Latest Release: BUD Easy Application

The government launched the “BUD Special Fund” on June 16, 2023 – Easy Application:

  • The funding ceiling for each approved project under Easy Application is HKD 100,000????.
  • Funding will still be provided on a 50%:50% basis, following the principle of equal sharing????.
  • Application processing time has been shortened to complete within 30 working days⏳.
  • Applications will be accepted throughout the year, and you can apply every 6 months????.
  • The maximum project implementation period is 12 months????.

“BUD Special Fund” – Easy Application can fund projects such as????:

  • Advertising promotion
  • Exhibitions and related expenses
  • Design and production of promotional materials
  • Establishing or updating company websites
  • Mobile applications for promotional purposes, and more.

Significant Updates to Technology Voucher Application Documents!

The Innovation and Technology Bureau is tightening the application process for technology vouchers. When applying for IKEA, there may be a chance that the following documents need to be provided:

  1. If the applicant sells products, there may be a need to submit photos of the products or photos of the store.
  2. Some bank transaction records as operational evidence.
  3. Employee MPF records or labor insurance.

Therefore, our company absolutely refuses to assist enterprises attempting or intending to defraud government subsidies. We recommend Hong Kong companies to use technology vouchers for:

  1. Creating a company website.
  2. Website SEO optimization.
  3. Mobile application (App).
  4. Customer database (CRM).