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

Webinar: Latest TVP enhancement

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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

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

Webinar: D-Biz Do & Don’t

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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

D-Biz additional provision of $1B

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Today (2020/6/26), the Innovation and Technology Commission (ITC) announced that the Distance Business Programme (D-Biz) will have an additional provision of HK$ 1 billion from the Anti-epidemic Fund. Up to the moment, the government has received 14,500 D-Biz applications, proceeded 1,194 cases and approved 1,094 cases. The total grant is HK$ 44 million. Criticized D-Biz … Read more

Export Marketing Fund Application: A Complete Guide 2020

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(Last update: 07/11/2022) 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$ 1,000,000 and the scheme allows the applicant to implement the project first before application. Eligibility The basic eligibility of the … 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

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