Government grants business to take projects which are beneficial to the business itself, the industry and the society as a whole.
According to the BUD Fund application guide, the applicant must be a registered Hong Kong company, and if there is local business (BUD Type (ii) project in general), the Hong Kong applicant company should demonstrate its direct investment relation with the local business. Recognized relation should be one of the following: The applicant owns more … Read more
BizMagnet consultant found several news about cases of government fund fraud. Some of the people may be greedy, some may be for the sake of convenience, and result in legal consequence. SMEs applying for the TVP usually offend the “bid rig” under “Competition Ordinance” and criminal offence such as “conspiracy to fraud” and “using a … Read more
BizMagnet BUD consultants often reach clients from different background, and find out that some fail to apply for the BUD Fund on their own. The $4 million grant is so attractive that companies submit the BUD application without knowing the detail. If enterprises want to get the government funding, it would be better to know … Read more
The GS1HK co-organizes the seminar with the HKPC, Messofy, Posify and MediaOn to discuss the business strategy after COVID-19. In the seminar, they will introduce the BUD Fund Mainland Programme and ReTAAS, O2O Omni-channel retailing, retail system and online marketing. Date: 2020/07/09 (Thu) Time: 2:00pm – 4:30pm Venue: Online OR 22/F, Overseas Trust Bank Building, … Read more
There are number of successful BUD stories since the establishment in 2012. The BUD Secretariat often invites applicant enterprises to share their successful experience with the government funding. BizMagnet BUD consultant is about to tell how a jewellery company transformed. From West to China The jewellery company had been a designer and manufacturer for Western … Read more
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
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
From 1st June, 2020, the applicants of Technology Voucher Programme (TVP) can commence the project after the application submission. This can speed up the progress for around several months. The representative of the Innovation and Technology Commission will discuss about the enhancement. Date: 23 July 2020 Time: 3pm – 4pm Venue: Online Organizer: HKTDC Speaker: … Read more
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
Due to the additional provision of D-Biz, the Hong Kong Productivity Council arranges a webinar to answer common questions about D-Biz. The Distance Business Programme is to help SMEs to use IT during the COVID19 epidemic for distance works. Date: 2020-06-29 Time: 2:30 – 3:15 Language: Cantonese Location: Live online Registration: Distance Business Programme Webinar … Read more
