HKB Secretary & Consultants

SME Funding

Hong Kong SME Funding Assistance

SME Funding Assistance

Navigate Hong Kong's government funding schemes with expert guidance. Access crucial financial support for innovation, expansion, and competitive growth through strategic application assistance.

SME Growth Opportunities

Multiple
Funding Schemes
Gov't
Backed
SME
Focused
Growth
Catalyst

Market Expansion

Access funding to explore new markets locally and overseas, expanding your business reach and customer base.

Technology Adoption

Invest in new technologies and automation to improve productivity, efficiency, and competitive positioning.

Brand Development

Develop and promote your brand through government-supported branding and marketing initiatives.

Operational Upgrading

Upgrade equipment, business processes, and overall operations to enhance competitiveness and capabilities.

Comprehensive Funding Support

Major Government Funding Schemes

BUD Fund

Branding, Upgrading & Domestic Sales
Supports projects to enhance branding, upgrade operations, and promote domestic sales in Mainland China and economies with FTAs/IPPAs with Hong Kong.

SME Export Marketing Fund

Export Promotion Activities
Financial assistance for trade fairs, exhibitions, business missions, and export-related digital marketing activities outside Hong Kong.

Technology Voucher Programme

Technology Solutions & Services
Subsidizes technology consultancy, ERP systems, CRM, cybersecurity solutions, and e-commerce platform development.

SME Financing Guarantee Scheme

Loan Guarantee Facilities
Government guarantees to help SMEs secure commercial loans for working capital and business asset acquisition.
  • Eligibility Focus: Generally for non-listed Hong Kong enterprises with substantive local business operations
  • Funding Coverage: Various scopes from technology adoption to market expansion and operational upgrading
  • Application Requirements: Detailed project proposals, financial projections, and comprehensive documentation
  • Ongoing Updates: Government periodically updates and introduces new funding programs

Common Application Challenges

Scheme Complexity

Each fund has specific objectives, detailed eligibility criteria, and unique application procedures

Time Consuming Process

Comprehensive applications with detailed proposals and financial projections require significant time investment

Eligibility Understanding

Accurately determining if business and project meet nuanced eligibility criteria can be difficult

Documentation Requirements

Gathering extensive and precise documentation can be overwhelming for busy SME owners

Proposal Writing

Crafting compelling proposals that clearly articulate benefits and align with scheme objectives

Staying Current

Funding schemes are updated and new ones introduced, making it hard to stay informed

HKB SME Funding Support

Needs Assessment & Scheme Identification

Understand business needs, growth plans, and identify most relevant funding schemes

Eligibility Review & Pre-assessment

Assess eligibility against detailed criteria to determine likelihood of successful application

Business Plan & Proposal Guidance

Structure project proposals to meet requirements and highlight project merits and outcomes

Documentation Collation & Review

Assist with documentation requirements and review for completeness and accuracy

Application Process Guidance

Guide through step-by-step procedures for chosen schemes, avoiding common pitfalls

Liaison & Follow-up Support

Assist in liaising with government departments and respond to application queries

Professional Assistance Benefits

  • Increased Success Rate: Experience and understanding improve application quality and approval chances
  • Significant Time Savings: Streamlined process allows focus on core business operations
  • Clarity & Understanding: Demystify complex requirements and procedures with clear guidance
  • Comprehensive Support: End-to-end assistance from assessment through submission and follow-up
  • Expert Knowledge Access: Benefit from knowledge of various schemes and their specific nuances
  • Quality Enhancement: Professional review and guidance strengthen application quality
  • Pitfall Avoidance: Experienced guidance helps avoid common application mistakes
  • Strategic Alignment: Ensure proposals align with scheme objectives and government priorities

Important Considerations

Advisory Role: HKB provides advisory and administrative support to assist with government funding applications. Final approval decisions rest solely with relevant government authorities based on their assessment and policies.

  • Government Authority Decision: Funding approval rests with government authorities and scheme administrators
  • Assessment Based: Decisions based on government assessment criteria and prevailing policies
  • Quality Enhancement Role: Our role is to enhance preparedness and submission quality
  • No Guarantee: Professional assistance improves chances but cannot guarantee approval
  • Compliance Focus: Ensure all applications meet scheme requirements and guidelines
  • Ongoing Support: Continue to provide guidance throughout the application lifecycle

Funding Impact Areas

  • Market Exploration: New markets locally and overseas expansion opportunities
  • Technology Investment: New technologies and automation for productivity improvement
  • Brand Development: Brand promotion and development initiatives
  • Equipment Upgrading: Equipment and business process improvements
  • Competitiveness Enhancement: Overall competitive positioning and capabilities

Unlock Your Growth Potential

Securing the right funding can be a catalyst for significant SME growth and development. Let HKB help you turn business aspirations into reality.