Since its inception in 2016, the HK EasyFund Government Funding Advisory Team has been dedicated to providing one-stop professional consulting services for government funding applications, specifically tailored to the needs of small and medium-sized enterprises in Hong Kong. With over 500 successful cases spanning 70 industries, our services have been warmly received and highly recommended by our esteemed clients.
Our services encompass a variety of government funding programs, including the Technology Voucher Programme (TVP), the Dedicated Fund on Branding, Upgrading and Domestic Sales (BUD Fund), and the SME Marketing Fund (EMF), among others. HK EasyFund offers comprehensive one-stop funding support services, which include pre-application consultations, assistance in preparing application documents, drafting project proposals, managing project progress, and providing advice on acceptance criteria and standards.
Our government funding advisory team consists of a group of seasoned professionals, including Government Funding Project Managers, experienced Technology Voucher (TVP) / BUD Sales Consultants, IT Project Consultants, BUD Business Consultants, and more.
TVP Technology Voucher Program
The Technology Voucher Scheme launched by the Innovation and Technology Commission aims to enhance the technology application of Hong Kong SMEs, accelerate business development, increase corporate productivity, and reduce daily operating costs, thereby enhancing the overall competitiveness of Hong Kong SMEs
BUD Dedicated Fund
-Mainland China
In order to assist Hong Kong companies in marketing and brand promotion in Mainland China, the Hong Kong Productivity Council has set up an optimized version of the BUD Dedicated Fund Mainland Program. The amount of funding has increased from HK$500,000 to 1 million in the previous policy address. Increased to two million yuan.
BUD Special Fund
-FTAs
Following the BUD Mainland plan, the Hong Kong Productivity Council established the BUD Special FundFree Trade Agreements , which aims to assist Hong Kong companies in marketing and brand promotion in the ten countries of the Association of Southeast Asian Nations (ASEAN). The amount is also in line with the Mainland plan.
SME
Marketing Fund
The "SME Marketing Fund" is organized by the Trade and Industry Department to target groups of SMEs. Through a plan to promote SMEs to participate in more activities related to the export industry, Hong Kong can eventually expand its overseas market.
In this challenging era of technology, HK EasyFund is dedicated to serving Hong Kong enterprises with sincerity. We boast a comprehensive IT consulting team, professional project managers, and thorough after-sales follow-up services. Our goal is to ensure that every application case is approved in the shortest possible time, achieving a 100% success rate. Moreover, we guarantee the utmost confidentiality in all application processes.
In our commitment to genuinely support the development of Hong Kong’s small and medium-sized enterprises (SMEs), we offer comprehensive, one-stop consultancy services. These services are designed to help you gain a deeper understanding of how government funding can be leveraged to support your business. From the initial free consultation to subsequent assessment, planning, application, and even project and financial management, our team is dedicated to serving you wholeheartedly, ensuring each step is filled with hope and opportunity. Join us on this journey to craft a bright future for your business.
*The refund of the deposit is subject to specific terms and conditions, as detailed in the sales documentation.
Three Major Advantages, Your Premier Choice
Professional Team with Extensive Experience
The HK EasyFund Advisory Team is composed of seasoned consultants with years of experience in applying for government funding programs, boasting over 500 successful cases. We believe that our professional expertise and experience enable us to provide efficient and successful application services to our clients.
One-Stop Comprehensive Service
Our services range from pre-application consultations, assisting in preparing application documents, drafting project proposals, managing project progress, to providing acceptance standard consultations. This means our clients can receive all the necessary support in one place, making the application process more convenient and seamless.
Customer-Centric Service Attitude
We are committed to putting our clients first and providing solutions that best meet their needs. By closely understanding our clients' business requirements, we tailor the optimal funding application strategies for them, ensuring they fully capitalize on government funding opportunities.
Technology Voucher Three-Step Assessment
The Technology Voucher Programme (TVP) offers businesses up to HKD 600,000 in funding support, aimed at enhancing their competitiveness, improving business operations, or facilitating transformation through technological systems. The programme offers a funding ratio of up to 75% and allows businesses to start their projects immediately after submitting their application.
To ensure that enterprises successfully secure funding when applying for the TVP, conducting a self-assessment is crucial. Here is a simple three-step self-assessment process to ensure that enterprises meet the application requirements and increase their chances of success.
- Before applying for the Technology Voucher, it is essential first to determine eligibility, such as having documentation for various operational aspects.
