Latest: Apply BUD Fund online

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The Hong Kong Productivity Council launched “BUD Online Application” on 30th June 2020. Companies only log on “Online e-form application for BUD” to submit the application. Please notice that the BUD secretariat will not accept other means of application such as mail, in person or email after 31st July 2020. The tutorial of the Online … Read more

National security law, the future of Government Funding

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The HKSAR Government is required to enact the controversial National Security Law. According to the new law, 4 types of offences may lead to life sentence, and the Office for Safeguarding National Security of the Chinese Government shall exercise jurisdiction in some cases. After the announcement (1st July, Hong Kong SAR establishment day), thousands of … Read more

BUD Successful: Establishment in mainland China

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Everyone of us is talking about business development in China, but how to build our own brand and promote it thoroughly is a big problem. This time we will share a BUD successful story about a traditional dried seafood shop in Hong Kong. Mr Chan is the third generation of a dried seafood shop in … Read more

WhatsApp Pay launched

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After more than 2 years testing in India, WhatsApp launched the digital payment service in Brazil. (India and Brazil have the first and second most WhatsApp users). Facebook (the parent company of WhatsApp) is pushing more e-Commerce to its platform. Users can send money free while businesses are charged around 4% to receive the money. … Read more

Webinar: BUD Fund & TVP

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HKQAA Online Seminar: BUD Fund on Branding, Upgrading and Domestic Sales; and TVP Technology Voucher Programme – Optimization Measures and Application The BUD Fund grants at most HK$4,000,000 on a one-to-one basis and the TVP grants at most HK$600,000 on a three-to-one basis for an eligible Hong Kong company. The Hong Kong Quality Assurance Agency … Read more

BUD Fund Application – A Complete Guide

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(Last update: 07/11/2022) Since the launch in 2012, the BUD Fund is so popular for SMEs. The BUD Fund Mainland Programme and FTA and IPPA Programme offers HK$ 7,000,000 on a one-to-one basis to encourage Hong Kong business to brand, upgrade and promote in mainland China, FTA and IPPA economies. BizMagnet BUD consultant consolidates this … Read more

Webinar: BUD Fund & ReTAAS

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The Hong Kong Federation of Youth Groups Jockey Club Social Innovation Centre organizes the “Government Funding Available for SMEs” webinar. Hong Kong Productivity Council speaker will introduce the BUD Fund and Retail Technology Adoption Assistance Scheme (ReTAAS), about eligibility, scope and application procedure. Registration: Government Funding Available for SMEs

Common items in BUD Fund Projects

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After years of improvement, the BUD Fund “Mainland Programme” and “FTA Programme” (known as “ASEAN Programme” before) pair up at most HK$4,000,000 on a one-to-one matching basis to Hong Kong eligible companies. The following is some common items in the BUD Fund: Extra Staff Staffing is important for a new business development. Please notice that … Read more