Support and Consultation Centre for SMEs
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SUCCESS
E-newsletter
14 July 2021

What's New
Topical Issues
Business News

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

2021-22 Hong Kong Awards for Industries (HKAI): Invitation for Entries

The 2021-22 HKAI, supported by the HKSAR Government, is now open for entries.  Hong Kong companies in the manufacturing and services sectors are invited to join.  The closing date for entries is 6 August 2021.

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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.

SUCCESS Activities

In view of the latest development of the epidemic situation, the counter service of SUCCESS has been resumed.  Meanwhile, webinars, Customer Hotline (Tel.: (852) 2398 5133) and Email Enquiry (success@tid.gov.hk) continue to be operated as usual.  On the other hand, 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.

Webinar: "Mainland and Hong Kong Closer Economic Partnership Arrangement (CEPA): Latest Development"

(This webinar will be live-streamed on 21 July 2021)

The Mainland and Hong Kong Closer Economic Partnership Arrangement (CEPA) is a free trade agreement concluded by the Mainland of China and Hong Kong in 2003.  CEPA opens up the huge Mainland market for Hong Kong goods and services. Hong Kong products that fulfil the CEPA rules of origin can enjoy zero tariff benefit upon importation into the Mainland.  Hong Kong service suppliers can also enjoy preferential treatments in various service sectors for access to the Mainland market.  The amended CEPA Agreement on Trade in Services has been smoothly implemented since 1 June 2020, introducing new liberalisation measures in a number of important services sectors.  In addition to the liberalisation measures applicable to the whole of Mainland, measures have also been introduced for pilot implementation in the Guangdong Province.  These measures make it easier for Hong Kong service suppliers and professionals to set up enterprises and develop business in the Mainland, capturing the tremendous opportunities brought by the National 14th Five-Year Plan.  In this seminar, representative from the Trade and Industry Department will give an update on the latest CEPA benefits and answer some frequently asked questions. (This webinar will be conducted in Cantonese.)


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Trade and Industry Department / SUCCESS-supported Activities

Webinar: "Grab the GBA Growth Opportunities with Technology"

(This webinar will be live-streamed on 15 July 2021)

This webinar is organised by the Hong Kong Productivity Council.  SUCCESS is one of the supporting organisations.  Speakers will share how SMEs could tap into the Greater Bay Area (GBA) market, and introduce the relevant development parameters in the GBA from different perspectives, including the customer behavior there, technology and financial tools for assisting business operation, as well as relevant government funding schemes which assist enterprises to open up the market. (This webinar will be conducted in Cantonese.)


More Details (in Chinese only)

Webinar: "Keep Up with the Pace of Smart Technology Development — Webinar for Supply Chain Industry Transformation"

(This webinar will be live-streamed on 28 July 2021)

This webinar is organised by the Hong Kong Productivity Council.  SUCCESS is one of the supporting organisations.  Speakers will share the latest trends of industrial transformation and technology application for logistics industry, and introduce the government funding schemes that are suitable for logistics services providers. (This webinar will be conducted in Cantonese.)


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"Understanding Blockchain Technologies & Applications: An Experiential Programme"

(4 August 2021 at Hong Kong Productivity Council)

This course is organised by the Hong Kong Productivity Council.  SUCCESS is one of the supporting organisations.  This programme aims to introduce Blockchain technologies to non-tech professionals such as human resources, marketing, sales, finance and senior management, and assist them to gain a practical understanding of the Blockchain technologies. (Admission fee is required. This course will be conducted in Cantonese.)


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"Journey to HR Analytics — How to Apply Data to Manage Human Resources in a Qualitative Way?"

(2, 6, 20, 23 and 27 August 2021 at Hong Kong Productivity Council)

This course is organised by the Hong Kong Productivity Council.  SUCCESS is one of the supporting organisations.  This course aims to equip human resources practitioners with the knowledge and practical skills in data analytics to formulate human resources strategies. (Admission fee is required. This course will be conducted in Cantonese.)


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"Smart e-Logistics Technology for Executives"

(5, 19, 26 August, 2 and 9 September 2021 at Hong Kong Productivity Council)

This course is organised by the Hong Kong Productivity Council.  SUCCESS is one of the supporting organisations.  This course will share real cases of e-Logistics and industry best practices in daily operation management for logistics managers, assisting logistics managers to develop practical knowledge and mind sets for e-Logistics. (Admission fee is required. This course will be conducted in Cantonese.)


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Guangdong-Hong Kong-Macao Greater Bay Area High-value Patent Portfolio Layout Competition 2021 is now open for application

The Guangdong-Hong Kong-Macao Greater Bay Area High-value Patent Portfolio Layout Competition 2021 is co-organised by the Guangdong Administration for Market Regulation (Guangdong Intellectual Property Administration), the Intellectual Property Department of the Government of the Hong Kong SAR, the Economic and Technological Development Bureau of the Government of the Macao SAR, and the People’s Government of Foshan Municipality.  The Competition is now open for application.  Application deadline is 30 July 2021.  Details are as follows: -

Official website (Simplified Chinese version only)
Online application (Simplified Chinese version only)

Extending employees' compensation protection to employees commuting to or from work under "extreme conditions"

The Employees' Compensation (Amendment) Ordinance 2021 (Amendment Ordinance) has come into effect since 2 July 2021.

