Policy Address: BUD EMF upgrade

BUD and EMF

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

Gov Funding with HSBC

(The event is done. Please view the review here.) BizMagnet co-organizes with HSBC Business Go (formerly known as “HSBC VisionGo”) the “Latest government funding and loan application” seminar. In the event, our consultants and HSBC representatives will share the capital issues of SMEs and corresponding solutions. These include the BUD Fund, the TVP and commercial … Read more

TVP ePROQ launch

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The HKPC announced at the TVP official website that the TVP procurement platform “ePROQ” will launch on 12th October. The authority arranges the Tactic Day as the launching ceremony. From time being, procurement is a major concern for most TVP applicants. The success of TVP application relies on a proper procurement procedure. A lot of … Read more

BUD Fund 10th anniversary

BUD Fund 10 year

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

BUD Fund 3rd phase extension 2022

International Trade

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

HSBC VisionGo writer

HSBC VisionGo

BizMagnet funding consultant is happy to become a writer of HSBC VisionGo. Our consultant will regularly post article to share latest information and analysis about government funding. BizMagnet articles are totally open and free. “HSBC VisionGo” is a business community platform operated by HSBC HK. At VisionGo, Entrepreneurs can seek business information and opportunity. General … Read more

Know more about Competition Ordinance for funding

Competition Ordinance

The Competition Commission has lodged a case recently against ATAL and Shun Hing. It accused ATAL and Shun Hing of price-fixing, market sharing and big-rigging in air conditioning projects, in contrary to the Competition Ordinance. The case is noticeable as ATAL was established by Otto Poon, the husband of Justice Secretary Teresa Cheng and the … Read more

Successful BUD cases in 2022

Successful BUD application

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

TVP enhances productivity with CRM

CRM benefit with TVP

It is so competitive nowadays, and firms put a lot of effort to maintain good customer relation. Customer Relation Management (CRM) has been built as an application to keep managing the customer relation. What is CRM? CRM means Customer Relationship Management system. It is a software system to automate all behavior engaged with customers. These … Read more