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

Launch of Hong Kong-Singapore Air Travel Bubble

The Governments of Hong Kong and Singapore have announced the detailed arrangements of the bilateral Air Travel Bubble.  Travellers between the two places will not be subject to any quarantine arrangements upon arrival, nor restrictions to their travel purposes or itineraries on the condition that they comply with a set of anti-epidemic protocols.  The designated flights will be launched on 22 November 2020.  

Please click here to browse the relevant press release.

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 $311.5 billion in the 2020/21 Budget and three 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 Government's 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

Webinar: "Exploring E-Commerce Opportunity in Indonesia"

(This webinar will be live-streamed on 23 November 2020)

E-commerce has been growing rapidly in Indonesia over the years, offering immense opportunities for companies.  In this webinar, expert speaker will give an overview of e-commerce market in Indonesia, including the prospect and potential of e-commerce, impact of COVID-19, and examples of Hong Kong companies developing e-commerce in Indonesia.  An enterprise representative will share his first-hand experience and the challenges encountered in doing online business in Indonesia.  Representative from Hong Kong Productivity Council will also introduce the "Dedicated Fund on Branding, Upgrading and Domestic Sales" (BUD Fund) and explain how BUD Fund could assist enterprises in expanding their businesses in overseas market.  (This webinar will be conducted in Cantonese.)

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Trade and Industry Department / SUCCESS-supported Activities

Hong Kong Sustainability Award 2020/21

This award is organised by the Hong Kong Management Association.  SUCCESS is one of the supporting organisations.  The award aims to raise awareness of the importance of sustainability in the business community, and to give public recognition to organisations demonstrating a commitment to sustainability in their operation while achieving good organisational performance.  The award is now open for entry.  The closing date for entry to the award is 1 February 2021.

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Foresight 2021

(This event will be held online from 23 to 27 November 2020)

This web-based event is organised by Hong Kong Productivity Council.  Through a series of forums, the event will share insights in the future trend and development of transformation, technology and new economy in 2021, and also explore further on digital commerce, green-tech & sustainability practices, future leadership skills, 5G and IoT, and re-industrialisation to help enterprises start or expand their businesses in the Hong Kong, Greater Bay Area and ASEAN markets.

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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.

Upcoming event for November 2020 is as follows:

Enterprises are welcome to join the webinar.

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/en/ ) 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.

Employment Guidelines on Wage Reductions and Retrenchments

Amid economic downturn, organisations may need to implement cost cutting measures to tide over the difficult situation.  The Labour Department has updated the leaflets and booklets on wage reductions and retrenchments for reference of employers and employees.  Employers are also reminded of their obligations under the Employment Ordinance.

Guidelines on What to do if Wage Reductions and Retrenchments are Unavoidable
Do's and Don'ts - When Wage Reductions and Retrenchments are Unavoidable

Hong Kong Authorized Economic Operator Programme (HKAEO): Hybrid mode seminar on "Counter the pandemic by e-commerce"

(The hybrid mode seminar will be conducted on 24 November 2020) 

Under the anti-epidemic period, the Customs and Excise Department (C&ED) has continued to promote the HKAEO Programme to local traders and will participate in a hybrid mode seminar on "Counter the pandemic by e-commerce" organised by the Hong Kong Netrepreneurs Association on 24 November 2020.

In the seminar, representative from Office of Supply Chain Security Management of C&ED will give an in-depth presentation on how the HKAEO Programme helps enterprises upgrade their supply chain security and seize business opportunities in overseas markets.  Speakers from Hong Kong Trade Development Council and industry representative will also be invited to introduce how e-commerce helps enterprises unleash new markets and analyze business strategies for online stores.

Interested parties please register via the following QR code (registration link in Chinese only) or contact C&ED through the following channels for further details.  (Seminar will be conducted in Cantonese.)

FASHION ASIA HONG KONG 2020: "FASHION CHALLENGES DIGITAL FORUM"

(To be held online on 2 & 3 December 2020)

FASHION ASIA HONG KONG is organised by Hong Kong Design Centre and is part of the fashion initiative of HKSAR Government.  The event combines insightful conversations, and engages interactions and cultural exchanges with a view to reinforcing Hong Kong’s position as the Asian hub for fashion trade and business development.  In view of the latest situation of Covid-19, FASHION ASIA HONG KONG 2020: "FASHION CHALLENGES DIGITAL FORUM" will be broadcast live online to a global audience, and is now open for FREE registration.

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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/EN/ ) 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": https://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. 

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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