The technology voucher plan is increased to 600,000 yuan, the first step in the successful quotation of Yanyan

From April 1, 2020, the TVP funding limit for technology voucher will be increased from 400,000 to 600,000, and the funding ratio will be increased to 75%. For example, a technology project with a cost of 400,000 yuan will receive 300,000 government funding. Imagine that you can have a system worth 400,000 yuan with only 100,000 yuan, which can improve the company’s operating efficiency and reduce costs and risks. It is indeed very attractive.

understand more:Apply for 600,000 technology voucher to upgrade the system

However, many companies are often only attracted by the amount of 600,000 yuan, but they have not seen the actual needs. As a result, they are doing it and lacking various supporting facilities. If they do not provide training for their employees, they will eventually gain something but useless; even more bumpy. It is because of unsatisfactory people who find a technology supplier with a bad intention, and the project is not completed. It can be said that he lost his wife and broke down.

After all, find suitable and reputable suppliers and provide suitableTechnology Voucher Quotation，This is the correct first step to apply for technology voucher. The quality of the supplier directly affects the progress of the project. Only when the project is completed on time and in quantity can the company benefit from the benefits of technology as scheduled, and smoothly receive the entire technology voucher funding.

The important role of technology voucher suppliers directly affects funding opportunities

According to the Technology Voucher Application Guidelines of the Innovation and Technology Commission, the supplier’s no bad record is one of the key considerations. Generally speaking, bad records refer to poor service provided to the government and institutions in the past, or bad credit records (as the saying goes, “bad TU”), or even bid-rigging. As a customer, it is impossible to know the supplier’s track record clearly. In the unlikely event that the wrong supplier is selected, even how the entire application process is correct will greatly affect the chances of successful application for funding.

Furthermore, the Innovation and Technology Agency will raise questions about the information including the quotation. If the supplier fails to provide timely support, responding to the IIT related questions within the deadline will be regarded as abandoning the application. Customers of technology systems generally do not understand products, so technology system supply is a very conscientious industry.

There are many quotation traps in the science and technology system.

If you have tried to decorate an office or shop, you will know that there are many pitfalls in quotation, and technology system quotation also has this problem. Some unscrupulous technology system suppliers will excuse some vague terms in certain terms, and sales representatives may make verbal promises. However, there is no record in black and white. In addition, the supplier knows that ordinary customers do not know much about the specifications of technology projects, and deliberately add a lot of minor specifications to the quotation, in order to confuse the audience. The client thought that the report could be submitted after the project was completed. The IIT found that there was no relevant part of the system until each clause was checked, but at this time it was difficult to recover the balance. If the application is successful but not funded, it will seriously affect the company’s cash flow and even Normal operation.

Know more:Beware of the pitfalls of quotation from technology bond suppliers

Backed by technology matching platform, technology voucher consultants show their strength

Some technology voucher consulting companies on the market are solely responsible for application, but they don’t know much about technology and IT matters, nor do they have a network of technology suppliers. If customers encounter problems with technology applications, it is difficult to accurately respond and provide assistance. The TVP-hk technology voucher consultants cooperate with different technology matching platforms to understand the customer’s situation in detail before applying, and then match a number of suitable suppliers for customers to choose, to ensure that the suppliers are honest and reliable, have no bad records, and can provide clear information. ?’S written offer. We believe that professional technology voucher consultants should be able to assist clients until they receive funding. The technology voucher program has been increased to 600,000, regardless of whether you already have a technology solution, TVP-hk technology voucher consultants can provide assistance. To understand how technology solutions can enhance your business competitiveness, whether you are eligible for technology voucher applications, andTechnology Voucher Application Process，Please contact TVP-hk now (+852 9867 6897 or [email protected])

Know more about technology vouchers

The Technology Voucher Programme (TVP) can be applied for up to 6 times from April 1, 2020. The funding ceiling will be increased from 400,000 to 600,000, and the funding ratio will be increased from 67% to 75%. Most companies only apply for technology voucher once or twice, so some small knowledge may be unknown, but these are often overlooked, but it will affect the application opportunities and even the qualifications. Now we wait for the professional technology voucher consultant TVP- You know the hk words, 5 cold knowledge about technology coupons.

