The BUD Fund Seminar
The BUD Fund seminar
The Dedicated Fund on Branding, Upgrading and Domestic Sales (BUD Fund) is to provide funding support for Hong Kong enterprises in exploring and developing the Mainland, Free Trade Agreements (“FTAs”) and Investment Promotion and Protection Agreements (“IPPAs“) markets through developing brands, upgrading and restructuring their operations and promoting domestic sales. To strengthen the support to enterprises in enhancing their competitiveness and developing diversified markets, the cumulative funding ceiling per enterprise under the BUD Fund has been increased to HK$7,000,000, the geographical coverage has extended to 37 economies and 75% of total approved government funding as initial payment.
To expedite the processing of applications, so as to enable more SMEs to make use of the funding to develop their business, the Government launched "Easy BUD" under the BUD Fund on16 June 2023. Under "Easy BUD" , the application form and the requirements for supporting documents have been simplified. The vetting arrangements have also been streamlined with the processing time of "Easy BUD" applications halved to within 30 working days. The maximum funding amount for each approved project under "Easy BUD" is HK$100,000.
The implementer conducted a seminar to introduce the “General application” and “Easy BUD”, including the application guideline, application procedure and assessment criteria. After that, a free one-to-one consultation would be offered to participants who attend the event physically on a first-come-first-served basis. To understand more about the tips of application, please contact us.
Date: 24 Aug 2023
Time: 15:00 - 17:00
Venue: SME One Foyer, G/F, HKPC Building
Enquiry：The BUD Fund Implementer | +852 2788 6088 | [email protected]Register now