We assist Hong Kong companies to apply BUD Fund and there are 109 approved BUD Fund application, including the subsidary of 5 Hong Kong listed companies and 3 oversea listed companies, in Hong Kong to apply for the government’s Dedicated Fund on Branding, Upgrading and Domestic Sales (BUD Fund). The amount of project approved has accumulated to over HKD 145,000,000. The backgrounds of these successful applicants vary from manufacturing, retailing, and professional services industries, while their products include high quality food products, personal health care goods, fashion and recreational items, business system software, and professional services etc.
Successful stories of BUD fund
BUD Fund helps companies which are registered and operated in Hong Kong and non-listed in any stock market to enhance their competitiveness and facilitate their business development in the mainland, FTA and IPPA regions. Operations of the applicant in Hong Kong and target market must be legal and meet the regulation. Otherwise, government funding cannot supports the applicant whatever how long the operation in Hong Kong and target market. The BUD Fund supports companies to develop brands, upgrade and promote sales in the mainland, FTA and IPPA regions, including but not limited to marketing for mainland, FTA and IPPA regions, increasing brand awareness, optimizing enterprise operation, improving product quality , and developing sales channels.
The cumulative funding ceiling per enterprise under the BUD fund is HKD 7,000,000. The fund will be provided on the matching basis.
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