Know more: TVP consultant fee

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As of BizMagnet TVP consultant experience in the industry, the very question of a client is not “am I qualified to apply for the TVP?” but “how do you charge?”. It is reasonable to see if it is cost effective. In general, there are TWO charging methods for TVP consultation services: proportional and fixed fee. … Read more

Webinar: Technology Voucher Programme TVP

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Technology Voucher Programme (TVP) provides eligible Hong Kong companies 75% subsidy (cumulative maximum: HK$600,000) to use technology solution and services. The technology should enhance the total competitiveness, upgrade or transform the business. In the pandemic period, distance working with website and cloud system is essential for business operation. Recently, the TVP relaxed the restriction to … Read more

TVP consultant trend prediction 2021

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Very soon it is Q4 of 2020, and both 2019 and 2020 are unusual years. BizMagnet TVP consultant consolidates information and attempts to predict the trend of TVP (Technology Voucher Programme) in 2021. No matter you applied for government fund such as TVP and BUD Fund before, it is time for you to prepare next … Read more

False statement for government fund defraud – maximum imprisonment of 14 years

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Yesterday (2nd Sep) the Hong Kong Police Force arrested 15 persons, on suspicion of anti-epidemic fund fraud, seeking around HK$ 3.87 million. Suspects accused of submitting false proof, such as MPF records, transaction records, or altered retail photos downloaded from the Internet, to seek more government funding grant. This is another commercial crime case about … Read more

TVP suppliers shouldn’t be a TVP consultant at the same time

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BizMagnet TVP consultant received inquiries recently if we can provide TVP quotation. The answer is NO, because BizMagnet is not an IT system supplier. BizMagnet is a government funding consultancy to offer TVP consultation. We are clear about our role to clients. However, some participants in the industry, no matter IT solution provider or TVP … Read more

Webinar: How Kubernetes (K8s) container technology boosts WordPress to handle 10k hits/sec

Kubernetes(K8s) is an open-source container system. A container in computing is conceptually similar to a virtual machine (VM), but it can share operation system resource. Therefore a container system can dramatically reduce resource use from the VM architecture. It is also very elastic to handle multiple times of requests in seconds. The HKPC Academy arranges … Read more

Logistic experts invest on freight marketplace

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When we talk about innovative technology, usually it is about young people. But this time the story is about Jimmy Chow, a logistic expert in the industry more than 40 years. Jimmy worked in many international logistic companies, and witnessed how Hong Kong participants rely on labours still. Staff has to call the clients to … Read more

TVP “related entities” restriction relaxed

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According to the official TVP website announcement, the “related entities” restriction is relaxed from 2020/08/14. Now, different companies with the same ultimate natural person holding more than 30% shares will NOT be considered as ONE single entity. These companies have independent cumulative subsidy pool. In other words, suppose you own more than 30% of Alpha … Read more

10 TVP successful cases

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From social unrest and COVID-19, Hong Kong SMEs are under unprecedented stress. Never say never, there are also a lot of companies upgrade at the same time with the aid of the Technology Voucher Programme (TVP). They are optimistic about future and get well-prepared. BizMagnet consolidates 10 successful TVP cases to share the insight. The … Read more

Should I apply for the BUD Fund or the TVP?

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From social unrest in 2019 to COVID-19 this year, plus the global political conflict, it is a very difficult time for Hong Kong SMEs. A business upgrade and transformation with government funding could be a good idea in economic adversity. Not only save some money, but also gain resilience in the future. HSBC interviewed around … Read more