Enhancement measures of the BUD Fund
The following enhancement measures of the BUD Fund launched on 1 August 2018:
New “ASEAN Programme”
- Objective: Support enterprises to grasp the new opportunities of “ASEAN-HK Free Trade Agreement and develop the ASEAN markets
- Funding ceiling per project: $1 million
- Cumulative funding ceiling per enterprise: $1 million and 10 approved projects
Enhancements of existing “Mainland Programme”
- Increase the cumulative funding ceiling per enterprise: from $500,000 to $1 million
- Increase the funding ceiling per project: from $500,000 to $1 million
- Relax the current restriction on the maximum number of funded projects: from 3 to 10
Link Reference: https://www.bud.hkpc.org/banner/188