Good news! Temporary EMF measures

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Due to the poor economic condition in Hong Kong, the Trade and Industry Department announced temporary measures to the Export Marketing Fund (EMF). The followings will be in effect for two years from 30th April, 2021. The supporting scope extends to large-scale exhibitions staged by organizers with good track record targeting the local market, as … Read more

Webinar: E-commerce opportunity in the GBA

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

Webinar: Export Marketing Fund

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On 9th April, the Export Marketing Fund (EMF) enhanced to support virtual exhibitions. The EMF subsidizes Hong Kong SMEs to promote in markets outside Hong Kong, including latest promotion methods like website development, online advertisement and virtual exhibitions. The subsidy is 50% of the total cost and up to HK$ 800,000. The Hong Kong Trade … Read more

EMF cover 50% cost of new HKTDC sourcing

HKTDC sourcing

The Hong Kong Trade Development Council (HKTDC) ‘s mechanizing platform “HKTDC Sourcing” will launch new interface and function next month. There are more than 2 million registered buyers and 100 thousand suppliers on the platform, connecting more than 20 million businesses annually. You can apply for government fund subsidy to use the HKTDC sourcing platform. … Read more

Export Marketing Fund – break $3.9 billion

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The Trade and Industry Department (TID) announced that the Export Marketing Fund for SMEs (EMF) has granted more than HK$ 3.9 billion since establishment in 2001. Application: 289,698 Approved: 242,658 Rejected: 41,437 Withdrawn: 2,258 Grant: $3,923,573,000 (From 2001 to 11th Sep 2020) Dedicated to SMEs to expand markets outside HK Export Marketing Fund is dedicated … Read more

SME Reachout Outreach activity

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SME Reachout promotes the 5 major government funding schemes, namely BUD Fund, TVP Fund, Export Marketing Fund, ReTAAS and Enterprise Support Scheme ESS. Frequently the SME Reachout team outreach at popular working place, and they will arrive D2 Place at Lai Chi Kok this time. There will be a webinar in the morning and followed … 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

Export Marketing Fund Application: A Complete Guide 2020

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The HKSAR Government launched the “Export Marketing Fund, EMF” to help Hong Kong SMEs to boost export promotion and enhance Hong Kong competitiveness. Each eligible HK SME can have at most HK$ 800,000 and the scheme allows the applicant to implement the project first before application. Eligibility The basic eligibility of the Export Marketing Fund: … Read more

Brief Intro: Export Marketing Fund (EMF)

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When we talk about government fund, most of us will think about the BUD Fund or the TVP, and neglect the “Export Marketing Fund” (EMF). From 2001 to 11th Sep 2020, the EMF has already granted more than $3.9 billion to help SMEs to explore outside market. Let BizMagnet brief this useful EMF. Objective To … Read more

Government Fund: MPF

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(Latest news: BizMagnet MPF Referral service benefits both employers and employees) I went to a major MPF trustee in Hong Kong to explain the relation between government fund and MPF. Maybe you wonder why MPF relates to the government fund. This is the reason: Except start-up fund, all government business subsidy application requires the applicants … Read more