The Support and Consultation Centre for SMEs (SUCCESS) is an information and advisory centre for small and medium enterprises (SMEs) run by the Trade and Industry Department (TID). If you are looking for free business information and practical consultation services, please visit SUCCESS.
Our Website's address is www.success.tid.gov.hk.
Our customer hotline is : (852) 2398 5133.
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What's New
Event Calendar of the SME Centres
To enhance the integrated services of the four existing SME Centres, including SUCCESS under the Trade and Industry Department, the "SME Centre" under the Hong Kong Trade Development Council (HKTDC), "SME One" under the Hong Kong Productivity Council (HKPC) and "TecONE" under the Hong Kong Science and Technology Parks Corporation, SUCCESS has launched an "Event Calendar of the SME Centres" on its website. The Event Calendar facilitates enterprises to obtain information on seminars/workshops/activities organised by the four SME Centres from a single platform, and also provides links to the relevant event web pages to facilitate registration.
Please click here to browse the Event Calendar of the SME Centres.
Support Measures relating to Liquidity
In view of the cash-flow pressure of SMEs, SUCCESS has compiled a summary of support measures relating to liquidity.
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Business Support Measures Amid Economic Challenges
The HKSAR Government has announced various measures totalling $287.5 billion in the 2020/21 Budget and two rounds of Anti-epidemic Fund to assist the industries and the public affected by the novel coronavirus epidemic. For details, please click here. As for the earlier measures to support the business community to cope with the economic challenges, please click here for details.
SME ReachOut
Amid difficult business environment, HKPC knows SMEs are in the urgent need of cash to keep business running. The newly established "SME ReachOut" support team is here to help SMEs well equip for bouncing back, through introducing and matching the appropriate funding schemes.
"SME ReachOut", a dedicated service team operated by HKPC, has commenced operation starting from 1 January 2020 to support SMEs through free-of-charge one-on-one meetings. The team would help SMEs identify funding schemes that suit their needs, while answering questions relating to applications.
There are over 40 funding schemes provided by the Government for SMEs, with different funding scopes, amounts and requirements. "SME ReachOut" serves to enhance SMEs' understanding of the Government's funding schemes, with a view to encouraging better utilisation of the support provided by the Government, and to enhancing their competitiveness and development.
For enquiries, please contact "SME ReachOut" hotline at 2788 6262 or email at sme_reachout@hkpc.org.
SUCCESS Activities
In order to reduce the risk of the spread of the novel coronavirus in the community, the counter service of SUCCESS has been suspended until further notice. We will continue to provide services through electronic means, including webinars, Customer Hotline (Tel.: (852) 2398 5133) and Email Enquiry (success@tid.gov.hk).
Webinar: "Government Funding Schemes — Assisting You to Promote Business and Overcome Challenges"
(This webinar will be live-streamed on 7 August 2020)
To drive the development of Hong Kong enterprises and support them to tide over the challenging economic environment, the Government has set up a variety of funding schemes to provide enterprises and relevant organisations with all-round support on exploring export markets, obtaining financing, application of technology, etc. "SME ReachOut", a dedicated team which has commenced operation from January 2020, aims to help SMEs identify suitable funding schemes and answer questions relating to applications. Representative from the team will give an overview of major Government funding schemes, and answer frequently asked questions. (This webinar will be conducted in Cantonese.)
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This seminar is one of the seminars under the SME Service Centers' "4-in-1" Seminar Series. For details, please see "Trade and Industry Department / SUCCESS-supported Activities" section below.
Trade and Industry Department / SUCCESS-supported Activities
SME Service Centres' "4-in-1" Seminar Series — Theme : Funding Schemes
The Government has consolidated the services of the four SME Centres since October 2019 (the Support and Consultation Centre for SMEs of the Trade and Industry Department, the SME Centre of the Hong Kong Trade Development Council, SME One of the Hong Kong Productivity Council and TecONE of the Hong Kong Science and Technology Parks Corporation) to provide "four-in-one" integrated services. The four Centres are co-organising the first “4-in-1” seminar series by conducting four webinars in July and August to provide SMEs latest information on various funding schemes and the related enhancement measures.
