Hong Kong Technology Coupon Programme

On the other hand, the "iAM Smart" System launched recently would enable people to access federal government and industrial services by means of the one-stop personalised service platform using a single electronic identification. Services currently offered include eTax, revival of vehicle licenses, registration for employment solutions by task hunters, and services given by power and gas carriers. It is expected that by mid-2021, the variety of solutions accessible with "iAM Smart" will certainly increase to concerning 110. We are also actively strengthening the application of modern technology to aid with the anti-epidemic job, including the development of digital waists for house quarantine and CuMask.

Below are cross-industry and also industry-specific sources that are related to the financings. Any kind of investor holding 30% or even more possession would be treated as one single entity for the function of determining the collective financing quantity HK$ 600,000. -- consideration may include whether concrete project deliverables and also results have been established.

Representatives from the below companies offered on-site consultation to members about their programmes, the funding offered, as well as just how to apply. Champion of various prominent honors, C&T's EPM software is a tailor-made remedy that transforms conventional manual procurement procedures right into an automated system of simple administration. At the end of the day, company owner need to spend effort and time writing an effective application. To enhance the chances for a successful application, business owners must refer to successful study as well as speak with industry specialists. Numerous electronic tools currently operate on a SaaS version, indicating you can pay monthly, enabling you the flexibility to pick what fits your service best. Supports non-R & D projects that help upgrade local markets and promote an I&T society in Hong Kong, including seminars, exhibitions, workshops, workshops, youth activities, and so on.

• The Technology Coupon Program in Hong Kong is a motivation program for regional business to embrace technological services.
• You can discover agent to help you use if you wish to discover well-informed person to take care of the application and also boost the chance of success.
• Of funding to arrange details technology-related extracurricular activities.
• An applicant can apply for the TVP by self, as well as additionally ought to consider to work with a TVP expert.
• Funding support of each accepted job is up to HK$ 10 million and will certainly be offered on a dollar-for-dollar matching basis.

Aid to intend the job consist of evaluation task price, prepare for job routine, define project range, handle job routine. For info of authorized TVP projects, please see theList of Approved TVP Projects. ACW Solutions and ACW Distribution organized the Modern technology Coupon Program Seminar effectively on January 5, 2018 at North Point.

Hong Kong

Administered by the Advancement and also Technology Compensation, the Modern technology Voucher Programme aims to subsidise neighborhood business being used technical solutions and also solutions to enhance performance or upgrade or change their business processes. TVP aims to subsidise regional tiny and moderate enterprises being used technical services and also services to boost efficiency, or upgrade or change their company procedures. The programme will certainly be executed on a pilot basis for a first period of 3 years from November 2016 with HK$ 500 million from the Technology and Technology Fund.

Any kind of business or organization not detailed under the needed organizations of Hong Kong and also the Government of Hong Kong, would certainly not be qualified to get the financing under the Innovation Voucher Program. For each task, your organization can obtain HK$ 600,00 as financing if all the requirements suit. The applicant ought to submit all required documents to ITC for repayment upon conclusion of the authorized job. This includes a last job report, proof of deliverables, billings, as well as receipts, etc. From 1st of April 2020, the Federal government's financing proportion for every TVP job will be raised from two-thirds to three-quarters. The financing ceiling per candidate will be enhanced from $400,000 to $600,000 as well as the maximum number of approved projects will certainly additionally be enhanced from four to 6.

Find Solutions, Sources And Also Links Dealing With Your Organization's Demands

The driving force of technological development is to address the demands of the culture, residents as well as consumers or to fix the pain points in business operations. When modern technology and also ingenious concepts assemble, they can bring new motivation to promote lasting financial advancement. However, R&D and application of technology call for not just a considerable amount of resources, but likewise an appropriate context.

Supports using technical solutions and also solutions by enterprises as well as statutory bodies to enhance performance, or upgrade or change business processes. In an effort to enhance the competitiveness of Hong Kong businesses the Hong Kong Federal government released a 500 million Buck Pilot "Modern Technology Coupon Programme" under the Innovation & Technology Fund. This programme aims to subsidise SME's use of technical solutions and also solutions to improve productivity as well as upgrade company processes. The federal government has actually enchanced the Modern technology Coupon Program since 27 February 2019 for relaxing the eligibility. The funding ceiling per applicant are increase to help more companies to improve productivity, or upgrade or transform their company processes. TVP is applicable to any type of project that emphasizes technological services as well as services which enhance efficiency, or upgrades or transforms a company' processes.

WECREATE helps many clients to achieve exactly this, enabling them to reach their goals for growth. An applicant can request the TVP by self, and also should consider to hire a TVP consultant. As an enterprise can maximally request 6 times, most cases are the first effort in common.

Give funding assistance for neighborhood companies to carry out internal r & d (R&D) word with a view to motivating the economic sector to invest in R&D. Supports used R&D projects carried out by R&D Centres, colleges or various other designated regional public study institutes in collaboration with an exclusive company. The Federal government of the Hong Kong SAR has a variety of programs offering funding assistance for organizations. If an applicant stops working to abide by these audit needs, TVP assessors may choose to stop dispensation of any kind of previous approved funding. In such scenarios, the assessor might additionally request the applicant to return as well as pay off all TVP financing obtained in regard to this task. To satisfy this requirement, applicants need to involve an independent, Hong Kong licensed accountant ("CPA") to conduct an audit of these financial statements.