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