BUD consultants help firms to apply the BUD Fund and their most valuable is experience.
In the 21st meeting, the Standing Committee of the 13th National People’s Congress decided to authorize the State Council to execute a pilot programme in the nine Greater Bay Area (GBA) mainland cities (Guangzhou, Shenzhen, Zhuhai, Foshan, Dongguan, Zhongshan, Jiangmen, Huizhou, and Zhaoqing). The programme allows Hong Kong and Macau lawyers to practice in specific … Read more
The Dedicated Fund on Branding, Upgrading and Domestics Sales (“BUD Fund”) grants Hong Kong companies as much as HK$ 4 million to expand in mainland China or Free Trade Agreement markets. As all other government funds, companies should follow the standard procurement process in BUD mainland and FTA programmes. For TVP application, applicants should submit … Read more
From social unrest in 2019 to COVID-19 this year, plus the global political conflict, it is a very difficult time for Hong Kong SMEs. A business upgrade and transformation with government funding could be a good idea in economic adversity. Not only save some money, but also gain resilience in the future. HSBC interviewed around … Read more
From today (1st Aug, 2020), BUD Fund application is available online only. Submission by post, by e-mail or in person would not be accepted. Enterprises can submit the application via BUD Secretariat website: https://apply.bud.hkpc.org/ The above information is provided by BUD Consultant BizMagnet.
BUD Fund extended to the ASEAN in 2018, divided into “Mainland Programme” and “ASEAN Programme”. It furthered to all economies which signed a free trade agreement (FTA) with Hong Kong, and ASEAN Programme upgraded as “FTA Programme“. After signing “Closer Economic Partnership Arrangement” (CEPA) with mainland China, Hong Kong signed a FTA with 7 economies … Read more
A chat with my friends from business chamber (not at a restaurant but WhatsApp) and all agreed that it is so hard for business now. “Last year it was just messy, once it looked ok and COVID-19 came.” “Cases were less then we had the national security law. My business is all about the US, … Read more
As the implementer of the BUD Fund, the Hong Kong Productivity Council occasionally invites enterprises to share the successful BUD experience. BizMagnet BUD Consultant reviewed the story of On Hing Metal Die-casting Factory, presented by Eric Fung, the Business Development Director. On Hing applied for the BUD Fund Mainland Programme in 2016 for the first … Read more
Kate and Jay were neighbour in the year of HKCEE, and that was time for old schoolmate gathering. They talk about everything, such as old jokes, families and works. Kate is a solicitor practicing in business affair, and Jay is a government fund consultant helping clients to apply for the BUD Fund and the TVP … Read more
(BizMagnet Limited is an experienced BUD consultant. Inquiry: 3611 5707) “Time is money”, we are hard-working because we know time is precious and BizMagnet agree with you. Therefore, we response to all inquiries within 15 minutes to answer “You are/are not eligible for the BUD Fund.” At least, we are glad to tell those obviously … Read more
A BUD applicant company should authorize a representative for contact, and it is usually the company owner or staff. Whenever the BUD Office encounters ambiguity of the application, it will contact this representative for clarification. To our BUD consultant‘s experience, no matter how fine the BUD proposal is, the Office has to inquire to certain … Read more
