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Technology Voucher Programme (TVP)

As announced in the 2020-21 Budget, the Government will further enhance the Technology Voucher Programme with effect from 1 April 2020 to further assist enterprises in making use of technology to improve their business operation and enhance their competitiveness. The Government’s funding ratio in each approved project will be raised from two-thirds to three-quarters. The funding ceiling will be increased from $400,000 to $600,000 and the maximum number of approved projects per applicant would be increased from four to six.

What is TVP?

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.

The TVP aims to subsidise local Hong Kong companies on the use of technological services and solutions to improve productivity, or upgrade or transform their business processes, in order to enhance their long-term competitiveness.

The program has now been incorporated into the constant funding scheme of the Innovation and Technology Fund, with the amount of funding ceiling per applicant being increased to HK$600,000 and the eligibility of the program expanded to cover all non-listed local enterprises of all sizes instead of just SMEs only.

You must be a Hong Kong company be a non-listed enterprises have operation in Hong Kong

Funding up to HK$600,000 for each applicant will be provided on a 3:1 matching basis. Subject to the cumulative funding ceiling of HK$600,000, up to 6 projects from an applicant may be approved

Each project should be completed within 12 months and only a single project at a time

We can turn your ideas into reality with the provision of an end-to-end solution. From the provision of customised equipment/hardware, software and technological services and solutions that form an essential part of your project.

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Brief Introduction to TVP
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What is TVP?

General Info

Technology Voucher Programme (TVP) is a funding scheme under the Innovation and Technology Fund (ITF) that aims to subsidise...

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Who are eligible?

Eligibility to Apply

Local entities (except listed enterprises) fulfilling the following requirements are eligible to apply for funding under the TVP...

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What will be funded?

Funding Coverage

TVP supports projects in the form of technological services and solutions which could improve productivity, or upgrade or transform the business processes...

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What is the procedure?

Assessment

Upon receipt of an application, ITC will check its eligibility and conduct a preliminary screening. ITC may also seek clarification...

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How does it work?

Procurement

Applicants should ensure that all procurement for goods and services (including technology consultancy and project auditing) are carried out...

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How funding is given to us?

Disbursement of Funding

The initial payment arrangement is only applicable to TVP applications received by ITC on or after 1 December 2019...

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What if changes happen?

Changes to Approved Projects

Each project should normally be completed within 12 months. Applicants should seek prior approval from ITC for any modifications in the project...

Sample Documents Required for Submission

Click below to obtain the Checklist of Documents and the sample copy of the document required for submission of applications.

Checklist of Documents

Step 1

Contact us regarding your project




Step 2

We will provide recommendations, detailed budget and technical advices for your consideration

Step 3

Submit TVP application result to NFC Touch

TVP Admin System

Step 4

Start building solutions to improve productivity, or upgrade or transform your business processes

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Dedicated Fund on Branding, Upgrading and Domestic Sales (BUD Fund)

The purpose of the BUD Fund is to assist Hong Kong enterprises in undertaking projects to develop brands, upgrade and restructure their business operations and promote sales in the Mainland / ASEAN markets. All non-listed enterprises registered in Hong Kong under the Business Registration Ordinance (Chapter 310) with substantive business operations in Hong Kong are eligible to apply, irrespective of whether they belong to the manufacturing or service sector or whether they already have any business operations in the FTA markets and the Mainland China.

Objective

To provide funding support to individual Hong Kong enterprises in undertaking projects to develop brands, upgrade and restructure their business operations and promote sales in the FTA markets and Mainland China market, so as to enhance their competitiveness and facilitate their business development in the FTA markets and Mainland China market.

BUD Fund Overview

To further support local enterprises to rise up to the challenges facing Hong Kong’s economy, the Finance Secretary announced in August 2019 to further inject $2 billion (including the $1 billion proposed in the 2019-20 Budget) into the BUD Fund further extend the scope to include all economies with which Hong Kong had sign FTAs, to launch the "FTA Programme"(submuming thereunder the ASEAN Programme).

