The SME Export Marketing Fund from HKSAR!
Missed the best moment of D-biz programme? No worry, you still have the chance to expand your e-business though The SME Export Marketing Fund from HKSAR.
Overview and Objectives
The SME Export Marketing Fund (EMF) aims to encourage small and medium enterprises (SMEs) to expand their markets outside Hong Kong by providing financial assistance to SMEs for participation in export promotion activities.
With effect from 20 January 2020, the cumulative funding ceiling per enterprise under EMF has been increased from $400,000 to $800,000 and enterprises may apply for initial payment for their planned export promotion activities. The enhancements will apply to applications received on and after 20 January 2020.
For each IT solution and the relevant training expenses for the employees, the funding ceiling is HK$100,000 (with funding for the relevant training expenses capped at 10 percent of the IT solution cost). Each enterprise may receive total funding of up to HK$300,000 to undertake a project to be completed within six months.Funding Ceiling
Each application should cover expenditure related to one export promotion activity only. The maximum amount of funding support for each successful application is 50% of the total approved expenditure incurred by the applicant enterprise or $100,000, whichever is the less.
There is no limit on the number of applications by an enterprise for funding support under EMF. However, each enterprise may receive funding support under EMF up to a cumulative limit of $800,000 and a maximum of 50% of the cumulative limit may be used for applications relating to setting up/enhancing the corporate website/mobile application of the applicant enterprise.
Expenditure items eligiable for EMF:
1. Advertisements on printed trade publications
Fee for placing advertisement on trade publications which mainly target at markets outside Hong Kong.2. Export promotion activities conducted through electronic platforms/media
Fee for placing advertisement and keyword searching on electronic platforms/media. Sales set-up for enhancing and promoting online shop on electronic platforms/media. Expenses related to the operation and sales.Fee charged by the organiser for participating as an exhibitor in a virtual exhibition.3. Setting up/enhancing the corporate website/mobile application of the applicant enterprise
Non-recurrent fee for setting up/enhancing the corporate website/mobile application of the applicant enterprise. Expenses related to the operation and sales.