology and enhance productivity. All non-listed retailers are eligible to apply for the ReTAAS. ReTAAS sponsors 50% of the project cost with cumulative maximum $50,000. (Maximum number of application is two) The followings … Read more
Information technology industry is full of competition, for example, compete for Technology Voucher Programme project. Therefore the Competition Commission organizes a webinar about the Competition Ordinance for the IT sector. It will introduce the content of the Ordinance, Do’s and Don’ts under the Ordinance and some competition cases etc. IT suppliers should understand the Ordinance … Read more
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
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
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