T-box Workshop on “Introduction of BUD Fund” (Webinar)

The Government extended the geographical coverage of the BUD Fund in August 2018 to also include the Association of Southeast Asian Nation ("ASEAN") markets. A further expansion of the geographical coverage was implemented in January 2020 to cover other economies with which Hong Kong had signed Free Trade Agreements (“FTAs”) to assist enterprises in taking the economic opportunities.

To support enterprises in exploring more diversified markets, the Government will launch a new round of enhancement measures by phases starting from July 2021, including extending the geographical coverage of the Fund to include all economies with which Hong Kong has signed Investment Promotion and Protection Agreements (“IPPAs“) and increasing the cumulative funding ceiling per enterprise to $6 million.

Besides, enterprises participating in virtual exhibitions organised by Government-related organisations or reputable exhibition organisers with good track records are eligible for funding support under the BUD Fund. At this workshop, representative from the BUD Fund Implementer will introduce the latest enhancement measures of BUD Fund and explain in detail the fund application instructions, as well as the introduction of online e-form.