Support and Consultation Centre for SMEs
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SUCCESS
E-newsletter
17 November 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.

More Details
 

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.

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.

SUCCESS Seminar

Webinar: “How to Build an Effective and Successful Team”
(This webinar will be live-streamed on 19 November 2021)

Successful team building is the key of any company’s success. In this webinar co-organised by SUCCESS and Hong Kong International Coaching Community, an expert will share how to build an effective and successful team. Speaker will also explain how to develop a customised, in-depth and comprehensive plan for team building, with a view to building trust, improving communication and creating a culture of collaboration in the workplace. (This webinar will be conducted in Cantonese.)

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Trade and Industry Department / SUCCESS-supported Activities

“Expand Markets with Government Funding Support”
(This event will be live-streamed on 24 November 2021)

This seminar is organised by the SME ReachOut. This seminar will introduce the SME Export Marketing Fund (EMF) and the Dedicated Fund on Branding, Upgrading and Domestic Sales (BUD Fund), with a view to assisting enterprises to expand their markets. (This seminar will be conducted in Cantonese.)

More Details

“Driving Smart Finance Mastering Commercial Data Interchange”
(This event will be live-streamed on 25 November 2021)

This seminar is organised by the Hong Kong Productivity Council (HKPC). SUCCESS is one of the supporting organisations. This seminar will introduce the “Commercial Data Interchange” and share how digital financial services can assist SMEs in their business development. Representative from HKPC will also share how small and medium-sized manufacturers can utilise financing funds and relevant supports to undergo reindustrialisation. (This seminar will be conducted in Cantonese.)

More Details (in Chinese only)

“5G Symposium: How 5G Reshape the Electronics Industries”
(26 November 2021 at Hong Kong Science Park)

This symposium is organised by the Federation of Hong Kong Industries and Hong Kong Electronics Industry Council. SUCCESS is one of the supporting organisations. This symposium will share the global trend of 5G technology and its development, relations of 5G and the electronics industry, as well as opportunities for the industry practitioners in the 5G era. (This symposium will be conducted in English.)

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HKPC Academy Training Programme - Smart e-Logistics Technology for Executives
(13 and 14 January 2022 at Hong Kong Productivity Council)

This course is organised by the Hong Kong Productivity Council. SUCCESS is one of the supporting organisations. This course is designed for logistics managers to help them develop practical e-logistics knowledge and ready-in-mind skill sets. The course will share real cases to explore how to put these industry best practices in daily operation management. (Admission fee is required. This course will be conducted in Cantonese.)

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The HKIE Young Engineer of the Year Award 2022 - Invitation for Nominations

The Hong Kong Institution of Engineers (HKIE) is organising the Young Engineer of the Year Award 2022 for the HKIE members. The award aims to recognise and honour outstanding young engineers who have made valuable contributions to the continuous development of Hong Kong through their engineering achievements. The nomination deadline falls at 5:00 pm (Hong Kong time) of 9 December 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)

The Trade and Industry Department (TID) has rolled out enhancement measures on the BUD Fund to strengthen support to Hong Kong enterprises in exploring new markets and new business opportunities.

Starting from 30 July 2021, the geographical scope under the BUD Fund has been extended to Japan and Korea, with which Hong Kong has signed Investment Promotion and Protection Agreements (IPPAs).  In addition, the cumulative funding ceiling per enterprise has been increased from $4 million to $6 million.

The geographical scope of the BUD Fund will be further extended by phases to cover all economies with which Hong Kong has signed Free Trade Agreements (FTAs) and/or IPPAs.  The implementation timetable is as below:

The first quarter of 2022                          Extend the geographical coverage to Austria, Belgo-Luxembourg Economic Union, Canada, Denmark, Finland, France, Germany, Italy, Mexico, the Netherlands, Sweden and the United Kingdom
The second quarter of 2022 Extend the geographical coverage to Kuwait and the United Arab Emirates
 
Hong Kong Productivity Council (HKPC) as the BUD Fund Implementer 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.

Upcoming event for November 2021 is as follows:

Date Theme of Seminar
22 November 2021  BUD Fund (Enhanced Mainland + FTA and IPPA Programmes) – Promotion Webinar on Application /Implementation

(More Details (in Chinese only))

Enterprises are welcome to join the webinar.

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.

HKTDC Research Webinar “The E-Commerce Route into Latin America” (Webinar)

(This webinar will be live-streamed on 20 December 2021) 

The webinar is organised by the Hong Kong Trade Development Council. The Covid‑19 outbreak has thrust e-commerce into the spotlight, compelling struggling businesses to try out new sales avenues in both local and overseas markets, including Latin American countries like Argentina, Chile, Colombia and Peru. In a bid to help Hong Kong traders make inroads into these countries, this webinar will detail their digital and economic landscapes, and share key insights on securing success within their borders. (This webinar 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.

More Details (in Chinese only)

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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