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.
The TVP will cease accepting application after 31st Dec 2024. The Government considers that the Programme has already achieved its purpose and it is time to come to a stop. Though the news shocks many companies, BizMagnet is looking forward to new funding applicable.
It was reported that the Commercial Crime Bureau (CCB) of the Hong Kong Police Force arrested 35 people on 10th Jan 2024 for Technology Voucher Programme (TVP) fraud cases, referred from HKPC, the TVP secretariat. The involved amount was more than HKD 10 million and one of the arrestee was an ex-district councilor Lam Chun. … Read more
BizMagnet wish you a happy new year! In the previous year, we had many many businesses and wrote less articles for our readers. We promise to write more in the coming time. A lot of people expected more opportunities in 2023 after the pandemic recovery, and they were disappointed. Economic downturn took places in almost … Read more
The Technology Voucher Programme (TVP) was founded in 2016 to support local businesses, NGOs and charities to improve efficiency and competitiveness with the use of technology. Every eligible company or organization can claim 75% of the IT project cost and it can be granted for 6 times. The total subsidy is HK$ 600,000. How to … Read more
Based on the query big data, BizMagnet TVP consultant lists out some common TVP questions. You may also know more about the Technology Voucher Programme.or our TVP application guideline.
The Competition Commission lodged a case on 22nd March 2023 in the Competition Tribunal against 4 IT companies. The case told that these companies unfairly obtained 189 projects in “D-biz” with cover bids and the corresponding amount is about 13 million dollars. This is the very first case, and what is cover bidding? Cover bidding … Read more
BizMagnet wish you a Happy New Year and good health. In the new year time, our consultant would like to share viewpoints about current situation, and the consequence to government funding. The Chinese Government’s termination of the “zero COVID policy” is the very first black swan of 2023. Almost nobody anticipated the sudden change before … Read more
Previously BizMagnet government funding consultant and HSBC Business Go co-organized the seminar “Latest government funding and bank loan strategy”. In the event, we share the latest situation of BUD Fund and TVP with the audiences. HSBC Business Go is a B2B artificial intelligent digital sharing platform under HSBC Group. BizMagnet is also a business member … Read more
(The event is done. Please view the review here.) BizMagnet co-organizes with HSBC Business Go (formerly known as “HSBC VisionGo”) the “Latest government funding and loan application” seminar. In the event, our consultants and HSBC representatives will share the capital issues of SMEs and corresponding solutions. These include the BUD Fund, the TVP and commercial … Read more
The HKPC announced at the TVP official website that the TVP procurement platform “ePROQ” will launch on 12th October. The authority arranges the Tactic Day as the launching ceremony. From time being, procurement is a major concern for most TVP applicants. The success of TVP application relies on a proper procurement procedure. A lot of … Read more