Three major government funding. Help you develop an online business/digital business

Many people want to further develop their business online, but lack the starting capital to take the first step. Or maybe I want to switch to another business, but I am afraid that the investment will be too large and there will be no bargaining chip to turn over when the business fails.

In fact, the Hong Kong government has launched a lot of technology network development funds and subsidies to support the online transformation and development of different companies. See if you qualify now!

1. Technology Voucher (TVP)

Goal
"Technology Voucher" was launched in November 2016 to support local companies/organizations in using technology services and solutions to increase productivity or upgrade and transform their business processes.

Eligibility for Application
Local enterprises/organizations applying for technology voucher funding must meet the following requirements -
(a)(i) According to the Business Registration Ordinance (Article Chapter 310) registered in Hong Kong; or
(a)(ii) a company incorporated in Hong Kong under the Companies Ordinance (Chapter 622); or
(a)(iii) incorporated in Hong Kong under relevant ordinances Statutory body;
and
(b) not a Hong Kong listed company, nor is it a subsidiary of a government-subsidized organization3 or any government-subsidized organization3;
and
(c) and in the submission There is a substantial business operation in Hong Kong at the time of application, and the business must be related to the application project.

Characteristics of the project
* Provide funding for the project in a matching model of 3 (government):1 (enterprise/institution).
* Cumulative funding limit for each enterprise/organization: HK$600,000.
* Each company/institution can be approved for up to 6 projects.

Details: https://www.itf.gov .hk/l-tc/TVP.asp

2. Retaas Retail Industry Manpower Demand Management Technology Application Support Program span>

Goals
Support retail enterprises to apply technology to manage human demand and increase productivity.

Eligibility for application
All non-listed companies that are registered in Hong Kong in accordance with the Business Registration Ordinance (Chapter 310) and have substantial retail operations in Hong Kong, regardless of their stores The quantity is eligible to apply.

Characteristics of the project
The amount of funding is provided in equal amounts, that is, companies can receive funding of up to 50% of project expenditures. Each company can receive a total of HK$50,000 in funding to promote up to two projects.

Details: https://www.retaas.hkpc.org/tc/index.aspx< /a>

3. BUD special fund executive agency

Goal
 (i) Brand development; (ii) Upgrade and transformation; and (iii) Marketing market expansion

Application qualifications
Registration Ordinance (Chapter 310) is a non-listed company that is registered in Hong Kong and has substantial business operations in Hong Kong.

Features of the plan
Up to 40 projects and the maximum amount of accumulated funding It is HK$4 million.
The total number of approved projects that can be funded for each company and the maximum cumulative funding amount ("Free Trade Agreement Scheme" and "Mainland Project") are 40 approved projects and HK$4 million respectively.

Details: https://fta.bud.hkpc.org/ content/application/

Of course, we also need to cooperate with high-quality e-commerce companies to increase the chances of getting funding! Get in touch with Wilkinson Tech Solution immediately and take your first step!