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.
Eligibility
Hong Kong entities ,but not a listed company in Hong Kong, nor a government subvented organisation or subsidiary of any government subvented organisation,
And with substantive business operation in Hong Kong which is related to the project under application at the time of application.
Key Features
Provide funding for projects on a 3 (Government):1 (enterprise/organisation) matching basis.
Cumulative funding ceiling per enterprise/organisation: HK$600,000.
Up to 6 projects per enterprise/organisation.
Funding could cover: Technology Consultancy; Customised equipment/hardware, software and technological services or solutions; Off-the-shelf/readily available equipment/ hardware, software and technological services or solutions, Auditing fee, etc.
Assessment
Upon receipt of an application, ITC will check its eligibility and conduct a preliminary screening. ITC may also seek clarification or supplementary information from the applicant if necessary. Eligible applications will be considered by the TVP Committee while ineligible applications will be returned to the applicant. Applications supported by the Committee will be submitted to the Commissioner for Innovation and Technology for approval of funding.
