Important: HKPC becomes the TVP Secretariat

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From 8th June, 2021, Hong Kong Productivity Council (HKPC) will be the Secretariat of the Technology Voucher Programme (TVP). More capital services Besides the Special 100% Loan Guarantee application, BizMagnet provides also variety of capital services, such as government fund consultation and MPF referral etc. Flexible cash-flow is essential nowadays business. Remember that cash-flow is the blood of an … Read more

Good news! Temporary EMF measures

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Due to the poor economic condition in Hong Kong, the Trade and Industry Department announced temporary measures to the Export Marketing Fund (EMF). The followings will be in effect for two years from 30th April, 2021. The supporting scope extends to large-scale exhibitions staged by organizers with good track record targeting the local market, as … Read more

ESS finished and layoff coming

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Under the Anti-epidemic Fund of the HKSAR Government, the Employment Support Scheme (ESS) had two phrases, June to August and September to November this year. Companies accepting the ESS subsidy cannot cut jobs during the period. Therefore some enterprises such as Cathay Pacific didn’t apply for the second phrase. The ESS completed on 30th Nov … Read more

Detail quotation is essential

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In a recent survey, the Consumer Council found that many home renovation suppliers provide very vague quotation leading dispute or even incomplete works. Among the 11 renovation companies, only 2 can provide a detail quotation while the remaining 9 provided quotation vague or even without content. It is very hard to compare among the competitors … Read more

Webinar: Intellectual Property Registration

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One of the core of the BUD Fund is brand development. In order to protect the brand, we have to manage the intellectual property (IP) properly. The SUCCESS of the Trade Industry Department arranges the online seminar to discuss about intellectual property registration. It includes the difference between trademark, copyright and patent, also the intellectual … Read more

Webinar: BUD Fund and ReTAAS

As COVID-19 epidemic slowed down in Hong Kong, China and Southeast Asia, it is time for Hong Kong companies to plan the business expansion. The BUD Fund is implemented by the Hong Kong Productivity Council. Under the Fund, the Mainland Programme and the FTA Programme (formerly known as ASEAN Programme) provide a one-to-one subsidy up … Read more

Consultant: Demand in WhatsApp CRM

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In early time, Facebook, the mother company of WhatsApp, launched the “WhatsApp Payment” service in Brazil. Recently, our TVP consultant often receives inquiries from local SMEs about customer relationship management system (CRM) supporting WhatsApp. It is because the instant messenger has a very high coverage in Hong Kong. Almost all smartphone users register WhatsApp to … Read more

Webinar: E-commerce opportunity in the GBA

E-commerce in the Guangdong-Macau-Hong Kong Greater Bay Area (GBA) grows rapidly. There are plenty of platforms such as Taobao, Tmall, JD, Little Red Book and TikTok etc. The SUCCESS of Trade and Industry Department (TID) organizes the webinar “Exploring E-Commerce opportunities in the Greater Bay Area” and invites specialists in the industry to share latest … Read more

Webinar: Export Marketing Fund

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On 9th April, the Export Marketing Fund (EMF) enhanced to support virtual exhibitions. The EMF subsidizes Hong Kong SMEs to promote in markets outside Hong Kong, including latest promotion methods like website development, online advertisement and virtual exhibitions. The subsidy is 50% of the total cost and up to HK$ 800,000. The Hong Kong Trade … Read more

TVP supplier matching

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TVP applicants often ask BizMagnet consultancy if there is any shortcut for quotations required by the TVP office. Time is money, once a business meets a suitable supplier, it will sign the agreement and go ahead. It is not so common to do a in-depth comparison. However, government departments, public institutions and government funded projects … Read more

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