TVP Technology Voucher Programme
The cumulative funding up to HK$600,000
The Technology Voucher Programme (TVP) was established by the Innovation and Technology Fund to subsidize local unlisted companies and institutions to use technology services and solutions to enhance productivity or upgrade and transform their business processes. Launched in a pilot form in November 2016, it was included as the next recurring funding scheme of the Innovation and Technology Fund on 27 February 2019.
From April 1, 2020, the government will further optimize the technology vouchers to help enterprises use technology to improve their business operations and enhance their competitiveness. The government's funding ratio for approved projects will be increased from 3:2 to 4:3, the funding ceiling for each applicant will be increased from $400,000 to $600,000, and the maximum number of approved projects will be increased from four to six.
An unlisted company registered in Hong Kong under the Business Registration Ordinance (Cap. 310)
Substantial business operations in Hong Kong
Generally, it refers to less than 100 employees in the manufacturing industry or less than 50 employees in the service industry.
Enterprises must invest no less than one quarter of the total cost of the approved project in cash. After the approval of the project is completed, the government will issue the approved subsidy to the applicant enterprise
Each funded project must be completed within no more than 12 months
Purpose of Technology Voucher Grants:
Purchase, lease or order components, technology service solutions, software or hardware that are necessary in the project, but must be "customized" according to the customer's requirements
If necessary components, technology service solutions, software or hardware are to be purchased, leased or ordered within the project, but they are "off the shelf", then they must not cost more than 50% of the project
If the approved project exceeds $50,000, the project audit fee of the Technology Voucher can also be funded by the Technology Voucher, with a cap of $2,000
Technology Voucher Audit:
After the application is approved, the enterprise should pay attention to all expenses including: checks, receipts, etc. and the payer must be the same as the name of the applicant enterprise. If the project amount exceeds HK$50,000, the accounts will be audited by a registered independent auditor (Audit report). At the same time, it is also necessary to submit a final implementation report of the project, which clearly lists the results of the project.
Appointment scheduling and queue management system augmented Reality technology aystem
Big data and cloud analysis solutions
Building information modeling system
Clinic management system
Network security solution
Document management and mobile access system
Electronic inventory management system
Electronic procurement management system
Real-time production tracking system
Point of sale management system
Enterprise resource planning program
customer relationship management system
Quick response management system
Solutions to assist companies in meeting production standards