Government Funding Programs
The Hong Kong SAR government offers a wide range of funding programs to help companies innovate and upgrade their business. Since 2017, Branch8 has successfully assisted clients to apply for the funding programs.
We offer a Funding Strategy Plan to ensure our clients obtain the funding below:
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Distance Business Programme (D-Biz) - HK$300,000 (100% grant from government)
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Technology Voucher Programme (TVP) - HK$600,000 (1:3 matching fund)
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Export Marketing Fund (EMF) - HK$800,000 (1:1 matching fund)
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Retail Technology Adoption Assistance Scheme (ReTAAS) - HK$50,000 (1:1 matching fund)
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Branding, Upgrading and Domestic Sales Fund (BUD) - HK$2,000,000
More details below or Contact Us for more details.
*NEW* - Distance Business Programme (D-Biz)
Background
Under the Anti-Epidemic Fund, the Innovation and Technology Commission (ITC) has launched the Distance Business Programme (D-Biz) to support enterprises to continue their business and services through the adoption of IT remote working solutions.
Funding Amount
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HK$300,000 per company
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HK$100,000 per IT solution
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30% initial payment upon approval
Documents Required
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Business Registration (BR) Certificate (business needs to be before 1 January 2020)
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NAR1 (for limited company) / Form 1a (unlimited company)
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Invoice and/or receipts with same BR name within the last 2 months
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Latest audit report (may be needed)
Note: Listed companies, statutory bodies and NGOs funded by the government is NOT applicable
Funding Scope Examples
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Setup online stores
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Remote document management & cloud storage systems
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Customer relationship management systems
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Financial management systems
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Virtual meeting tools
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Team management tools
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Digital marketing
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Cybersecurity
Application Period
Starts on 18 May 2020