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With Mainland China as the target market, subsidize companies to implement projects related to brand development, upgrading and transformation, and marketing expansion

The former ten ASEAN countries and Australia, Chile, the four European Free Trade Association countries (Iceland, Liechtenstein, Norway, Switzerland), Georgia, Macau and New Zealand. The objectives and scope are roughly the same as the mainland plan

The advantage of the BUD-HK consulting company is that it has a wealth of experience in BUD special fund application, understands the approval requirements very well, and is very sensitive to potential problems, reducing the risk of stopping and increasing the chance of success, so that the funding is in place in time. At the same time, BUD consultants have witnessed the upgrading and transformation of various industries in various scales, and have a deep understanding of the reasons for the success and failure of the case. Professional advice can help you successfully apply for BUD and reduce the risk of project promotion and delay.

BUD-HK consultants have abundant human resources in technology application, design or promotion, etc., to help you find the most suitable supplier and ensure the success of the application, otherwise the original silver will be returned.

Companies applying for funding from the BUD Special Fund must meet the following qualifications:

(a) be registered in Hong Kong in accordance with the Business Registration Ordinance,
(b) Unlisted companies and
(c) Have substantive business operations in Hong Kong.

Note: Substantive business operations refer to actual operations and business transactions. The authorities will consider a basket of related factors, such as whether the company hires employees, pays taxes, or conducts product/service sales transactions in Hong Kong.
Shelf companies will not be deemed to have substantive business operations in Hong Kong.

Theoretically, the applicant enterprise can apply for a funding application for another project before the completion of one funding project, provided that the number of approved projects does not exceed 10 and the cumulative funding amount of HKD 1 million, but the relevant funding application must be provided on the application form. Information on the projects approved by the Fund (including the name of the approved projects, funding amount, period, etc.);

However, applicants should be aware that the progress or performance of approved projects may affect the approval results of new applications.

Advertising expenses, such as television, radio, newspaper, online or street board advertisements, are eligible for funding. However, the upper limit of advertising budget expenditure is 50% of the total budget expenditure of the entire project.

Advertising related expenses, including hiring advertising spokespersons, shooting photos/video clips and advertising design, etc., must be included in advertising expenses.

If the same project applied for funding has received or will receive funding or subsidies from the SAR government or other governments (such as the Mainland government) or other organizations, the project will not receive funding from the Enterprise Support Program;

If the project has applied for funding or subsidies from other SAR government funding schemes or other agencies but has not been approved or is under review, the relevant project information needs to be declared on the application form.

In the beginning of 2019, we successfully applied for a total of 500,000 Hong Kong dollars for the BUD Mainland Special Fund. Thanks to BUD-hk's professional BUD consultant team. Their one-stop advisory services include consultation, collection of information, verification of required documents, fund project suggestions, project quotation suggestions, application form writing to application follow-up, approval follow-up, so that we have no worries. . We have used this 1 million project to build a high-quality brand and hire the talents in need. The BUD special fund-funded project can be said to provide all-round assistance to the enterprise.

Mr. Chen

Proprietor of Rubber Products Factory

The printing factory Mr. Liu has been in business for more than 30 years. Although many people say that printing is a sunset industry, the person in charge still believes that there is a lot to do, and plans to make a big splash in mainland China. Our BUD consultants assist manufacturers in applying for BUD special funds in the Mainland. Dozens of pages of application documents and plans do not require customers to worry, only need to understand the relevant details and related responsibilities, and cooperate with the relevant department’s BUD special fund application procedures. The paper was loaded on time before the end, and the approval was successfully obtained, and the brand was established and marketed in mainland China.

Mr. Liu

Director of Printing Industry Manufacturer

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