Cancellation of Cumulative Funding Limit for Technology VoucherThe Innovation and Technology Bureau has relaxed restrictions related to relevant institutions under the Technology Voucher program since August 14, 2020. Relevant institutions (i.e., enterprises/organizations established under different legal entities but with 30% or more ownership held separately by the same individuals) will…

Technology Voucher Program The government currently offers various subsidy programs, such as Technology Voucher Program, BUD (Business Development Fund), and SME Market Promotion Fund, to assist small and medium-sized enterprises in promoting their businesses. However, the conditions and subsidy amounts for each program are different. You can choose which subsidy…

Technology Voucher Program According to a report by the Hong Kong Economic Journal, the Hong Kong government’s funding for the “Innovation and Technology Fund” reached a new high in 2021, with actual expenditure doubling compared to 2017, reaching 4 billion Hong Kong dollars. The funding for the Technology Voucher Program…

The process of applying for the Technology Voucher Programme (TVP) is too complicated??? Many people find the application process for the Technology Voucher Programme (TVP) to be very cumbersome, with too many steps and a lot of required documents. There are also many who believe that there is no need…

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: If the applicant sells products, there may be a need to submit photos of the products or photos of the…

Many businesses faced significant challenges in the aftermath of Covid-19 in 2020. In recent years, many companies have ventured into the online space to expand their digital presence. Starting in 2021, there was a surge in companies inquiring about whether they could receive support through technology vouchers for their online…

Starting from 2020, facing the dual pressures of social movements and the pandemic, small and medium-sized enterprises (SMEs) in Hong Kong are encountering unprecedented challenges. However, many businesses have already begun to take advantage of the funding opportunities provided by the Technology Voucher Program (TVP) to upgrade and transform against…

Successful Technology Voucher Cases (2022) Voucher Case (Retail Industry - Clothing Retailer) BIL is a clothing retailer specializing in business attire and has been established for over 20 years. BIL’s clothing products include both in-house production and imported garments, and they currently have one warehouse and three retail stores. BIL’s…