BUD consultants help firms to apply the BUD Fund and their most valuable is experience.
The Government released some data of the BUD Fund on 8th May 2023, and BizMagnet BUD Fund consultant is about to share. The BUD Fund was established in June 2012. Up to Feb 2023, there are about 5,700 applications approved and 4,100 enterprises reimbursed. The total released fund is about 3.4 billion HKD. In average, … Read more
The Dedicated Fund for Branding, Upgrading and Domestic Sales (BUD Fund) was launched in 2012 to help Hong Kong companies to brand, upgrade and market in mainland China. As Hong Kong signed Free Trade Agreement and Investment Promotion & Protection Agreement with other economies, the BUD Fund are now consisted of Mainland Programme and FTA … Read more
The Chief Execute-elect John Lee said, the re-opening of mainland border is the first priority job of his term. However, it is clearly not pragmatic to wait for the re-opening at this moment. “Zero-COVID policy” are only in several countries and regions in the world. Even isolated North Korea reported thousands of cases recently. Scientists … Read more
An early research by the HKTDC discovered that the consumers in Kuala Lumpur have accepted e-Commerce more and more. Many retailers which target on Malaysian consumers have joined local popular e-Commerce platform such as Lazada (the largest e-Commerce platform in Southeast Asia) and Shopee etc. The ASEAN economies grow fast in recent years with young … Read more
The local and global economy suffered from the COVID-19 pandemic. In order to assist local SMEs, the Hong Kong Government enhanced the BUD Fund further. The BUD Fund subsidizes Hong Kong eligible companies to expand in mainland and FTA markets (includes ASEAN), upgrade, transform and brand. The Mainland Programme and the FTA Programme (formerly known … Read more
E-Commerce evolves rapidly in recent years, and global online commerce demand increases immensely due to COVID-19 pandemic. Indonesia is one of the fastest growing online economy. The country is abundant of natural resource, labour export for years. As well as good policy and information technology advancement, the new economy moves fast. The SUCCESS of the … Read more
One of the core of the BUD Fund is brand development. In order to protect the brand, we have to manage the intellectual property (IP) properly. The SUCCESS of the Trade Industry Department arranges the online seminar to discuss about intellectual property registration. It includes the difference between trademark, copyright and patent, also the intellectual … Read more
As COVID-19 epidemic slowed down in Hong Kong, China and Southeast Asia, it is time for Hong Kong companies to plan the business expansion. The BUD Fund is implemented by the Hong Kong Productivity Council. Under the Fund, the Mainland Programme and the FTA Programme (formerly known as ASEAN Programme) provide a one-to-one subsidy up … Read more
E-commerce in the Guangdong-Macau-Hong Kong Greater Bay Area (GBA) grows rapidly. There are plenty of platforms such as Taobao, Tmall, JD, Little Red Book and TikTok etc. The SUCCESS of Trade and Industry Department (TID) organizes the webinar “Exploring E-Commerce opportunities in the Greater Bay Area” and invites specialists in the industry to share latest … Read more
Today is the 15th day of the 8th month of the Chinese calendar, known as the Mid-Autumn Festival. BizMagnet wish you a happy holiday. BizMagnet government funding consultant is professionally to help companies to apply for government funding. Our scope includes BUD fund consultation, TVP consultation, and other funding such as Export Marketing Fund, ReTAAS … Read more