 

1) Open a few more companies and cannot exceed the 600,000 limit

There may be free lunches in the world, but there will never be twice. The applicant company needs to disclose the identity of the ultimate natural person shareholder, and if two companies have natural person shareholders who share more than 30% of the equity, they are regarded as affiliated companies and will be jointly calculated for cumulative funding, that is, if one of the companies has received 350,000 funding , The other company only has a funding of 250,000, so even if a person opens 100 wholly-owned companies, or holds multiple holdings or offshore companies, they can only get a total of 600,000 funding.

 

2) If the number of technology voucher quotes is insufficient, you can successfully apply

It is often said along the way that there are 3 quotations for less than 300,000 yuan, and 5 quotations for more than 300,000 yuan. However, if there are not enough quotations, you can apply for technology coupons. The conditions are that there are sufficient reasons. What is a sufficient reason? For example, the relevant system is unique, but it is also necessary to explain why the relevant system is irreplaceable, or its own system is 100% customized. This technology voucher application is based on its existing system Optimizing, so only the original technology bond suppliers can make quotations. These are all sufficient reasons.

 

3) Preliminary funding for technology vouchers is in vain

Although the Technology Voucher Program will provide an initial grant of 25% of the funding amount from December 1, 2019, because applicants need to set up a separate bank account for only the use of technology vouchers, very few companies will really ask for the initial funding. This move can refer to the original arrangement of the BUD special fund. What is interesting is that the BUD special fund has cancelled the relevant arrangements from January 20, 2020, and it is only necessary to use the main shareholder as a personal guarantee, and only for applications with a cumulative subsidy of more than 1 million. The enterprise only takes effect.

 

4) The original technology vouchers all fund testing and certification

According to the technology voucher application guidelines, if the application of technology systems requires energy management system (ISO 50001), environmental management system (ISO 14001) and information security management system (ISO/IEC 27001) testing and certification, all fees can be applied for technology voucher funding. Other ISO certifications can be funded as long as they have sufficient justifications. There are 3 ISO cases, which are relatively unpopular funding projects, but they are all in line with the funding principles of the Technology Voucher Program.

 

5) The application for unpopular technology voucher turned out to be so cold

There are many examples of the scope of funding for the technology voucher program, but there are always many types of technology systems, and the list cannot list all the possibilities. For example, a medical institution once applied for technology voucher to install a temperature monitoring system to ensure that drugs are properly stored in low temperatures. Since the launch of TVP2016, there has been only one case. This also proves that even if the proposed system is not popular, as long as there is sufficient justification, that is, the project and the business are reasonably related and the budget is in line with the market price, it is possible to successfully apply for technology voucher funding.

Since the technology voucher will be increased in April, we expect that there will be a large number of applications submitted by then. To apply successfully and smoothly, we must first ensure that the documents are sufficient and justified to reduce the number of repetitions. At the same time, we must respond quickly to the Innovation and Technology Commission’s questions. TVP-hk Technology Voucher Consulting Company has rich experience, no charge if it fails. To learn more about technology voucher advisory services, please contact TVP-hk (+852 9867 6897)

Know more about technology voucher

Websites, mobile apps, ERP enterprise resource planning, and POS sales systems are now indispensable for business operations. In order to encourage Hong Kong companies to use technology more, the Hong Kong Government Innovation and Technology Commission established the Technology Voucher Program (TVP) to subsidize companies. The ratio is 2/3 and the cumulative upper limit is 400,000; from April 1, 2020, the subsidy ratio will be increased to 3/4 and the cumulative upper limit is 600,000. The following is a simple example:

Suppose a company applies for project A and then project B, the cost of project A is 360,000 yuan, and the cost of project B is 300,000 yuan

Under the existing plan

• Project A funding is 360,000 x 2/3 = 240,000, and the remaining 160,000 funding
• Project B funding is 300,000 x 2/3 = 200,000, because the balance exceeds 160,000, so it can only be funded 160,000
• A company received a total of 400,000 yuan in funding, with a total actual expenditure of 260,000 yuan and no funding balance

