Technology Voucher Programme Tvp 科技券計劃

This program intends to do so by means of financing use technological services and also solutions to enhance candidates performance, upgrade or transform their company processes. TVP was introduced to subsidise neighborhood enterprises in using technological solutions and also solutions to improve efficiency, or upgrade or change their service procedures. In 2020, the government better enlarged the sponsorship of the plan. Technology Coupon Programme is a fund assigned by the Hong Kong government to fund regional tiny and also medium-sized ventures or institutions to use technology solutions and options to increase efficiency or upgrade and also change organization procedures. The strategy was released in November 2016 in a pilot type and also was included as the following consistent funding strategy of the Development and also Technology Fund on February 27, 2019. Beginning with April 1, 2020, the Hong Kong federal government will further maximize modern technology vouchers to help firms utilize innovation to improve organization procedures and boost competitiveness.

TVP aims to subsidise non-listed regional enterprises/organisations in operation technological services and also options to improve efficiency, or upgrade or change their organization procedures. The Technology Voucher Program intends to subsidise local ventures and organisations on making use of technological services as well as services to improve efficiency, or upgrade or transform their business processes. The Modern technology Coupon Program aims to subsidise neighborhood enterprises/organisations on making use of technological solutions as well as remedies to enhance productivity, or upgrade or transform their company processes. What lots of SME's are not knowledgeable about is that the Hong Kong Innovation and Technology Commission provides financial support for this kind of financial investment. In November 2016 they introduced the Innovation Coupon Program.

Representatives from the listed below companies given on-site appointment to participants concerning their programs, the financing offered, and how to apply. Victor of countless respected honors, C&T's EPM software program is a tailor-made option that transforms standard manual procurement procedures right into an automated system of easy administration. At the end of the day, local business owner have to invest time and effort writing an effective application. To increase the possibilities for an effective application, company owner should describe effective study as well as seek advice from market specialists. Several digital tools now operate a SaaS version, suggesting you can pay month-to-month, enabling you the versatility to choose what suits your service best. Supports non-R & D jobs that aid upgrade neighborhood markets and advertise an I&T society in Hong Kong, including meetings, exhibits, workshops, workshops, youth tasks, etc.

• About half of the applications were submitted by regional modern technology companies, an instance being the touchless lift button system.
• The way in which candidates make use of project results must have a straight impact on their company procedures in Hong Kong.
• The Modern Technology Voucher Programme in Hong Kong is a brand-new grant program that will certainly aid neighborhood SMEs take on modern technology.
• Over the current years, I have been promoting the enhancement of the I&T ecosystem through policy measures and resource allotment in the Budget.

The Federal government attaches great significance to cyber safety and also is tackling the difficulties with a multi-pronged method. Allow me offer you several of the vital facets of our strategy. Over the recent years, I have been promoting the enhancement of the I&T environment via plan procedures and resource allocation in the Budget. Relevant initiatives include nurturing and pooling talents, drawing in enterprises, motivating scientific research study, generating market need and also establishing smooth financing channels.

Innovation Coupon Program 2018

To give monetary aid to assist individual SMEs broaden their business with their engagement in export promotion tasks. Copyright © 2021 BDO Limited, a Hong Kong limited firm, is a member of BDO International Limited, a UK firm limited by assurance, and types component of the worldwide BDO network of independent participant firms. BDO is the brand for the BDO network and for every of the BDO Participant Firms. Professional Services The expert solutions industry is encountering a period of fast adjustment and lots of specialist services firms are encountering new difficulties driven by price inflation, capture in earnings margin and increased lawful and also professional demand. The above organisations must either be signed up under the Companies Ordinance (Cap. 622) or the former Firms Ordinance (Cap. 32); or legal firms established under any type of Statutes in Hong Kong. Other organisations may likewise be thought about under phenomenal circumstances.

Government subvented bodies and also listed companies are not eligible for TVP. The IP legal rights created throughout the project may be owned by the market co-applicant if it has contributed 50% or even more of the complete task price during the project period. If this is not the case, the lead applicant ought to be the owner of the IP civil liberties.

Plan Ahead: A Digital Job Requires Time

The substantive business operation need to be a project or jobs while of the TVP application. A firm which is a shell service enrollment is not eligible. Upon receipt of an application, the Secretariat will certainly examine the eligibility of the applicant enterprise/organisation and also perform an initial screening. The Secretariat may likewise look for explanation or additional info from the candidate if necessary. Eligible applications will certainly be sent to the TVP Board while ineligible applications will be returned to the candidate. Applications sustained by the Board will be submitted to the Commissioner for Advancement and also Modern technology for approval of funding.

Your company must be doing the substantive company operation in Hong Kong, which belongs to the task for which you have actually applied. If your organization still hasn't got a main website, you're most likely missing out on a substantial item of the pie. Having a web site does greater than simply educate what products or services you need to supply, it helps construct your brand name picture, supplies a platform for client questions and also on-line sales. Any personal firm not listed in stock market with substantive organization operation, normally suggests company with sales, acquisition, rent out paying, salary or MPF paying as well as tax obligation document. From now on, applicant can begin the project right after they send their application online, and the constraint to wait and begin after approval is eliminated. Each application that is qualified for TVP are examined based on private qualities and is thought about on a case-by-case basis.

This programme supports regional ventures and also companies with funding on a 3:1 match basis. The maximum number of eligible projects is six, and qualified ventures can apply for as many as HK$ 200,000. To qualify, the business should have a company operation in Hong Kong. The Innovation Coupon Programme in Hong Kong is a give programme for SMEs to boost their efficiency, performance, competition, and organization processes.

Industries delighting in benefits in the process of Hong Kong's re-industrialisation consist of biotechnology, big information, the Web of Points, artificial intelligence and also wise city. ITB, Invest Hong Kong and also the ETOs will actively urge appropriate ventures to establish their visibility in Hong Kong. To promote re-industrialisation, the Federal government is preparing to develop an Information Modern technology Center and also an Advanced Production Centre in the Tseung Kwan O Industrial Estate, to be finished in three and five years specifically. In addition, the Federal government introduced a Technology Voucher Program 2 months ago to subsidise making use of innovation by SMEs to enhance performance or help with updating and also change. The ESS financing recipient firm can also get the Research and Development Cash Discount Plan to get a money discount of up to 40% of the business's expense in the task.