"TVP Technology Voucher" is one of the innovation and technology fund projects launched by the Government's Innovation and Technology Commission in November 2016. It aims to support local enterprises in using technological services and solutions to start companies, improve productivity or upgrade and transform business processes.
The Technology Voucher will use a 3:1 matching model to subsidize up to HK$600,000 in total for each eligible enterprise/institution, and each company can be approved for up to 6 projects. In addition, you can only apply for one project at the same time, and the implementation period of each project must be completed within 12 months. Approved technology voucher projects are also not allowed to receive funding from other local public funding sources.
The government will provide up to 75% of the total project cost to help you start a company, so applicants must weigh whether they are able to pay the remaining 25%. Applicants need to pay attention to which technology services or solutions will be funded. The program focuses on funding technology solutions that can promote productivity or processes, such as customer management systems (CRM), appointment scheduling and queuing management systems, big data and cloud analysis systems, Document management and mobile access systems, electronic procurement management systems, product or logistics management systems, point-of-sale management systems (POS), network security solutions, clinic management systems, energy management systems, etc.
Grow your company with government funding and grants
TVP is applicable to all SMEs in Hong Kong
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