2020year4month1From day to day

• Project A funding is 360,000 x 3/4 = 270,000, and the remaining funding is 330,000
• Project B funding is 300,000 x 3/4 = 225,000. Since the balance of project B does not exceed 330,000, it can receive funding of 50,000
• A company received a total of 50,000 in funding, the total actual expenditure was 165,000, and the funding balance was 105,000

The technology voucher program is already attractive, but it is even more attractive after the upgrade. If a company actually needs to upgrade its technology system, even if there is no technology voucher supplier, TVP-hk.com can also act as an intermediary consultant for technology voucher to help companies apply for technology voucher and complete the technology voucher project.

 

Problems faced by Hong Kong companies

• Work requires a lot of manpower to handle, so that there is no immediate communication between departments, which reduces work efficiency
• Departments are working independently, fail to integrate information and make business analysis difficult
• Manual handling is easy to make mistakes, and it is very difficult to find the source of the mistakes
• Human resource costs cannot be fully quantified, and calculation costs become complicated

The application of information technology is solving the above problems. Through system automation and information integration, it can not only generate real-time information, save manpower, reduce errors, so as to control costs and risks, and improve overall operating efficiency; at the same time, it is easier to use integrated tools to make business analysis. , To discover market demand and create business opportunities.

 

Technology Voucher Application Eligibility

1. Hong Kong company (i.e. valid business registration or company registration in Hong Kong)
2. Have actual business (i.e. MPF certificate has employment and income and expenditure certificates)
3. Non-listed companies, government funding agencies or their affiliates

Please note that the applicant company must have substantive business, not a shell company, and the submitted application materials must be true and correct; anyone who deliberately submits false information to defraud government funding will be held criminally liable.

 

Technology Voucher Application Process

It is not complicated to apply for technology voucher, but a little carelessness will cause delay in the approval of the application and affect the progress of the technology voucher project. The following is the application process for TVP-hk technology voucher consultants to assist clients:

1. Understand the basic information of the company, planned projects and budgets for preliminary evaluation
2. Sign contracts with customers to provide formal technology voucher advisory services
3. Assist customers in applying for technology vouchers
4. The application is approved and the technology voucher project is launched
5. Submit the final report and audit report after completing the project
6. The report is accepted and the subsidy is directly deposited into the company’s account

TVP-hk has served more than one hundred companies. As long as the consultants recommend it, the technological system is expected to be upgraded.

 

Common technology voucher items

• Enterprise Resource Planning (ERP) System
• Booking and Queuing System Booking and Queuing System
• Point-of-Sales (POS) System
• Customer Relation Management (CRM) System
• Human Resource Management (HRM) System
• Website or e-Commerce Online Shop Website or e-Commerce Online Shop
• Mobile Apps

Since the technology voucher will be increased in April, we expect that there will be a large number of applications submitted by then. To apply successfully and smoothly, we must first ensure that the documents are sufficient and justified to reduce the number of repetitions. At the same time, we must respond quickly to the Innovation and Technology Commission’s questions. TVP-hk Technology Voucher Consulting Company has rich experience, no charge if it fails. To learn more about technology voucher advisory services, please contact TVP-hk (+852 9867 6897)

The technology voucher plan will increase to 600,000 and 75% from April

The Budget 2020 will strengthen technology voucher funding. Effective April 1, 2020, the ceiling will be increased from 400,000 to 600,000, and the government funding ratio will be increased from two-thirds (66.7%) to three-quarters (75 %), you can apply up to 6 times. Looking back at the earlier appeals of various circles, the most people proposed to increase the funding limit to 600,000, and the surprise is to increase the funding ratio, because the technology voucher has been more subsidized than other funds (such as the BUD Special Fund or the EMF SME Marketing Fund). ) The common one-to-one ratio is high.Technology System SupplierAll welcome the relevant measures.