The webinar “Thailand LIVE Series - Gearing up for Business Elevation in Thailand” by SME One of the Hong Kong Productivity Council and the webinar “T-box Entrepreneurship Workshop on Enhancement Measures for Technology Voucher Programme (TVP)" by the SME Centre of the Hong Kong Trade Development Council, were successfully organised on 22 and 23 July respectively. The two remaining webinars to be respectively organised by TecONE of the Hong Kong Science and Technology Parks Corporation and SUCCESS of the Trade and Industry Department will be held on 4 and 7 August. Interested persons are welcome to join. Admission is Free. Please register at the links below.
I. Public Sector Trial Scheme (PSTS-TC and PSTS-SPC) - Realisation and Commercialisation of the R&D Outcomes"
(To be held on 4 August 2020 by TecOne of the Hong Kong Science and Technology Parks Corporation (HKSTP) as live streaming webinar)
PSTS-TC and PSTS-SPC aim to provide funding support for eligible private companies for production of prototypes/samples and/or conducting of trials in the public sector. In this webinar, representatives from the HKSTP will introduce the programme outline, application procedures and vetting criteria. Representatives from two Park companies will also share their successful cases under PSTS-SPC. (The webinar will be conducted in Cantonese.)
Please click here for details and registration.
II. Government Funding Schemes — Assisting You to Promote Business and Overcome Challenges
(To be held on 7 August 2020 by SUCCESS of the Trade and Industry Department as live streaming webinar)
Please see "SUCCESS Seminar" section above or click here for details and registration.
Promotional Flyer
"SME ReachOut" Online Outreach Activity on Government Funding
(This activity will be conducted online on 14 August 2020)
As a breakthrough in SME support services, the "SME ReachOut" actively organised "outreaching activities" to SMEs, and visited various industrial and commercial buildings in different districts for introducing government funding schemes to SMEs and assisting them to match with suitable schemes free of charge. During the epidemic, the SME ReachOut will continue to organise online outreach events to providing supports to SMEs. Details of the upcoming event are set out below:
Date: 14 August 2020 (Friday)
Time: 10:00 — 10:30 Live webinar on "Government Funding Overview"
10:30 — 17:00 "One-on-one" consultation
Fee: Free of Charge
For any enquiry, please contact SME ReachOut as follows:
Telephone: 2788 6262
Email: sme_reachout@hkpc.org
WhatsApp: 5283 4131
Event Details (Chinese only)
Enrolment
Webinar on COVID-19 and Novel Cyber Risk
(This webinar will be live-streamed on 4 August 2020)
This webinar is organised by the Hong Kong Management Association. SUCCESS is one of the supporting organisations. This webinar will invite a cybersecurity expert to share some security hacking incidents and tips on how to boost cyber security safety and prevent cyber attacks. (This webinar will be conducted in Cantonese.)
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Webinar on Prevention of COVID-19 in Workplace
(This webinar will be live-streamed on 13 August 2020)
This webinar is organised by the Hong Kong Management Association. SUCCESS is one of the supporting organisations. This webinar will invite three speakers to share practical tips on workplace cleaning and disinfecting. (This webinar will be conducted in Cantonese.)
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HKMA 60th Anniversary Leadership & Management Seminar Series
(This webinar will be live-streamed on 17 August 2020)
This webinar is organised by the Hong Kong Management Association. SUCCESS is one of the supporting organisations. This webinar will invite the Managing Director from a public utility company to share his management philosophy and experiences. (This webinar will be conducted in Cantonese.)
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Dedicated Fund on Branding, Upgrading and Domestic Sales (BUD Fund)
BUD Fund provides funding support to individual non-listed Hong Kong enterprises in undertaking projects to develop brands, upgrade and restructure their business operations and promote sales in the Mainland and ASEAN* markets, so as to enhance their competitiveness and facilitate their business development in these markets.
To strengthen support to enterprises in exploring new markets and new business opportunities, TID rolled out a new round of enhancement measures to the BUD Fund in January 2020. The enhancement measures include extending the geographical coverage of the Fund to all economies with which Hong Kong has signed Free Trade Agreements (FTAs)**; increasing the cumulative funding ceiling per enterprise to $4 million, including $2 million for projects in the Mainland and $2 million for projects in ASEAN and other FTA markets; and increasing the ratio of initial payment from 25% to up to 75% of the total approved government funding.
