TVP

Technology Voucher Programme

TVP (Technology Voucher Programme)

Fund focuses on sponsoring technological innovation in SME to increase productivity or make an improvement/ transformation for the service

Funding up to $600,000 for each eligible entity will be provided on a 2:1 matching basis. The applicant must contribute no less than one third of the total approved project cost in cash. Funding will be released to eligible entity after project completion. 

Entities applying for funding under TVP must fulfill the following requirements

  1. Registered in Hong Kong under the Business Registration Ordinance (Cap. 310) (“BRO”); or
    Registered in Hong Kong under the Business Registration Ordinance (Cap. 310) (“BRO”); or
    Established in Hong Kong by relevant ordinances as statutory bodies; AND
  2. Not a listed company in Hong Kong, and not a government-subsidized organization or subsidiary of any government-subsidized organization;
  3. Established in Hong Kong by relevant ordinances as statutory bodies*Government- subsidized organization refers to the organization that received subsidiary from the Government on a frequent basis.

*Government- subsidized organization refers to the organization that received subsidiary from the Government on a frequent basis.

Funding Scope

  1. Successful applicant can designate a technology consultant to provide consulting service for their projects. Here the consultant must be registered in Hong Kong.
  2. Applicant may purchase, rent, or order customized equipment, software, and technology solutions that are essential for their projects. The costs of such service will not exceed 50% of the project cost in general.”

Application Flow

1 Submit application and required documentation
2 Quotation
3 Wait for approval
4 Sign Agreement
5 Submit Final Report
6 Release Funding”

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