D-Biz Fund
D-BIZ fund is Hong Kong’s attempt at helping businesses effected by the COVID-19 pandemic and sponsored by the HKPC (Hong Kong Productivity Council). Being a “Distance-Business” Fund, the D-Biz is to improve all private enterprises business operations as businesses transition to an online and remote state. The fund supports the advancement in businesses to transition to an online platform.
List of things that can be done
- Online Business
Web development, e-commerce platform, digital advertising (excluding cost of promotion production) - Online order taking and delivery, and smart self-service systems
Creation of portal, smart deliveries that promote distancing, promotion of self-service, digital advertising (excluding cost of promotion production) - Online customer services and engagement
Portal development for online reservations, tech to faciliatate distance learning facilities, digital advertising (excluding cost of promotion production) - Digital customer experience enhancement
Enhancement in customer service enhancement with tech such as chatbot development, augmented reality, virtual reality, or mixed reality integration and analytics to improve customer experience. - Digital payment / mobile point of sale
Enable digital payment, set up fees, excluding handling fee - Online / cloud-based financial management systems
Invoicing and bill collection, accounting and budget planning, asset and liabilities management, regulatory compliance, reporting and upgrade to cloud-based - Online/ cloud-based HR
Payroll, leave, reimbursements, leave, and training - Remote document management, cloud storage and remote access services
Setting up and using remote storage as well as ability to work remotely (VPN) - Virtual meeting and conference tools
Tools to improve virtual meetings and communications - Virtual team management and communications
Tools to improve virtual group meetings and collaborate. - Cybersecurity solutions
Encryption, firewall, anti-virus and malware solutions. - Other online / custom-built / cloud-based business support systems
Other solutions to support distancing wheter it be custom built or off the shelf
SME Fund
SME stand for 'Small Medium Enterprises' and the fund is targeted for small-medium sized businesses in Hong Kong with "Substantive Business Operations". The fund supports SME's export promotion activities. The fund must be used to target foreign markets and cannot be used on local promotion.
List of things that can be done
- Trade Fairs
Locally and internationally, the SME fund supports trade fairs that are targeted for the foreign markets - Business Missions
International business missions to promote - Advertising
Ads targeted towards foreign markets on offline and online platforms but must be targeted towards foreign markets.
BUD Fund
The BUD Fund dedicated towards helping non-listed enterprises with sales, business restructuring, and branding. The fund is fairly broad and helpful for most businesses but there is an extensive application process.
List of things that can be done
- Branding
Strategy, positioning, building design, communications, assessment, protection, and tracking - Upgrading and Restructuring
innovation, repositioning, material management, technology/management upgrades, logistics - Promoting Sales
Strategic planning, operation manageent, channel management, team formation and management.
TVP Fund
TVP stand for Technology Voucher Programme and is a fund that supports the funding of technology and system upgrades in businesses to promote greater productivity.
The fund is available to private Hong Kong-based businesses with over a year of records.
List of things that can be done
- Appointment scheduling and queue management system
- Augmented reality (AR) technologies system
- Big data and cloud-based analytics solution
- Building information modeling (BIM) system
- Computer Aided Design (CAD)
- Clinic management system
- Cybersecurity solution
- Digital customer experience enhancement
The list goes on and can be referenced on Annex B of their guide but typically any technological upgrade to improve productivity for your business will probably be covered by TVP.
