What You Need To Know About D-Biz Programme
The Hong Kong Government has launched a funding programme - Distance Business (D- Biz) Programme to support businesses affected by the Covid-19 and the application starts today!
Many employees were advised to Work from home (WFH) during the epidemic. The Programme aims to help businesses adopt IT solutions and developing online platforms in order to continue operation while employees are WFH and enhance online presence at this difficult time.
The Programme covers 12 categories and they are listed HERE
All private companies (excluding publicly listed companies, statutory bodies and non-government organisations funded by the Government) with a valid BR, ongoing business commenced before 1 Jan 2020 are eligible to apply. Application is open from 18 May to 31 October 2020.
It is not clear if the application is determined on a first come, first served basis. However, with HK$500m available and thousands of companies desperate to get up to HK$300,000 funding per enterprise. It is advised to start the application sooner than later.
Bear in mind that although the HKSAR government is 100% subsidising the fees for the approved IT solutions / projects, the subsidy will come in two instalments. 30% of the approved fee when the IT solutions / projects are approved, 70% after the projects are completed and audited by an auditor. Therefore, applicants should pay attention to the status of the projects and cashflow of the company to minimise potential losses.
Last but not least , Voltage has extensive experience in digital marketing and online advertising for the following platforms: Facebook, Instagram, Google Adwords. We will be more than happy to assist during the application process for online promotion and upon the completion of the projects. Furthermore, please visit our service list page and contact us to get a free consultation.