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

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.

Trade and Industry Department / SUCCESS-supported Activities

Webinar: “How could SMEs explore opportunities in a VUCA environment”
(This webinar will be live-streamed on 19 January 2022)

Under the new reality of the global pandemic, how can SMEs stay competitive and achieve breakthrough growth in this VUCA (volatile, uncertain, complex and ambiguous) environment? In this webinar, experts will share how to explore opportunities and embrace the VUCA environment with a structured and holistic Business Model Canvas approach. Speakers will also share the successes of the fastest-growing companies in the world and answer some frequently asked questions, with a view to helping SMEs ensure business sustainability. (This webinar will be conducted in Cantonese.)

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Business Info-Pack: Support Services for Exploring the Mainland Market

We have recently launched a business info-pack under the "Four-in-one" Integrated Services of the SME Centre, introducing the support services for exploring the Mainland market provided by the Trade and Industry Department, the Hong Kong Trade Development Council, the Hong Kong Productivity Council and the Hong Kong Science and Technology Parks Corporation, with a view to helping enterprises seize the opportunities brought by the domestic circulation. The support services include the provision of Mainland business information, business advisory services, relevant funding schemes, etc.

Business Info-Pack (in Chinese only):
https://www.success.tid.gov.hk/success_enews/Business%20Info-Pack/Mainland%20Support%20Services.pdf

Suspicious Email Detection System (V@nguard)

The Cyber Security and Technology Crime Bureau (CSTCB) of the Hong Kong Police Force has joined hands with the University of the Hong Kong (HKU), and the associations representing small and medium-sized enterprises (SMEs), to promote an anti-email scam project named e-GUARD to the business sector through a multi-agency approach. Under Project e-GUARD, a Suspicious Email Detection System named V@nguard, is co-developed by the CSTCB and the HKU to facilitate local SMEs in detecting suspicious emails from daily business communications automatically and protecting them from email scams. Currently, V@nguard only operates on email server running on Linux operating system.

Enterprises can download V@nguard for free via https://cyberdefender.hk/en-us/security_tools/. For enquiries, please call 2860 2913 or email at vanguard@police.gov.hk.

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Online Seminars on “CISG in Hong Kong – What It Means for Businesses”

(The seminars will be live-streamed on 19 and 26 January 2022)

To help businesses prepare for the implementation of the United Nations Convention on Contracts for the International Sale of Goods (“CISG”), the Department of Justice and the Hong Kong General Chamber of Commerce will co-organise two online seminars on 19 January 2022 (Cantonese session, 11:00 am to 12:30 pm HKT) and 26 January 2022 (English session, 4:00 pm to 5:30 pm HKT) respectively.

The seminars will cover the following areas which are important to the business sector:

• Overview of the salient features of CISG, as well as its differences from the existing legal regime in Hong Kong
• Potential effects of such changes on cross-border trade practices
• Practical tips concerning dealings in the international sale of goods under CISG

Interested participants may register for the seminars as follows:

Cantonese Seminar – 19 January 2022	English Seminar – 26 January 2022
https://us02web.zoom.us/webinar/register/ WN_yyzsdqNMQwKl6H9NkM0ZLQ (More Details)	https://us02web.zoom.us/webinar/register/ WN_A_m0aQC5Q9C0h2pRj-MKMg (More Details)

To learn more about CISG, please visit:
https://www.doj.gov.hk/en/featured/un_convention_on_contracts_for_the_international_sale_of_goods.html

Topical Issues

Support Measures relating to Liquidity

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 January 2022 is as follows:

Date	Theme of Seminar
21 January 2022	BUD Fund (Enhanced Mainland + FTA and IPPA Programmes) - Webinar on Application / Implementation and Physical Consultation Session (More Details (in Chinese only))

Enterprises are welcome to join the event.

 

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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