The Amendment Ordinance extends the coverage of the Employees' Compensation Ordinance (Cap. 282) to the situation where an employee sustains an injury or dies as a result of an accident when commuting to or from work during the period of "extreme conditions" arising from a super typhoon or other natural disaster of a substantial scale.  The relevant employee is provided with the same employees' compensation protection on par with that under Tropical Cyclone Warning Signal No. 8 or above or when the Red or Black Rainstorm Warning Signal is in force.  The amendment is applicable to those employees who are injured or die under the above circumstances on or after the effective date of the Amendment Ordinance (i.e. 2 July 2021).


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Topical Issues

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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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 / WhatsApp (Text Message Only) at 2788 6868 or email by sme_reachout@hkpc.org. 


Dedicated Fund on Branding, Upgrading and Domestic Sales (BUD Fund)

To support enterprises in exploring more diversified markets, the Government has injected $1.5 billion into the BUD Fund in April 2021 and will launch enhancement measures by phases from July 2021 including –

  1. extending the geographical coverage from all economies with which Hong Kong has signed Free Trade Agreements (FTAs) to also include all economies with which Hong Kong has signed Investment Promotion and Protection Agreements (IPPAs); and
  2. increasing the cumulative funding ceiling per enterprise from $4 million to $6 million.

A comparison of the current and enhanced funding scope and ceilings is set out below.

  Current Arrangement The Arrangement After Full Implementation of Enhancement Measures
Geographical Coverage Mainland, ASEAN and other economies with which Hong Kong has signed FTAs1

(20 in total)
Mainland, ASEAN and other economies with which Hong Kong has signed FTAs and/or IPPAs2

(37 in total)
Cumulative Funding Ceiling per Enterprise $4 million $6 million
Funding Ceiling per Project $1 million $1 million
  1. So far Hong Kong has signed eight FTAs covering 20 economies, namely 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 the ASEAN (comprising Brunei Darussalam, Cambodia, Indonesia, Laos, Malaysia, Myanmar, the Philippines, Singapore, Thailand and Vietnam), Georgia and Australia.
  2. So far Hong Kong has signed 22 IPPAs covering 31 foreign economies, namely the ten member states of the ASEAN, Australia, Austria, Belgo-Luxembourg Economic Union, Canada, Chile, Denmark, Finland, France, Germany, Italy, Japan, Republic of Korea, Kuwait, Mexico, the Netherlands, New Zealand, Sweden, Switzerland, Thailand (an ASEAN member state), the United Arab Emirates and the United Kingdom.

Hong Kong Productivity Council (HKPC) has been engaged as the implementation partner of the BUD Fund to implement the funding scheme.  HKPC also regularly organises seminars/webinars in order to enhance enterprises’ understanding of the BUD Fund.  For details of the BUD Fund, please visit its website ( https://www.bud.hkpc.org/en ) or contact HKPC at 2788 6088.

SME ReachOut Series: "Powering up Your Company with Competitive & Brought-in Talent — Government Funding is the Key!"

(This webinar will be live-streamed on 21 July 2021) 

This seminar series is organised by "SME ReachOut".  As talent is one of the key factors in the global innovation and technology race, the Government has been taking a proactive approach to attract and nurture top-notch talent with a view to building a critical talent pool for driving innovation and technology.  This webinar will introduce two schemes that draw tech talent, namely Technology Talent Admission Scheme (TechTAS) and Reindustrialisation and Technology Training Programme (RTTP) to help local enterprises understand how to nurture their tech talent by putting to good use of the resources provided by the Government. (This seminar series will be conducted in Cantonese.) 

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T-box Workshop on "Enhancement Measures for Technology Voucher Programme (TVP)"  

(This workshop will be live-streamed on 28 July 2021) 

The workshop is organised by the Hong Kong Trade Development Council.  Launched in November 2016, TVP aims to support local enterprises/organisations in using technological services and solutions to improve productivity, or upgrade or transform their business processes.  At this workshop, representative from the Hong Kong Productivity Council will introduce the details of the TVP, including the eligibility criteria and procedure, funding scope and assessment criteria. (This workshop will be conducted in Cantonese.)  

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Seminar on "How to Capitalize on the Belt and Road Opportunities? Overseas Industrial Parks as a Source of Opportunities"  

(29 July 2021 at Federation of Hong Kong Industries) 

The seminar is co-organised by the Federation of Hong Kong Industries and College of Business, City University of Hong Kong.  In this seminar, speaker will introduce the China Operated overseas industrial parks and share the preferential benefits of some selected overseas industrial parks.  Speaker will also share how Hong Kong industries can leverage on the benefit from the Belt and Road (B&R) industrial parks and capitalise on the B&R facilities and opportunities. (Admission fee is required.  This seminar will be conducted in Putonghua.)  

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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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