As applicants from April 1 can benefit from the new calculation method, our technology voucher consultants will teach the way that existing applicant companies should do to get the greatest discount, and predict future market changes accordingly. Existing applicants can be roughly divided into three categories:

• Companies planning to apply for technology voucher
• Companies that have been approved for technology voucher
• Companies waiting for the results of technology voucher applications

Companies planning to apply for technology voucher

The writing date is already in March. As long as you wait for less than one month, companies will be able to obtain a higher funding ratio. I believe that most companies that plan to submit applications in March will choose to apply in April. We also expect There will be a large number of applications in April.

Companies that have been approved for technology voucher

As for the companies whose applications have been approved, I believe they are already implementing the technology voucher project and it is impossible to cancel their applications. Therefore, the strategies of these companies are the same as before the budget announcement.

Companies waiting for the results of technology voucher applications

Whether such enterprises should cancel the applications they have submitted and apply again in April is the subject of our discussion. The technology voucher consultant believes that there are three decisive factors, that is, whether there will be plans to submit an application again in the future, the scale of the project, and the time when the application has been submitted. If you have already planned to apply again in the future and have responded to the questions of the Innovation and Technology Agency, if you cancel the application and re-enter the paper, the project will be delayed by at least 4 months (because the question has been answered, there is only about 2 months left before the successful application. It may take an additional 6 months if you re-enter the paper), and you have to respond to the question again. Since there are plans to apply again after the existing technology voucher program, we do not recommend canceling the application.

Conversely, there are no plans to apply for technology voucher in the future, nor have I received any questions from the Innovation and Technology Administration. The time and administrative cost for re-entering the paper are not high. Assuming that the applicant enterprise has not reached the upper limit of the accumulated subsidy, the government’s contribution has increased by twelve. One (75%-66.7%), for example, a 240,000 technology voucher project will receive an additional 20,000 yuan of funding. This kind of situation is attractive to re-entry.

As for other situations, the analysis should be based on the total additional 6 months required for re-entry and the time difference between the successful application, one-twelfth of the project’s funding and the administrative cost of responding to I&T’s questions to calculate whether the paper should be re-entered. Remember to cancel the application just for the difference in funding for the project. If the technology system can save a lot of costs, even the difference of a few months may not be compensated by the additional funding.

Market response to technology voucher applications

In the short term, we will wait until April to submit the application that was originally intended to be submitted in March to obtain more funding. In the long term, two types of demand will increase. One is companies that can enter the market due to increased capital leverage, and the other is companies that have already used up 400,000 funding. We believe that the Innovation and Technology Commission will increase its manpower to meet long-term needs. However, the speed of processing applications may slow down during the transitional period. In addition, the epidemic has caused many staff in the department to work at home, and the processing of technology voucher applications may be slow for some time. If the application documents are insufficient or need to be explained, it may take 1 to 2 months to process.

Since we have anticipated that short-term applications will take more time, if companies want toApply for Technology Voucher，More professional and experiencedTechnology Voucher AdvisorAssist, reduce the chance of application errors and explanations, and get the technology voucher subsidy in time. TVP-hk Technology Voucher Consultancy has assisted many companies in applying for technology voucher, no fees will be charged if it fails. For enquiries about technology voucher advisory services, please contact TVP-hk (+852 9867 6897)

 

BudgetRe-upgradeTechnology Voucher Program

[Key points] The Financial Secretary proposes that starting from April 2020, the funding ratio of the Technology Voucher Program will be increased from 2:1 (government and enterprise) to 3:1, which is 75% of the project, and the funding ceiling will be increased from 400,000 to 60 Million, the maximum number of applications has been increased from 4 to 6.

TVP-hk The technology voucher consulting company has considerable experience in successful cases, assisting clients in applying for technology voucher to enhance the application of technology. It also has a strong network of technology voucher suppliers, acting as an intermediary for technology voucher, and has a good reputation. If you have any enquiries, please contact TVP-hk (9867 6897)

All major parties require additional funding for technology voucher

The budget will be published on February 26, 2020. In the face of social events in 2019 and the 2020 pneumonia epidemic, Hong Kong’s economy has entered a cold winter, and various industries have been significantly affected. Some of them, such as retail and catering, have seen zero income. All walks of life have certain expectations for the relief measures in this Budget, such as distributing money to the public or spending expenses, etc. The business sector also expects strong funding and taxation support.

