bisgaardolson071072

IntroductionAs? a way to help Hong Kong enterprises seize the opportunities of the national "Twelfth Five-Year Plan", the Hong Kong Special Administrative Region government launched a 1 billion yuan "brand development, upgrading and transformation and expansion of domestic market special fund" in June 2012 (abbreviated as "BUD Special Fund"). In order to assist small and medium enterprises, including start-ups, to seize economic opportunities and enhance competitiveness, the 2018-19 Budget proposes to expand the scope of funding of the "BUD Special Fund" to the ASEAN market and launch the "ASEAN Plan". The Finance Committee of the Legislative Council approved this proposal in June 2018 and injected 1.5 billion yuan.FundingThe? subsidy is provided on the principle of reciprocity, that is, the government subsidizes around 50% of the full total approved expenditure of an individual project, and the enterprise must bear no less than 50% of the full total approved expenditure of the project in the form of cash. During the application period of the fund, each company can be funded around ten approved projects and 2 million yuan beneath the "ASEAN Program and Free Trade Agreement".target companyFunding individual Hong Kong companies to implement projects related to brand development, upgrading and transformation, and marketing expansion, in order to improve their competitiveness in the ASEAN and free trade agreement market, and promote their development in the ASEAN and free trade agreement market.All non-listed companies that are registered in Hong Kong relative to the business enterprise Registration Ordinance (Chapter 310) and have substantial business operations in Hong Kong are eligible to apply for funding. Regardless of whether they're engaged in manufacturing or service industries, or whether they have business operations in Mainland China and ASEAN, all of them are eligible to make an application for funding.DetailsAny? project that helps individual Hong Kong companies to explore and develop the Mainland market through brand development, upgrading and transformation and/or expansion of domestic sales can make an application for funding. A few examples of relevant categories include: CategoryDevelop? brandBrand development strategy and plan formulation, brand positioning and image design, brand review and market research, brand promotion, etc.Upgrade and transformationNew product design, new technology introduction, management system improvement, production automation, etc. Expand the domestic marketDomestic sales market research, domestic sales strategy and plan formulation, domestic sales channel establishment, product/service promotion, etc. https://humandesign.com.hk/ and evaluation criteriaAll applications must be reviewed and approved by the Program Management Committee, which is chaired by a government official and includes business professionals from the federal government with expertise or experience in brand development, upgrading and transformation, and marketing market expansion. THIS PROGRAM Management Committee generally meets once every 90 days. All applications received will undoubtedly be submitted in batches to the subsequent meeting of the Project Management Committee for review. The results will be announced on this website http://www.bud.hkpc.org.Applicants will undoubtedly be notified by the Secretariat (ie, the Hong Kong Productivity Council) of the approval results following the Project Management Committee makes a choice.IntroductionSo? that you can help Hong Kong enterprises seize the opportunities of the national "Twelfth Five-Year Plan", the Hong Kong Special Administrative Region government launched a 1 billion yuan "brand development, upgrading and transformation and expansion of domestic market special fund" in June 2012 (abbreviated as "BUD Special Fund"). In order to assist small and medium enterprises, including start-ups, to seize economic opportunities and enhance their competitiveness, the 2018-19 Budget proposes to improve the "BUD Special Fund" to aid individual enterprises to implement projects to expand the Chinese mainland market ("Mainland Project") Cumulative funding ceiling. The Finance Committee of the Legislative Council approved this proposal in June 2018 and injected 1.5 billion yuan.FundingThe? subsidy is provided on the principle of reciprocity, that's, the government subsidizes around 50% of the full total approved expenditure of a person project, and the enterprise must bear a minimum of 50% of the total approved expenditure of the project by means of cash. During the application period of the fund, each enterprise can be funded up to ten approved projects and 2 million yuan in the "Mainland Project".target companyFunding individual Hong Kong companies to implement projects related to brand development, upgrading and transformation, and marketing expansion, in order to improve their competitiveness in the Chinese mainland market and promote their development in the Chinese mainland market.<img width="338" src="human design">All non-listed companies which are registered in Hong Kong relative to the Business Registration Ordinance (Chapter 310) and also have substantial business operations in Hong Kong are eligible to apply for funding. Regardless of whether they're engaged in manufacturing or service industries, or whether they have business operations in Mainland China and ASEAN, they are all eligible to apply for funding.DetailsAny? project that helps individual Hong Kong companies to explore and develop the Mainland market through brand development, upgrading and transformation and/or expansion of domestic sales can apply for funding. Some examples of relevant categories include: CategoryDevelop? brandBrand development strategy and plan formulation, brand positioning and image design, brand review and market research, brand promotion, etc.Upgrade and transformationNew product design, new technology introduction, management system improvement, production automation, etc. Expand the domestic marketDomestic sales general market trends, domestic sales strategy and plan formulation, domestic sales channel establishment, product/service promotion, etc.Application procedures and evaluation criteriaAll applications should be reviewed and approved by the Program Management Committee, that is chaired by a government official and includes business professionals from the federal government with expertise or experience in brand development, upgrading and transformation, and marketing market expansion. The Program Management Committee generally meets once every three months. All applications received will undoubtedly be submitted in batches to the next meeting of the Project Management Committee for review. The outcomes will be announced on this website http://www.bud.hkpc.org.Applicants will undoubtedly be notified by the Secretariat (ie, the Hong Kong Productivity Council) of the approval results after the Project Management Committee makes a decision.