The following case is a typical story of a Hong Kong manufacturer. In the decade 1990s, the cost of manpower and land kept rising for Hong Kong factories, and many of them decided to move to mainland China. After around 20 years, the economy of China has expanded a lot which leads to the same … Read more
The HKPC Academy and Facebook co-organize an online free seminar to introduce digital marketing strategy and Distance Business Programme (D-Biz). Speakers are representatives from Facebook, Fevaworks and Fimmick. In addition, a general manager of HKPC will introduce D-Biz in the same seminar. Webinar information Date: 2020-05-29 Time: 11:30 am – 12:45 pm Language: Cantonese Fee: … Read more
The BUD Fund has the latest improvement on 9th April, 2020. Each eligible enterprises can apply the Mainland Programme or the FTA Programme for at most 40 times. The maximum grant for each application is HKD 1 million, at a one-to-one basis. i.e. for each dollar the enterprise finances, the government will grant one dollar … Read more
The origin of the BUD Fund In resonance with Chinese “One Belt, One Road” project, the HKSAR government launched the Dedicated Fund on Branding, Upgrading and Domestics Sales (BUD Fund) of HKD 1 billion in 2012 to help Hong Kong companies to enter the mainland China market. From time being, Hong Kong has been discussing … Read more
BUD Fund is a multi-domain grant BUD Fund provides at most HKD 4 million to an eligible Hong Kong company to enter and expand in Mainland China and Free Trade Agreement (FTA) regions. It is a good cash-flow supply to those companies planning to brand, upgrade and market. However, many companies and business consultants get … Read more
Everyone is talking about Information Technology recently in Hong Kong. The story began from a blog post of then Secretary for Innovation and Technology Nicholas Yang (楊偉雄). On 19th April 2020, he announced the Distance Business Programme, D-Biz (遙距營商計劃) at the blog. The Programme would grant 100% of IT Projects that help enterprises to operate … Read more
If you have a smooth business in Hong Kong, it may be the time for you to consider an expansion to other regions. From an idea to a reality, we should have a holistic business plan and sufficient capital. People is always asking: how can I raise the fund? Let BizMagnet introduce to you some … Read more
2 Types of BUD Projects When we talk about BUD Fund, most people regard it as a project execution grant, i.e. You have something to do and the HK Government grants you some money to do it. Nevertheless, there are actually TWO types of BUD projects, named “Type (i)” and “Type (ii)” respectively. Well, the … Read more
Believe it or not, we finally initiate this project – the BizMagnet. We devote to business-government relations works for years and earn not only experience how to deal with government fund application but also precious friendship. Many friends ask us the same question, “everybody feels confused with the future after social unrest and the COVID-19 … Read more