Government Funding

Technology Voucher Programme (TVP)


Dedicated Fund on Branding, Upgrading and Domestics Sales” (the BUD Fund)


TVP

The Technology Voucher Programme (TVP) is provided by the Innovation and Technology Commission (ITC) to enable enterprises and organisations to use technology to improve productivity. Successful applicants whose projects are completed within 12 months can officially receive a cumulative funding up to HK$600,000.

Who is eligible?

  • Entities which are not a listed company, NGO or subsidiary of any government subvented organisation and with substantive business operation in Hong Kong which is related to the project under application at the time of application can apply for the fund. The entity must fulfill one of the following requirements, 
  • Registered in Hong Kong under the Business Registration Ordinance (Cap. 310); 
  • Incorporated and registered in Hong Kong under the Companies Ordinance (Cap. 622); 
  • Established in Hong Kong by relevant ordinances as statutory bodies;

Funding Amount

  • Each applicant may receive a cumulative funding cup to HK$600,000.
  • Each applicant may apply up to 6 projects per enterprise/organisation
  • Successful applicants must contribute no less than one fourth of the total project cost.

How Apping may help you?

Our funding professionals will assist and guide you through the application process.


BUD

To help SMEs and start-ups to grasp economic opportunities and capture the opportunities of the Chinese market and all economics with which Hong Kong had signed the Free Trade Agreements (FTAs), a one-billion-dollar fund is set to assist individual Hong Kong enterprises in exploring and developing the Mainland China and FTA economics markets through developing brands, upgrading and restructuring operations and promoting sales.

Who is eligible?

  • All private enterprises (excluding publicly listed companies, statutory bodies and non-government organisations funded by the Government) with a valid Business Registration Certificate,  AND
  • business commenced before 1 January 2020 and substantive business operation in the industry related to the project in the application at the time of application

Funding Amount

Funding will be provided on a matching basis. The Government will cover a maximum of 50% of the total approved project cost and the enterprise has to contribute no less than 50% of the total project cost in cash. During the tenure of the BUD Fund, each enterprise may obtain funding for a maximum of forty approved projects and the total cumulative funding amount is $4,000,000 under the “Mainland Programme” and the “FTA Programme”.

How Apping may help you?

Our funding professionals will assist and guide you through the application process.


Apping Technology
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