Further enhancements to the BUD Fund have been effective since 9 April 2020, including the removal of the geographical demarcation for each enterprise in undertaking projects in the Mainland and other economies which have signed FTAs with Hong Kong ($2 million cumulative funding each). Enterprises can flexibly make use of the total funding of up to $4 million to undertake projects in the Mainland or other economies which have signed FTAs with Hong Kong. Besides, enterprises participating in virtual exhibitions organised by Government-related organisations or reputable exhibition organisers with good track records are eligible for funding support under the BUD Fund.
HKPC has been engaged as the implementation partner of the BUD Fund to implement the funding scheme. Online application service has been available from 30 June 2020 onwards. Please contact HKPC at 2788 6088 or visit the official website of the BUD Fund (www.bud.hkpc.org/) for details of the funding scheme. HKPC also regularly organises seminars to enhance enterprises’ understanding of the BUD Fund.
* ASEAN comprises Brunei Darussalam, Cambodia, Indonesia, Laos, Malaysia, Myanmar, the Philippines, Singapore, Thailand and Viet Nam.
* *Including the Mainland, New Zealand, the four member states of the European Free Trade Association (i.e. Iceland, Liechtenstein, Norway and Switzerland), Chile, Macao, the ten member states of ASEAN, Georgia and Australia.
Work Arrangements in Times of Adverse Weather Conditions
The "Code of Practice in Times of Typhoons and Rainstorms" (COP) published by the Labour Department aims at alerting employers to work out with employees as early as possible the reasonable and practical work arrangements in times of typhoons, rainstorm warnings or "extreme conditions" after super typhoons, as well as under other adverse weather conditions and be flexible and sympathetic with due consideration to the actual circumstances. The COP also provides reference guidelines to employers and employees on the work and resumption of work arrangements in the event of the Government issuing the new post-super typhoon "extreme conditions" announcement.
Code of Practice in Times of Typhoons and Rainstorms
Gist of Possible Government Announcement on "Extreme Conditions" after Super Typhoons
Corruption Prevention Advisory Service (CPAS) of ICAC
A good governance system is vital for SMEs' effective operation, and can help sustain their company image and hence counterparts' confidence in doing business with them. The Corruption Prevention Department of the Independent Commission Against Corruption (ICAC) has launched the Corruption Prevention Advisory Service (CPAS). The CPAS is a specialised unit dedicated to providing tailor-made, free and confidential corruption prevention advice on system control in common business areas such as procurement and staff administration. Enterprises can access its user-friendly web portal (https://cpas.icac.hk/) for details of the services and to get timely and useful resources on corruption prevention such as staff code of conduct, corruption prevention guides and tools, case studies, quick tips and red flags.
To receive regular updates on corruption prevention, please click here to subscribe to the CPAS e-news.
Free IP Consultation Service
The Intellectual Property Department (IPD), supported by the Law Society of Hong Kong, now provides FREE One-On-One IP Consultation Service for SMEs. To obtain more information and/or apply for the Service, please visit IPD's dedicated website "Hong Kong - The IP Trading Hub": http://www.ip.gov.hk/ipcs-e.
Topical Issues
Video Show of SME Seminars
In order to reduce the risk of the spread of the novel coronavirus in the community, SUCCESS will not provide "Video Show of SME Seminars" for the public until further notice.
T-box Workshop on "Introduction of BUD Fund"
(This workshop will be live-streamed on 12 August 2020)
This workshop is organised by the Hong Kong Trade Development Council. The Dedicated Fund on Branding, Upgrading and Domestic Sales (BUD Fund) has been further enhanced since 9 April 2020. Enterprises can flexibly make use of the total funding of up to $4 million to undertake projects in the Mainland or other economies which have signed FTAs with Hong Kong. Besides, enterprises participating in virtual exhibitions organised by Government-related organisations or reputable exhibition organisers with good track records are eligible for funding support under the BUD Fund. At this workshop, representative from the BUD Fund Implementer will introduce the latest enhancement measures of BUD Fund and explain in detail the fund application instructions, as well as the introduction of online application service from 30 June 2020 onwards. (This workshop will be conducted in Cantonese.)
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Business News
GDETO Newsletter
The latest issue of the Hong Kong Economic and Trade Office in Guangdong (GDETO) Newsletter has been published.
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Commercial Information Circulars (CICs) of the Mainland
The Trade and Industry Department issued a number of Commercial Information Circulars (CICs) on the Mainland's trade and economic rules and regulations. The latest CICs have been published.
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