Government grants business to take projects which are beneficial to the business itself, the industry and the society as a whole.
There are plenty of successful cases of Technology Voucher Programme (TVP) since the launch in 2016. BizMagnet TVP Consultant has tidied up open statistic and review relevant information. In according to Legco 2019-2020 meeting document (ITB written reply to Finance Committee), there are totally 3,442 application up to Feb 2020. Among the 2,318 processed applications, … Read more
A chat with my friends from business chamber (not at a restaurant but WhatsApp) and all agreed that it is so hard for business now. “Last year it was just messy, once it looked ok and COVID-19 came.” “Cases were less then we had the national security law. My business is all about the US, … Read more
As the implementer of the BUD Fund, the Hong Kong Productivity Council occasionally invites enterprises to share the successful BUD experience. BizMagnet BUD Consultant reviewed the story of On Hing Metal Die-casting Factory, presented by Eric Fung, the Business Development Director. On Hing applied for the BUD Fund Mainland Programme in 2016 for the first … Read more
Kate and Jay were neighbour in the year of HKCEE, and that was time for old schoolmate gathering. They talk about everything, such as old jokes, families and works. Kate is a solicitor practicing in business affair, and Jay is a government fund consultant helping clients to apply for the BUD Fund and the TVP … Read more
(BizMagnet Limited is an experienced BUD consultant. Inquiry: 3611 5707) “Time is money”, we are hard-working because we know time is precious and BizMagnet agree with you. Therefore, we response to all inquiries within 15 minutes to answer “You are/are not eligible for the BUD Fund.” At least, we are glad to tell those obviously … Read more
Due to COVID19 surging infection, the Entrepreneur Day 2020 is rescheduled. Nevertheless, the virtual seminar will broadcast as scheduled. More information: Rescheduling of Entrepreneur Day A major annual highlight by the Hong Kong Trade Development Council – Entrepreneur Day 2020 is about to launch under the COVID19 pandemic. It is an integrated event of conference, … Read more
The COVID-19 (formerly known as Wuhan pneumonia) third-wave infection appears in Hong Kong with a lot of sources unknown. Dr Chuang Shuk-kwan, head of the Centre for Health Protection’s (CHP) communicable disease branch warned that the outbreak is severe and advised the public to work at home if possible. Nevertheless, distance business is not easy … Read more
Hong Kong Government established the Construction Innovation and Technology Fund (CITF), with an approved allocation of HK$1 billion, in October 2018. The fund aims to encourage and support the local construction industry in adopting innovative construction methods and technologies, thereby promoting productivity, uplifting build quality, improving site safety and enhancing environmental performance. SUCCESS invites the … Read more
A BUD applicant company should authorize a representative for contact, and it is usually the company owner or staff. Whenever the BUD Office encounters ambiguity of the application, it will contact this representative for clarification. To our BUD consultant‘s experience, no matter how fine the BUD proposal is, the Office has to inquire to certain … Read more
Since the launch in Nov 2016, the Technology Voucher Programme (TVP) is so popular for SMEs to enhance productivity, operation and services. We can see abundant successful TVP examples. Now (Jun 2016) the TVP Fund offers 75% of IT projects (cumulatively HK$ 600,000) for Hong Kong eligible companies. BizMagnet TVP consultant consolidates this “TVP Fund … Read more
