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The Technology Voucher application is divided into six main stages:
Detailed steps are as follows:
After receiving the notification from the Innovation and Technology Bureau, the applicant needs to enter the Technology Voucher System to confirm whether they have received the Technology Voucher funding. If funded, they need to sign the contract and start project implementation. The detailed steps are as follows:
Here are the detailed steps:
The TVP (Technology Voucher Programme) is a funding scheme launched by the Government of the Hong Kong Special Administrative Region. It aims to support small and medium-sized enterprises (SMEs) in Hong Kong to adopt new technologies to enhance their competitiveness and efficiency. The programme is managed by the Innovation and Technology Commission (ITC) and offers up to HKD 600,000 in funding to eligible enterprises.
Misconception 1: Only technology companies can apply for the Technology Voucher.
Fact: In addition to technology companies, any enterprise registered in Hong Kong can apply for the Technology Voucher, as long as the project meets the application standards and eligibility requirements.
Misconception 2: Applying for the Technology Voucher requires technical expertise.
Fact: Applicants do not need to have professional technical knowledge and can hire a Technology Voucher consultant to assist with the application.
Misconception 3: The Technology Voucher can only be used for technological research and development.
Fact: The scope of funding for the Technology Voucher is very broad, including various technology projects such as website development, POS systems, data analysis, and smart manufacturing.
Misconception 4: Only large enterprises can apply for the Technology Voucher.
Fact: The Technology Voucher is open for application to enterprises of any size, whether small, medium, or large.
Misconception 5: Applying for the Technology Voucher requires an extremely detailed business plan.
Fact: Applicants only need to briefly introduce the concept and purpose of the project, as well as the expected benefits.
Misconception 6: Applying for the Technology Voucher requires past experience in technology projects.
Fact: Applicants do not need to have experience in past technology projects, as long as the project meets the application standards and eligibility requirements.
Misconception 7: The Technology Voucher can only be used with local suppliers.
Fact: The use of the Technology Voucher is not limited to local suppliers; it can also be used to purchase technology products or services from overseas suppliers to meet the needs of the applying enterprise.