Dedicated Fund for Branding, Upgrading and Domestic Sales (BUD Fund)

Bygowin
known as the BUD Fund

Funding

  • Funding is matched, so the Government pays at most the approved project50% of the cost, and the enterprise must pay at least 50% of the approved project cost in cash
  • During the fund period, each enterprise may receive funding for at most the approved itemsThe caps are 70 approved projects and HK$7 million in cumulative funding

Eligibility

  1. Any non-listed enterprise registered in Hong Kong under the Business Registration Ordinance (Cap. 310) with real operations in Hong Kong may apply, whether it is in manufacturing or services, and whether or not it already operates in the Mainland or in an FTA or investment-agreement economy.
  1. Any project that helps a Hong Kong enterprise build its brand, upgrade and transform, and/or expand into the Mainland or an FTA or investment-agreement economy may apply.

Application deadline

Open all year. Each funded project under the general trackmust be completed within24months ., and each funded BUD Easy Application project must be finished within 12 months