FUNDING AMOUNT

Funding will be provided on a matching basis, and has recently increased the cumulative funding ceiling per enterprise to $4 million. i.e. the Government will cover a maximum of 50% of the total approved project cost and the enterprise has to contribute no less than 50% of the total project cost in cash. During the tenure of the BUD Fund, each enterprise may obtain funding for a maximum of twenty approved projects and $2,000,000 each for the “Mainland Programme” and the “FTA Programme”.

PROJECT DURATION

Each funded project should be completed within 24 months.

SCOPE OF FUNDING

Any projects that assist individual Hong Kong enterprises in exploring and developing the Mainland China markets and FTA markets through developing brands, upgrading and restructuring operations and promoting sales are eligible.

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VISIT BUD FUND WEBSITE

Step 1

Contact us regarding your project




Step 2

We will provide recommendations, detailed budget and technical advices for your consideration

Step 3

Submit BUD application result to NFC Touch

BUD FUND Application

Step 4

Start building solutions to improve productivity, or upgrade or transform your business processes

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Retail Technology Adoption Assistance Scheme for Manpower Demand Management (ReTAAS)

Objective

To provide funding support for retail enterprises to adopt technologies for manpower demand management purposes and help to enhance productivity.

To facilitate project implementation by grantees, the minimum requirement for written quotations for procurement or lease of equipment, goods or services under ReTAAS projects from over HK$50,000 to HK$300,000 (aggregate value) will be reduced from five quotations to three quotations with effect from 15 November 2017.

You must be a Hong Kong company be a non-listed enterprises have operation in Hong Kong

Funding will be provided on a matching basis, i.e. enterprise will be funded for a maximum of 50% of the total approved project cost. Up to two projects from a single applicant may be approved, subject to the cumulative ceiling of funding support of $50,000.

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.

Each funded project should be completed within 6 months.

Projects must be related to the management of manpower demand of the applicant.

A list of typical technologies are as follows:

Forget about design limits
Visit ReTAAS Website

Step 1

Contact us regarding your project




Step 2

We will provide recommendations, detailed budget and technical advices for your consideration

Step 3

Submit ReTAAS application result to NFC Touch

ReTAAS Application

Step 4

Start building solutions to improve productivity, or upgrade or transform your business processes

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Partnership Research Programme (PRP)

What is PRP?

PRP, which merges the University-Industry Collaboration Programme (UICP) and the collaborative stream of Innovation and Technology Support Programme (ITSP), was launched in January 2019. PRP aims to support research and development (R&D) projects undertaken by private companies in collaboration with local universities and public research institutions.

PRP provides matching funding support for approved projects. The maximum project duration is 3 years. Applications for PRP are open all year round.

The lead applicant must be a local University local research institution

Any collaborative projects between private companies and local universities/research institutions with R&D content that meet the objective and the eligibility criteria of PRP may be submitted to the ITF Secretariat for consideration.

PRP aims to support R&D projects undertaken by private companies in collaboration with local universities/research institutions. In order to encourage private companies to undertake more R&D projects, all IPR arising from the project will be solely owned by the participating company. The participating company however, could at its own discretion decide if the royalties arising from the IPR are to be allocated to other parties (say its partner university/research institution which has injected substantial resources to the project), subject to negotiation between the parties concerned.

Funding support is given to R&D activities only and not to business development or operating expenses incurred by the company. The support is given as a grant, subject to the contribution by the company of at least 50% of the project cost. The ITF grants will be disbursed on an annual basis against satisfactory progress of the project and production of evidence showing due contribution of the company's matching funds to the project.

If your company is interested in PRP, please first identify a local university/research institution as the lead applicant of the project and agree on the project details, the expected deliverables, and if necessary, the royalty arrangement, etc. After that, your company and the participating university/research institution can fill out a PRP application form. You will be required to register your organization and then its relevant personnel with the Innovation and Technology Commission Funding Administrative System II.