As a member of corporate services, the technology industry is also facing unprecedented difficulties. Therefore, representatives of the technology industry from major parties have asked for increased support for the industry, including raising the technology voucher subsidy ceiling to 600,000, giving priority to approval for work at home and team management System and so on. TVP-hk not only serves a large number of companies and organizations that need to upgrade technology systems, but also cooperates with various technology suppliers. Therefore, based on the experience of technology voucher consultants, I try to make predictions for the optimization of technology voucher schemes for reference by industry friends.

TVP-hk technology voucher consulting company has a lot of successful case experience, assisting customers to apply for technology voucher to enhance the application of technology. It also has a strong network of technology voucher suppliers, acting as an intermediary of technology voucher, and has a good reputation. If you have any queries, please contact TVP -hk (9867 6897)

 

Preliminary funds for technology bonds should be optimized

First of all, we predict that it will be difficult to increase the funding ceiling for the technology voucher in the short term. Since the launch of the technology voucher program in 2016, it has only doubled once on February 27, 2019, from 200,000 to 400,000. There is still some distance to the upper limit, so the chance of further increase is slim. Instead, we believe that there is room for optimization of the preliminary funds in the optimization measures on December 1, 2019. Now applicants need to open separate bank accounts and inject the same amount of capital to obtain 25% of the total funding as preliminary funds. As we know, it often takes three months to open a bank account in Hong Kong, and the procedures are quite cumbersome. For example, Lao Shi Dongzhong only obtains one-sixth of the total project cost in advance, which is not attractive to companies with an application amount of less than 300,000 yuan. . The relevant authorities may refer to the new practice of the BUD Special Fund on January 20, 2020, that is, the major shareholders provide personal guarantees, cancel the requirement to establish separate bank accounts, and increase the initial capital from 25% to a maximum of 75%. The special fund system is complete.

 

Increase the resources of the Innovation and Technology Department to speed up the application process

Another point that needs attention is that technology voucher applications have always taken longer than the BUD special fund. It often takes more than 4 to 5 months, with an average of about 80 working days. In addition, due to the recent epidemic, many government departments have If you need to work from home, the application process will inevitably be slowed down. In order to catch up with the backlog of applications, the relevant authorities should increase the resources of the Innovation and Technology Department, hire more staff for the Technology Voucher Scheme, and optimize the processing system, such as the use of artificial intelligence document recognition systems to assist in processing application documents and speed up the approval process. The funds reach the enterprise as soon as possible. As the saying goes, saving people is like fighting a fire, and government funding is like rain in time. We should take the opportunity to enhance the long-term competitiveness of Hong Kong enterprises in the principle of the people.

 

Technology Voucher Intermediary Consultant Wins in Professional and Experience

Most companies will only apply for technology voucher once or twice. Instead of spending a lot of time on research and risking application delay or failure, savvy companies will choose to hire professional and experienced technology voucher intermediary consultants to assist in related matters. TVP-hk Technology Voucher Consulting Company has assisted hundreds of companies to apply for technology vouchers, based on the interests of customers, and promised no fees for unsuccessful failures. Therefore, it has been able to gain the trust and support of customers and partners for many years. For enquiries about technology voucher advisory services, please contact TVP-hk (+852 9867 6897)

Technology Voucher Project to Rebuild Modern Website

The Technology Voucher Programme (TVP) subsidizes Hong Kong enterprises to apply technology systems at a ratio of two-thirds and a cumulative cap of 400,000. TVP-hk technology voucher consultant will introduce three series in a row, introducing enterprise resource planning system (ERP), customer relationship management system (Customer Relation Management system, CRM) and website system (Website system) applications in various industries Happening.

