GRANT APPLICATION
GET THE FUND TO START YOUR PROJECT
Don’t have the fund to start your project? Don’t worry! Our team will assist you for the grant application so that you may get the fund to start your project. The grant writing process involves an applicant submitting a proposal (or submission) to a potential funder, either on the applicant’s own initiative or in response to a Request for Proposal from the funder.
Technology Voucher Programme
(TVP)
Retail Technology Adoption Assistance Scheme (ReTAAS)
TVP Application
Since 1 April 2020, the Government has further enhanced the TVP. The Government’s funding ratio in each approved project has been raised from two-thirds to three-quarters. The funding ceiling per applicant has been increased from $400,000 to $600,000 and the maximum number of approved projects has also been increased from four to six.
Eligibility
Local entities (except listed enterprises) fulfilling the following requirements are eligible to apply for funding under the TVP:
| (a)(i) | Registered in Hong Kong under the Business Registration Ordinance (Cap. 310); or | |
| (a)(ii) | Incorporated and registered in Hong Kong under the Companies Ordinance (Cap. 622); or | |
| (a)(iii) | Established in Hong Kong by relevant ordinances as statutory bodies; AND | |
| (b) | Not a government subvented organisation* or subsidiary of any government subvented organisation*; AND | |
| (c) | With substantive business operation in Hong Kong which is related to the project under application at the time of application. |
Scope of Funding
TVP supports projects in the form of technological services and solutions which could improve productivity, or upgrade or transform the business processes of the applicant. A list of typical technological services and/or solutions covered by TVP is at Annex B of the Guidance Notes for Applications.
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ReTAAS Application
To further support the local retail industry, there are enhancement measures under the ReTAAS Assistance Scheme and started to receive applications from 1 April 2020 onwards. Enhancement measures include an option to select initial payment up to 50% of the total approved government funding (maximum up to HK$25,000). In addition, the Government will provide full funding support for the audit fee of approved project, capped at HK$2,000 per audit.
Eligibility
All non-listed enterprises registered in Hong Kong under the Business Registration Ordinance (Chapter 310) with substantive retail business operations in Hong Kong are eligible to apply, irrespective of their number of outlets.
Scope of Funding
Projects must be related to the management of manpower demand of the applicant.
A list of typical technologies are as follows:
- POS System (Point-of-sales System)
- e-shop
- Electronic Payment System
- Inventory System
- Security and Surveillance System (e.g. CCTV)