Hong Kong Government Export Grants
Leverage Up to HK$7,000,000 in Matching Subsidies
Discover how Hong Kong incorporated entities can leverage the BUD Fund (1:1 matching up to HK$7M) and TVP (3:1 matching up to HK$600K) to finance Alibaba.com store expansion, global marketing, and AI automation.
1. Substantive Operations Required: Hong Kong funding bodies (HKPC / ITC) conduct strict audits on genuine commercial activity, employee MPF contributions, and physical lease agreements.
2. Zero Tolerance for Shell Fraud: Unlawful schemes involving "purchased strawman MPF", virtual shell bank transfers, or falsified quotation invoices constitute criminal fraud under the Theft Ordinance (Cap. 210).
3. Corpable's Role: Corpable provides transparent, legitimate compliance advisory to ensure applications withstand independent CPA audits.
5 Major Hong Kong Government Funding Schemes
| Scheme Name | Max Funding Ceiling | Matching Ratio | Eligible Expense Scope | Official Authority |
|---|---|---|---|---|
| BUD Fund (Mainland & FTA Programme) | HK$ 7,000,000 | 1 : 1 (50%) | Alibaba.com store fees, global advertising, trade fairs, trademark filing | HKPC (bud.hkpc.org) |
| TVP (Technology Voucher Programme) | HK$ 600,000 | 3 : 1 (75%) | Cross-border ERP, Accio Work AI deployment, IT cybersecurity upgrades | ITC (tvp.itf.gov.hk) |
| EMF (SME Export Marketing Fund) | HK$ 1,000,000 | 1 : 1 (50%) | Overseas physical trade shows, export website building, search ads | TID (Trade and Industry Dept) |
| PAG (Patent Application Grant) | HK$ 250,000 | 90% Government | Patent search fees, overseas patent attorney drafting, official filing | ITC (Innovation and Tech Commission) |
| NITTP (Technology Training Programme) | HK$ 500,000 | 2 : 1 (67%) | Advanced cross-border AI staff training and digital skills upgrading | VTC (Vocational Training Council) |
Government Funding FAQ
❓ What is the BUD Fund and how much can an enterprise obtain?
The BUD Fund (Dedicated Fund on Branding, Upgrading and Domestic Sales) provides up to HK$7,000,000 in cumulative matching grants (1:1 matching ratio, max HK$1M per approved project) covering Alibaba.com store fees, global advertising, trade fairs, and overseas trademark registration.
❓ What does the TVP (Technology Voucher Programme) cover?
TVP provides up to HK$600,000 (3:1 matching ratio, government covers 75% of costs) for digital IT solutions, cross-border ERP systems, and Accio Work AI commercial team deployments.
❓ What are the substantive operation requirements for Hong Kong grant eligibility?
The applicant enterprise must be legally incorporated in Hong Kong with genuine business operations, substantive trade transactions, physical office lease records, and employee Mandatory Provident Fund (MPF) contributions. Shell entities or fictitious accounts are strictly prohibited.
❓ What is Corpable's advisory role regarding government grants?
Corpable Marketing Limited acts strictly as an informational advisor on official guidelines and qualification standards. We do not participate in unlawful intermediary fee-splitting or fraudulent employee schemes. We guide clients towards 100% compliant self-submission.