Technology Voucher Program (TVP)

What is Technology Voucher Programme?

The Technology Voucher Programme (TVP) of the Hong Kong government is a funding scheme designed to encourage small and medium enterprises (SMEs) to utilize technological services and solutions to enhance productivity or upgrade and transform their business processes. Currently, each company/organization can obtain a maximum cumulative funding limit of HKD 600,000, with the subsidy amount not exceeding 75% of the project cost and can apply for up to 6 projects. TVP provides a great opportunity for SMEs in Hong Kong to optimize their operations through tech-driven solutions, adapt to rapid market changes, and enhance competitiveness.

Eligibility for Technology Voucher

In February 2019, the Technology Voucher Program relaxed the application qualifications to include charities and non-profit organizations.

Enterprises and institutions (except listed companies) that meet the following conditions can apply:

	(a)(i)	registered in Hong Kong under the Business Registration Ordinance (Chapter 310); or
	(a)(ii)	A company incorporated in Hong Kong under the Company Ordinance (Chapter 622)incorporated in Hong Kong; or
	(a)(iii)	According to relevant regulations established in Hong Kong a statutory body; and
	(b)	is not a government-funded agency* or an affiliate of any government-funded agency*; And
	(c )	has substantial business operations in Hong Kong when the application is submitted, and the business must be related to the application project.

Types of projects can be funded

Enterprise Resource Planning Solutions (ERP)

Big data and cloud analysis solutions
(Cloud Big Data Analysis)

Electronic Inventory Management System (Inventory Management System)

Webpages/Online Shops/ Apps

Customer Management System (CRM)

Learning Management System

Documents required to apply for technology voucher

Certified copy of the annual return (Form NAR1)
Business Registration
Copy of supporting documents of actual business operation
Certified copy of the quotation to be selected
A copy of the valid ID of the person signing the application form
The integrity clause and non-collusion clause in the quotation invitation letter/tender invitation letter
The completed technology voucher application form

Application Process

Stage 1: Required Documents Preparation and Application Submission
Stage 2: Assessment of Application
Stage 3: Notification of Results
Stage 4: Project Implementation
Stage 5: Disbursement of Funding

Let us help you apply for TVP!

We are here to understand your needs, identify the best technologies for your business, and guide you in successfully applying for the Technology Voucher Program (TVP). Feel free to contact us for more information about TVP and how we can assist you.