- Once the enterprise is confirmed to be eligible for application, a detailed assessment should be made to ensure that the technology project for which funding is sought is feasible and aligns with business objectives and needs.
- The enterprise should prepare a detailed project plan, including an implementation timeline, budget, working capital, etc.
TVP FAQ
The Technology Voucher is a funding program established by the government to encourage small and medium-sized enterprises to utilize technological services and solutions. Here are some frequently asked questions about the Technology Voucher:
The Technology Voucher is one of the initiatives under the Innovation and Technology Fund by the Government’s Innovation and Technology Commission. Its aim is to assist local small and medium-sized enterprises (SMEs) in using technological solutions to enhance productivity and competitiveness, or even to upgrade or revamp their business processes. Each company can be approved for up to six projects, receiving a maximum of HKD 600,000 in total. The Innovation and Technology Commission provides funding on a 3:1 matching basis, meaning the enterprise must bear at least one-fourth of the total project cost.
Applicants for the Technology Voucher must be companies registered or established in Hong Kong, with substantial business operations in the region. Moreover, the business must be relevant to the project for which the application is made.
- A copy of the Business Registration Certificate or an annual return copy from the Companies Registry.
- Copies of proof documents for actual business operations in Hong Kong for the past three months.
- A valid copy of the Hong Kong Identity Card or passport of the person applying on behalf of the company.
- A signed copy of the Integrity and Anti-Collusion Quotation/Tendering Confirmation.
- Copies of the quotation(s).
- A completed TVP application form.
Although enterprises can apply for the TVP on their own, hiring a technology voucher consultant offers several advantages:
Expertise: Consultants possess specialized knowledge and experience in the application process, which can help enterprises understand the procedures, rules, and policies, thereby increasing the likelihood of a successful application.
Time and Effort Saving: The application process for the TVP involves extensive paperwork and data entry, which can be time-consuming and labor-intensive. Employing a consultant allows businesses to focus on their core operations while leaving the application process to professionals.
Efficiency: Being familiar with the application procedures, consultants can complete various stages of the work more quickly, enhancing overall efficiency.
Policy Interpretation: Consultants can assist enterprises in interpreting policy requirements to ensure that application materials meet the standards of government departments, avoiding delays or rejections in the review process.
Professional Advice: Consultants can provide expert recommendations tailored to the specific circumstances of the enterprise, aiming to achieve the best possible outcome in the application.
Ineligibility: If the enterprise does not meet the basic eligibility criteria for the TVP application, such as company size or registration duration, the application may be rejected.
Incomplete or Incorrect Application Materials: Incomplete documentation, errors in data entry, or inaccuracies in the application process can lead to rejection.
Non-compliance with Policy Requirements: If the technology project applied for does not comply with policy requirements, such as not falling within the supported scope or lacking innovation.
Unclear Economic Benefits: If the project does not clearly demonstrate its contribution to enhancing the competitiveness and economic benefits of the enterprise.
Unreasonable Budget: The project budget is too high or does not meet the government department’s review standards.
Unclear Project Schedule: Vague or nonspecific project schedules submitted by the enterprise make it difficult for the reviewing department to determine the feasibility of the project.
Non-compliance with Application Procedures: Failure to follow the prescribed application process can lead to rejection.
To avoid rejection, enterprises should thoroughly understand the policy requirements, ensure eligibility, complete application materials, and follow the prescribed procedures. Additionally, hiring a professional technology voucher consultant to assist with the application can increase the likelihood of success.
BUD Fund Three-Step Assessment
The Mainland Programme and the Free Trade Agreement and Investment Agreement Programme of the BUD Fund provide up to HKD 7 million to Hong Kong enterprises for brand building, business upgrading and transformation, and market promotion. This funding aims to enhance the competitiveness of enterprises in Mainland China, Southeast Asia, and markets under free trade agreements and investment agreements.
To ensure that enterprises successfully secure funding when applying for the BUD Fund, conducting a self-assessment is crucial. Here is a simple three-step self-assessment process to ensure that enterprises meet the application requirements and increase their chances of success.
- Before applying for the BUD Fund, assess the company's business plan and budget, such as the regions to be developed and the implementation timeline.
- Once the enterprise is confirmed to be eligible, engage a fund consultant to assist in checking the required documents and in drafting the application proposal.
- The enterprise should prepare detailed working capital as funds are needed to initiate the project upon commencement.