To provide funding support to individual Hong Kong enterprises in undertaking projects to develop brands, upgrade and restructure their business operations and promote sales in the Mainland and economies with which Hong Kong has signed Free Trade Agreements (FTAs) and Investment Promotion and Protection Agreements (IPPAs), so as to enhance their competitiveness and facilitate their business development in the Mainland, FTA and IPPA markets.
It is the responsibility of an applicant enterprise to complete an application form timely and truthfully and to provide all supporting documents.
Funding applications are being processed on a continual basis instead of by batches on a quarterly basis. All applications will be vetted by Programme Management Committee (PMC).
In respect of each approved project, the funded enterprise has to sign a funding agreement with the BUD Fund Implementer.