Forget about design limits
Visit PRP Website

Application forms and Guides

Applications must be submitted to the ITF Secretariat either: 1) electronically through the Innovation and Technology Commission Funding Administrative System II; or 2) in hard copy in triplicate in person or by post.

Application Guideline Sample Application Form

Step 1

Contact us regarding your project




Step 2

We will provide recommendations, detailed budget and technical advices for your consideration

Step 3

Submit PRP application result to NFC Touch

PRP Application

Step 4

Start building solutions to improve productivity, or upgrade or transform your business processes

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Enterprise Support Scheme (ESS)

What is ESS?

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What is ESS?

General Info

The Enterprise Support Scheme (ESS) is a major funding initiative under the Innovation and Technology Fund (ITF). It is designed to

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How to apply?

Application Submission

All ESS applications should be submitted through ITC’s electronic application submission system, the ITCFAS. Please note that each applicant has to first complete the user registration process...

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What are the vetting criteria?

Application Vetting

An assessment panel examines and selects the applications to be funded under ESS. The panel will comprise experts from the academia, industry, private equity and capital market, etc...

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Restrictions in project funds?

Budget

Project funds, including the ESS Fund and the recipient company's matching fund, must be exclusively used for (a) the costs of manpower employed by the Applicant Company specifically...

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When will I receive the ESS Fund?

Project Execution

Upon receipt of an application, ITC will check its eligibility and conduct a preliminary screening. ITC may also seek clarification...

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What is benefit-sharing mean?

Benefit-Sharing

Non-mandatory benefit-sharing means that it is not mandatory for an ESS recipient company to share...

Step 1

Contact us regarding your project




Step 2

We will provide recommendations, detailed budget and technical advices for your consideration

Step 3

Submit ESS application result to NFC Touch

ESS Admin System

Step 4

Start building solutions to improve productivity, or upgrade or transform your business processes

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Construction Innovation and Technology Fund (CITF)

The Financial Secretary proposed to set up a HK$1 billion Construction Innovation and Technology Fund (CITF) to boost the capacities of enterprises and practitioners in the construction industry. The Development Bureau of the Hong Kong Special Administrative Region Government (DEVB) commissioned the Construction Industry Council (CIC) to be the implementation partner.

Technology Adoption

The CITF will be used to support technologies (including machinery, equipment and software) with proven effectiveness in boosting productivity, uplifting built quality, improving site safety or enhancing environmental performance, through leveraging automation, industrialization and digitization rather than sheer innovative management practices.

Advanced Construction Technologies (ACT)

It is Co-fund with 70% grant from CITF at maximum for costs involved. Funding ceiling is HK$800,000 per technology

Modular Integrated Construction (MiC)

It is co-fund with 70% grant from CITF at maximum for costs involved. Funding ceiling is applicabel for 1) Consultant – Support the Project Consultant to employ specialist MiC consultant – HK$2,500,000 per applicant per project. 2) Contractor – Purchase / rental of MiC specific construction plant – HK$2,500,000 per applicant per project. 3) Contractor – Purchase / offsite production of MiC modules – HK$5,000,000 per applicant per project

Building Information Modelling (BIM)

It is co-fund with 70% grant from CITF at maximum for costs involved. Funding ceiling is HK$600,000 per applicant, of which BIM experiential use is capped at maximum HK$200,000. Within the funding ceiling, CITF will only fund each computer at maximum HK$21,000 and BIM software license period up to 3 years (computers subsidised by CITF are required to install BIM software and be used for this purpose)

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VISIT CITF WEBSITE

Step 1

Contact us regarding your project




Step 2

We will provide recommendations, detailed budget and technical advices for your consideration

Step 3

Submit CITF application result to NFC Touch

CITF Application

Step 4

Start building solutions to improve productivity, or upgrade or transform your business processes

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Pilot Information Technology Development Matching Fund Scheme for Travel Agents

What is Pilot Information Technology Development Matching Fund Scheme?

