TVP Funding for dummies 2022

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The Technology Voucher Programme (TVP) of the Innovation and Technology Commission (ITC) launched as a pivot programme in 2016, and became a regular programme in 2019. All eligible companies registered in Hong Kong (including individual, partnership, limited company and organization) can obtain a matching TVP fund on a 3:1 ratio (i.e. 75% of the cost) … Read more

TVP Quotation

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Quotation is a fundamental business behavior and it appears always during procurement. However, there is some difference between private sector and the government in procurement. This makes quotation for the TVP a headache sometimes. In this article, BizMagnet TVP consultant shall glance the government procurement, explain the difference and consequential problem. We will attempt a … Read more

TVP FAQ 2022

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Technology Voucher Programme launched as a pivot programme in 2016. It became regular in Feb 2019. Local businesses which fulfill the basic requirement (e.g. substantive operation, non-listed etc) can submit TVP application to the Innovation and Technology Commission (ITC). Successful applicants can enjoy the matching fund for 75% of their IT project cost, with a … Read more

Common TVP fraud

TVP trap

BizMagnet consultant wrote about TVP fraud in 2020, around the third wave of epidemic. Nowadays, Hong Kong business environment changed completely, and many businesses closed due to social distance measures. Even the HKSAR Government launched number of supporting scheme, such as D-Biz, enhanced 100% Special Guarantee Loan scheme and extended Export Marketing Fund etc, local … Read more

Use Govt Subsidy to capture Economic rebound

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On 7th April, 2022, the HKSAR Government released the second Consumption Voucher to the citizens by the same electronic payment platform, which are Octopus, Alipay, Wechat Pay and Tag & Go. It is anticipated that the social distance measures will be relieved after the expiration on 20th April. Variety of suspended businesses such as beauty, … Read more

Detail quotation is essential

Prepare quotation for BUD application

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

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

TVP supplier matching

Technology Voucher Programme TVP - BizMagnet Limited

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