Government Funding Support for Local Enterprises & SMEs

Hong Kong SAR Government and different industry support organizations offer various funding schemes to local SMEs to support their growth and development.

Technology Voucher Program (TVP) 

Subsidise local small and medium enterprises (SMEs) in the effective use of technological services and solutions to improve productivity, or upgrade or transform their business processes.

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SME Export Marketing Fund (EMF) 

Encourage small and medium enterprises (SMEs) in Hong Kong to expand their businesses through active participation in export promotion activities by providing financial support

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BUD Fund – Enterprise Support Programme (ESP Easy)

Implement specified projects which could effectively assist them in enhancing their competitiveness in the Mainland and developing the Mainland market.

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

Help the retail industry to adopt relevant IT solutions for Manpower Demand Management

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Government Funding Schemes

TVP EMF ESP Easy ReTAAS
Max Grants HK$200,000 HK$150,000 HK$200,000  HK$50,000
Matching Basis
(Supporting organization: Applicant)
2:1 1:1 1:1 1:1
Application Submission Timeline Before project commencement Within 60 calendar days after the completion of project Before project commencement Before project commencement
Target Industry All All All Retail (Except F&B)
Eligibility Registered in Hong Kong under the Business Registration Ordinance (Chapter 310)

1 year Substantive business operations in Hong Kong

Max 50 Employees for non-manufacturing business, Max 100  Employees for manufacturing business

Registered in Hong Kong under the Business Registration Ordinance (Chapter 310)

Substantive business operations in Hong Kong at the time of making the application.

Max 50 Employees for non-manufacturing business, Max 100  Employees for manufacturing business

Non-listed enterprises with 3 years Substantive business operations in Hong Kong Non-listed enterprises with substantive retail business operations in Hong Kong
Eligible Projects POS system, Online Store (Web/App), Reservation system, ERP, CRM, DMS and more… Online Store Web, Corporate Website Online Store (Web/App), CRM POS system, CRM, Inventory System
Vertex provides a range of solutions for application for the funding.
Contact us for more details