5 Information security threats 2021

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In 2020s, every company relies on information technology somehow, from daily email communication, video conferencing, digital marketing to data system. People work from home under COVID-19 pandemic, and it will be a disaster if there is any information security issue. In the second half of 2020, BizMagnet TVP consultant summarizes 5 information security threats that … 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

SME Reachout Outreach activity

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SME Reachout promotes the 5 major government funding schemes, namely BUD Fund, TVP Fund, Export Marketing Fund, ReTAAS and Enterprise Support Scheme ESS. Frequently the SME Reachout team outreach at popular working place, and they will arrive D2 Place at Lai Chi Kok this time. There will be a webinar in the morning and followed … Read more

3 TVP methods you should know

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The Innovation Technology Commission launched the Technology Voucher Programme (TVP) as a pivot basis in Nov 2016, and increased the cumulative maximum to HK$ 400,000 and made the scheme regular in Feb 2019. Due to COVID-19 epidemic, the TVP Fund further enhanced in the Budget 2020: maximum raised to HK$ 600,000, subsidy ratio raised to … Read more

TVP Statistic 2020

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

COVID19 3rd wave – Distance business with government fund

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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

TVP Fund Application – A Complete Guide

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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