HK Government Funding Schemes – BUD Fund
1. Introduction
The Government of the Hong Kong Special Administrative Region formally established the "BUD Special Fund" in June 2012, and further optimization measures were launched recently on April 9, 2020.
"BUD Fund" could be separated as "Mainland Programme" and " FTA Programme" to assist Hong Kong enterprises in branding, Upgrading & Restructuring, Promoting Sales. Enterprises can flexibly use the total funding limit of HK$ 4 million to implement projects in the Mainland or FTA areas to develop and promote their products and services.
FTA economies include four member states of European Free Trade Association (Iceland, Liechtenstein, Norway, Switzerland), New Zealand, Chile, Macau, ASEAN (Brunei Darussalam, Cambodia, Indonesia, Laos, Malaysia, Myanmar, Philippines, Singapore, Thailand and Vietnam), Australia and Georgia.
2. Scope of the Programme