Government Support Available in Hong Kong
To help SMEs in Hong Kong, the government has put in place several initiatives. If you’re thinking about starting a business in Hong Kong, here is a list of government grants and support schemes available:
- SME Loan Guarantee Scheme
- Microfinance Scheme
- SME Financing Guarantee Scheme
- SME Export Marketing Fund
- BUD Fund – Enterprise Support Programme
- Technology Voucher Programme
- Retail Technology Adoption Assistance Scheme for Manpower Demand Management
- Innovation and Technology Fund: General Support Programme
- The Patent Application Grant
- Innovation and Technology Fund: University-Industry Collaboration Programme
- Innovation and Technology Fund: Research and Development Cash Rebate Scheme
- Film Development Fund
- Cleaner Production Partnership Programme
- Recycling Fund (Enterprise Support Programme)
- Recycling Fund (Small-scale Standard Projects)
Since April 2020, a Special 100% Loan Guarantee Scheme was introduced for the Special Administrative Region of Hong Kong. It falls under the SME Financing Guarantee Scheme and is applicable to all sectors.