This series is the last one of the trilogy, introducing a system that everyone often comes into contact with: Website. You might think that websites are just very simple things. The World Wide Web has been popular for more than 20 years. What technology is there to speak of? Furthermore, there are many website platforms on the market, including international Wix, Shopify, etc. Local Shopline or Palm Shop, etc., can be made into a company portal website simply by DIY, and basically there is no need to spend technology voucher funding to build a website. The technology voucher consultant agrees that start-ups or small companies can use the platform to build their own websites during the embryonic stage of the company, which can meet basic needs at a lower cost. However, as the company develops, the company’s website will have three bottlenecks that need to be broken through: 1. The front-end user interface is not yet available. It can meet the increasing needs of customers; 2. The website platform fails to link and integrate with other systems; 3. It fails to cope with more complex infrastructure requirements. The following three successful examples of technology voucher will reveal how to break through various transformation barriers through system upgrades.

 

Customers design their own uniforms on the website platform

Uniform companies are known for their high-quality materials and low prices. Their customers are mainly college students and young company teams. When browsing the web, the person in charge found that there are printing companies in foreign countries that can allow customers to design their own manuscripts directly on the website (that is, Do it yourself, DIY), so I wonder if Hong Kong uniform companies can also launch similar services to improve service quality and become a selling point for marketing. TVP-hk has an extensive supplier network and is a reliable technology voucher intermediary. It introduced several vendors who are willing to provide technology voucher quotations. In the end, it chose the most suitable and experienced website platform developer and established a uniform self-service design. On the platform, customers only need to log in to the website platform to set up their own manuscripts. Since the process is completely DIY by the customer, a lot of manpower for proofreading is reduced in disguise. After the customer pays the deposit online, the production department will automatically receive the order and During production, I experienced customer self-service and the fun of self-made process. This kind of specialized function is difficult to realize on the website platform. The technology voucher program can assist the heads of enterprises to practice some interesting and feasible ideas, and strengthen the foundation of Hong Kong’s creative industries.

 

System integration of online stores, POS and ERP

The sporting goods retail store initially opened a physical store and purchased a basic POS system on Taobao. Later, as the user’s habits changed, he DIYed an online store on the online store platform, mainly for business promotion and Online sales, both online and offline have their own operations. Initially, online sales are relatively simple. There are only two orders per day. When there is an order in the online store, the owner will be notified by email and then delivered. Generally speaking, there is no problem, but As the business of the online store is getting better and better, the store owner has begun to find some problems. First of all, both online and offline sales need to be manually moved back to the computer for central processing, and the inventory cannot be updated simultaneously, and the network is out of stock. The store is still selling. After consulting with a technology consultant, online shop integration of POS is a solution, but because the original POS system does not have an Application Programming Interface (API), the online shop platform is also a closed system and cannot be connected technically. Decided to rebuild an open website and purchase an API-enabled POS system. The technology voucher consultant also suggested adding a cloud ERP for inventory management. This solution can not only reduce manual errors and update inventory in real time, but also integrate online and offline customer groups. One-stop promotional offers for customers can also turn the store into a pick-up point, and customers have a deeper understanding of the brand.

 

The Technology Voucher Scheme subsidizes the website on the cloud

The information platform focuses on sharing local travel information. At the beginning, the most basic content management system (CMS) was used as the basis for web design. Gradually, the readership began to develop, and there was a certain amount of traffic in different countries and regions around the world. , And the original web page storage service does not have a flexible mechanism, and the web page often slows down during busy times. Technology voucher consultants have seen the case and put the system on the cloud Infrastructure-as-a-service (IAaS) is the funding scope of the technology voucher program. There are also many well-known providers in Hong Kong, such as Amazon Web Service (AWS) , Microsoft Azure, Google Cloud, etc., the final person in charge chose a fairly experienced cloud architect to help put the entire webpage system on the flexible cloud, and set up a suitable CDN (Content Delivery Network, content distribution network). When the traffic increases suddenly, the system will automatically increase the computing power, so that the resources are used more appropriately.

 

Know more about technology voucher application

In the Internet age, the website is an important asset of the company, and technology coupons help companies upgrade their website systems and enhance their overall competitiveness. To know more about technology voucher, regardless of application qualifications, approval criteria, project requirements and application process, you can see it on the TVP-hk technology voucher consultant website. We also welcome companies interested in applying for technology voucher to contact us. (+852 9867 6897)