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How to apply?

Application Guide

Guide to Application for Pilot Information Technology Development Matching Fund Scheme for Travel Agents

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Who are eligible to apply?

FAQ

All small-and medium-sized travel agents which have obtained and hold a valid travel agent’s licences under the Travel Agents Ordinance (Cap. 218), ...

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Successful Case?

Approved Projects

Pilot Information Technology Development Matching Fund Scheme for Travel Agents - List of Approved Project...

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Contact us regarding your project




Step 2

We will provide recommendations, detailed budget and technical advices for your consideration

Step 3

Submit IT Matching Fund application result to NFC Touch

Matching Fund Website

Step 4

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Innovation and Technology Fund for Application in Elderly and Rehabilitation Care

Innovation and Technology Fund for Application in Elderly and Rehabilitation Care

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What is I&T Fund?

I&T Fund Manual

This Manual regulates matters relating to the use of the I&T Fund and guides the applicant organisations and approved applicant organisations through the procedures of application, procurement, payment and control of the I&T Fund grants.

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What solution can apply?

Application Solution

“Innovation and Technology Fund for Application in Elderly and Rehabilitation Care” (I&T Fund) Reference list of “Recognised Technology Application Products” (Reference list)

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Common problem?

FAQ

Answers to frequently asked questions regarding the I&T Fund...

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Introduction

PPT Slides

Powerpoint of the briefing session of the I&T Fund held on 28 November 2018

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Successful cases?

Approved Projects

Approved Applications for Innovation and Technology Fund for Application in Elderly and Rehabilitation Care ...

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Social Welfare Department Page

More Info

The Government has earmarked $1 billion for setting up the I&T Fund...

Step 1

Contact us regarding your project




Step 2

We will provide recommendations, detailed budget and technical advices for your consideration

Step 3

Submit I&T Fund application result to NFC Touch

I&T Fund Website

Step 4

Start building solutions to improve productivity, or upgrade or transform your business processes

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Innovation and Technology Fund for Better Living (FBL)

Innovation and Technology Fund for Better Living

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What is FBL?

FBL Overview

Projects should be able to benefit the public at large or specific groups, and should be in line with government policies...

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What kind of projects will be funded?

Objectives

Projects should be able to benefit the public at large or specific groups, and should be in line with government policies

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Who are eligible to apply for the FBL?

Application Submission

Eligible Applicants include: Non-governmental organisations receiving subvention from the Social Welfare Department...

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What are the assessment criteria and their weightings?

Application Assessment

The assessment criteria and their respective weightings are as follows...

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What are the eligible costs of the project?

Budgeting

Project funds, including the FBL grant and funding from the Applicant’s own means or other sources...

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What is a FBL Fund Agreement?

Project Execution

For each project approved by the Assessment Panel, the successful Applicant has to sign an FBL Fund Agreement ("Agreement") with the Government...

Step 1

Contact us regarding your project




Step 2

We will provide recommendations, detailed budget and technical advices for your consideration

Step 3

Submit FBL Fund application result to NFC Touch

FBL Application

Step 4

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Public Sector Trial Scheme (PSTS)

Eligible Trial Organisations

Organisations listed below are eligible trial organisations for PSTS scheme

Government Bureaux and Departments Statutory bodies Social welfare sector Government schools

What is PSTS?

PSTS provides funding support for production of prototypes/samples and conducting of trial schemes in the public sector to facilitate and promote the realisation and commercialisation of R&D results under ITF projects.

The prototypes/samples and the trial schemes should aim to facilitate the development of new products not already available in the market currently, and employing the R&D results/deliverables of the completed ITF projects.

The maximum ITF grant would be $1,000,000 for each application.

Step 1

Contact us regarding your project




Step 2

We will provide recommendations, detailed budget and technical advices for your consideration

Step 3

Prepare a "Letter of Consent" so NFC Touch can make the application

Step 4

Start building solutions to improve productivity, or upgrade or transform your business processes