FTA and IPPA Programme covers the ASEAN, the economies signed the “Free Trade Agreement” and the economies signed the “Investment Promotion and Protection Agreement”
According to the BUD Fund official website, effective from 7th Nov 2022, the cumulative ceiling for every eligible enterprise increases from HK$ 6,000,000 to HK$ 7,000,000; while the maximum number of approval increases from 60 to 70. At the same time, the EMF also increases to HK$ 1,000,000. The Chief Executive gave his first policy … Read more
Today (19/10/2022), the Chief Executive gave his first policy address and announced the upgrade of the BUD Fund and the EMF for SMEs: The limit of the BUD Fund increases from HK$ 6 million to HK$ 7 million. The limit of the EMF increases from HK$ 800,000 to HK$ 1 million. The special facility extends … Read more
One decade has passed since the launch of the BUD Fund in June 2012. The matching fund, initially, encouraged Hong Kong businesses to explore the mainland market. After series of enhancement, the BUD Fund now supports 37 economies and each eligible enterprises can get HK$ 6,000,000 at most. In order to help you to know … Read more
From 27th Jun 2022, the 3rd phase extension of the BUD Fund will be in effect as below: The FTA & IPPA Programme will extend to Kuwait and the United Arab Emirates. The total subsidy remains unchanged as HKD 6,000,000 on one-to-one basis. BizMagnet government fund consultant helps Hong Kong companies to apply for TVP, … 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
(This page is updated up to Mar 2024) The BUD Fund consists of “Mainland Programme” and “FTA and IPPA Programme“, and supports related projects in Mainland China and FTA and IPPA economies respectively. The FTA and IPPA Programme was originally the ASEAN Programme to supports projects in the ASEAN member states. Later on the Programme … Read more
From 14th Feb 2022, the 2nd phase extension of the BUD Fund will be in effect as below: The FTA & IPPA Programme will extend to Austria, Belgo-Luxembourg Economic Union, Canada, Denmark, Finland, France, Germany, Italy, Mexico, the Netherlands, Sweden and the United Kingdom. The total subsidy remains unchanged as HKD 6,000,000 on one-to-one basis. … Read more
From 30th July 2021, the BUD Fund enhances again as below: The FTA Programme now extends to Japan and Korea (Economies of “Investment Promotion and Protection Agreement”, IPPA) and renames to “FTA and IPPA Programme” The total subsidy of “Mainland Programme” and “FTA and IPPA Programme” increases from $4M to $6M BizMagnet government funding consultancy … Read more
