“Dedicated Fund on Branding, Upgrading and Domestics Sales” (the BUD Fund)
To help SMEs, including start-ups, grasp economic opportunities and boost their competitiveness, the 2018-19 Budget proposed to extend the geographical scope of the BUD Fund to include the Association of Southeast Asian Nations (ASEAN) markets by launching the “ASEAN Programme”, and to increase the cumulative funding ceiling per enterprise for projects involving the Mainland China Market (the “Mainland Programme”). The 2019-20 Budget proposed to further extend the scope of the Fund to include all economics with which Hong Kong had sign the Free Trade Agreements (FTAs), to launch the “FTA Programme” (submuming thereunder the ASEAN Programme. Enabling enterprises to explore the new markets and new business opportunities.
- Funding Amount
- Funded Projects