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Hong Kong Technology Voucher Programme

As a whole, the costs of such tools/ equipment/ software program/ solutions or solutions should comprise no more than 50% of the job price. By comparison, the D-Biz Programme has a financing ceiling of HKD 100,000 per IT solution, as well as each venture might obtain as much as HKD 300,000. Prior to joining BDO, he functioned as the Area CIO for the Far East Area for one of the big 4 certified public accountant companies leading the innovation and also assistance solutions for 10 nations in the region. In addition to handling the inner support solutions for BDO, Philip likewise gives IT consultancy service to exterior customers in preparation, style, safety and security, application and implementation of remedies to minimize operating expense for clients.

Considering that 27 February 2019, it has been converted into a regular funding program under the Advancement as well as Innovation Fund. The federal government will certainly additionally improve the TVP with effective from 1 April 2020 to more help business in taking advantage of modern technology to enhance their business procedure as well as boost their competition. TVP supports projects in the kind of technological solutions as well as solutions which can enhance productivity, or upgrade or change the business procedures of the applicant. A checklist of normal technological services and/or remedies covered by TVP is listed here for Applications. Candidates rate to suggest other technological services and also services which can achieve the purposes of TVP. They shall consider the qualities of such applications on a case-by-case basis.

The ITC as well as the HKPC have mainly completed the transition job. The TVP applications will certainly be gradually transferred to the HKPC for handling beginning with today. If the job amount goes beyond $50,000, you require to designate a State-licensed accountant to examine the job financials like payment to providers, equipment possession received and so on. A list of required information before you begin is supplied at the end of the short article. Increasingly more businesses are using Technology Coupon Program, the current situations is estimated at 400 ~ 500 situations per month.

• Local ventures ought to take this opportunities and also make good use of the financing to enhance their competition.
• Comparable to the D-Biz Programme, TVP additionally aims to subsidise local firms for utilizing technology solutions as well as solutions to boost efficiency and organization processes.
• To help SMEs and also non-listed ventures acquire financings from taking part lenders such as financial institutions for meeting their service needs so as to boost their efficiency and also competitiveness in the swiftly transforming business atmosphere.
• Thus they make sure making use of the funding in their job efficiently.

We provide one-stop service consisting of on-site setup, 2-half-day training sessions and 1-year of technological assistance coverage. Given that launch in 2006, we have been aiding various SMEs to implement automatic human resources system, allowing their personnel to focus on more vital task. For candidate of TVP programme, personalized solution that fits your business will be supplied after analyzing your service demand. Special affordable pricing will certainly also be used on case by case basis. If you wish to upgrade your service with modern technology, you can employ a modern technology specialist.

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To see to it that the accepted funds for a TVP job are utilized correctly, applicants must supply an investigated statement of income and also expense if they are authorized for funding of HKD 50,000 or more. Supply a one-stop platform that connects social business owners to expertise, sources and networks of social welfare firms, social enterprises, philanthropic structures, service associations, professional bodies, and so on. [newline] This system helps social business owners execute innovative remedies to attend to hardship and social exemption problems in Hong Kong and also drive lasting impact. Wonder has a tested track record as a technology working as a consultant in helping launch to apply TVP Financing. There is a requirement to be cost aware when you run a service, any service. But occasionally there is a requirement for investments to be made in order to develop the capacity for development and growth. For instance the financial investment required to build a great web site, create ecommerce options or mobile applications.

A listing of normal technical solutions and/or options covered by TVP goes to Annex B of theGuidance Notes for Applications. We will take into consideration the benefits of such applications on a case-by-case basis. A checklist of typical technical solutions and/or services covered by TVP goes to Annex B of the Advice Notes for Applications.

Step 8 ： 20 Mins With The Help Of Service Provider

The organization must be established in Hong Kong as statutory bodies by appropriate statutes. The business application need to be connected to something you are doing then as well as require some financial assistance. A representative for the Innovation as well as Modern technology Commission today revealed that the Hong Kong Performance Council had been commissioned to work as the secretariat of the Modern technology Coupon Program.

For moneying support under TVP, prior authorization should be gotten before task start. The project deliverables ought to be made use of in a way that would have direct influence on the candidate's company procedure in Hong Kong. We, the WAYSAPP Team, are pleased to aid you to use the TVP fund. Under the Advancement & Technology Fund, the programme intends to subsidise local enterprises and also organisations to utilize technological solutions as well as services to improve performance or upgrade or transform their business procedures.

Considering that the beginning of 2020, the Hong Kong federal government has been more establishing their funding programs to support neighborhood companies. While a lot of these programs have been well obtained, lots of local services are not utilising the entire range of programs offered to them. One such program that is typically overlooked is the Modern technology and Coupon Programme (" TVP"). The purpose of this programme is to assist in and advertise the realisation and commercialisation of R&D results produced through ITF financing projects. The range of the ITF funding plan has actually been extended to cover the manufacturing of prototypes/samples and the doing of trial plans in the general public industry.

Application Treatments

The R&D Cash Discount Scheme intends to reinforce the study culture amongst company ventures as well as urge them to establish more powerful partnership with assigned local public research study institutions. Under the System, a company will certainly receive a money rebate for its contribution to the R&D tasks. Please refer to the R & d Cash Refund System websitefor details. ( Advice Notes for Applications ： Annex B). Applicants are likewise welcomed to suggest various other technological solutions and services which can achieve the goals of TVP. The Technology and Modern technology Commission shall take into consideration the benefits of such applications on a case-by-case basis. We aid our clients enhance electronic services to make them easy, clear and also rapid.