Technology Voucher Programme (TVP)

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

Local entities fulfilling the following requirements are eligible to apply for funding under the TVP:

(a)(i) Registered in Hong Kong under the Business Registration Ordinance (Cap. 310); or

(a)(ii) Incorporated and registered in Hong Kong under the Companies Ordinance (Cap. 622); or

(a)(iii) Established in Hong Kong by relevant ordinances as statutory bodies;

AND

(b) Not a listed company in Hong Kong, and not a government subvented organisation3 or subsidiary of any government subvented organisation3;

AND

(c) 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.

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.

TVP Application Process

1.Obtain Quotations

Obtain quotations from technology service provider(s) and supplier(s)

2.Submit Application

Copy of Form 1(a)/1(c) of Business Registration Office or Form NAR1 of Companies Registry

Evidence of business operation
(e.g. invoices/receipts issued within 3 months before submission of application)

Copy of identity proof of the signatory on the application form

Copy of quotation for all expenditure items

3.Project Completion

Project to be completed within 12 months, then submit final project report

4.Disburse Funding

Receive remaining funding and keep documents.