BUD Easy

BUD Easy Application is a pilot scheme launched by the Hong Kong Productivity Council on 16 June 2023, specially designed for the BUD Fund, which supports businesses in branding, upgrading, and expanding into the mainland market. BUD Easy Application aims to simplify the application process and reduce the hassle for companies. Compared to the normal BUD application, the document requirements are less, and the approval process can be completed in around 30 working days.

Latest Updates

This is the latest scheme information, effective14 March 2025.

The following BUD-related information is sourced fromHong Kong GovernmentandOfficial Documents.

Funding Ratio Adjustment

The approved funding ratio between the Government and enterprises has been revised from1:1to1:3. This revised ratio also applies to audit fees.

Reduction in Initial Disbursement

The first payment of the approved funding has been reduced from75%to20%.

Reduction in Funding Cap per Project

The project under BUD and E-commerce Easy schemeshave been adjusted fromHK$1,000,000toHK$800,000.The total government-approved funding that an enterprise may hold at any time must not exceedHK$800,000.

Latest Updates

This is the latest scheme information, effective from 14 March 2025.

The information above regarding BUD is based on Hong Kong Government press releases and official publications.

01

Funding Ratio Adjustment

The approved funding ratio between the Government and enterprises has been revised from1:1to1:3. This revised ratio also applies to audit fees.

02

Reduction in Initial Disbursement

The first payment of the approved funding has been reduced from75%to20%.

03

Reduction in Funding Cap per Project

The project under BUD and E-commerce Easy schemeshave been adjusted fromHK$1,000,000toHK$800,000.The total government-approved funding that an enterprise may hold at any time must not exceedHK$800,000.

01 資助地域範圍

BUD Easy Fund can be used for a wide range of purposes.For Marketing,it covers online and offline advertising as well as participation in international exhibitions.For Tech,it can be used to develop or optimize company websites and mobile apps to enhance business digital capabilities.

 

In addition, BUD Easy funding can be used forproduct testing and certificationto improve product quality and competitiveness. Business can also utilize BUD Easy funds fordesign and production of promotional materialsto strengthen brand image, as well asto apply for patents, trademarks, industrial designs, utility model patents, and copyrightsto safeguard intellectual property rights and consolidate their market position.

The BUD Easy Application funding ratio is 1:3, with a maximum grant ofHK$100,000per project. Each enterprise may apply for up to 70 approved projects, with a maximum cumulative funding ofHK$7 million.

Note: If your application involves a 'Category (ii) project,' you may need to upload extra supporting documents when required.

** Actual documents required will depend on the nature of your project and assessment requirements.

1.

Submit Online Application

請先登錄Go to the BUD Fund application website.Log in and fill in the application form. Then upload all the documents you need to provide.

2.

Await Review

The implementing agency will process the application, verify that all submitted information is complete, and confirm its accuracy.

3.

Submit Additional Information

If they need more information or have questions, you must send the extra documents within 14 days of receiving their notice.Failure to do so will result in the application being considered withdrawn.

4.

Receive Approval Outcome

You will be notified of your application result. If successful, you will receive an approval notice.Please follow up on the next steps as soon as possible to ensure the project proceeds without delay.

5.

Project Implementation and Progress Reports

After approval, your funded project must be completed within 12 months. You also need to regularly submit project progress and financial reports to the relevant department to track your project.

6.

Receive Funding

Once all reports and documents have been verified, the grant will be disbursed in accordance with the scheme's requirements and actual circumstances.

BUD - General Application

BUD Easy

Requirements

01

內地計劃

香港企業若想在內地市場提升競爭力或拓展業務,「BUD專項基金內地計劃」是一個理想的選擇。此計劃針對企業的不同需求,分為以下兩大類別申請項目:

02

自貿協定計劃

除了內地計劃外,針對自貿協定市場的「BUD申請易自貿協定計劃」,同樣分為兩大類申請項目:

03

Coverage Area

BUD Easy Fund can be used for a wide range of purposes.For Marketing,it covers online and offline advertising as well as participation in international exhibitions.For Tech,it can be used to develop or optimize company websites and mobile apps to enhance business digital capabilities.

 

In addition, BUD Easy funding can be used forproduct testing and certificationto improve product quality and competitiveness. Business can also utilize BUD Easy funds fordesign and production of promotional materialsto strengthen brand image, as well asto apply for patents, trademarks, industrial designs, utility model patents, and copyrightsto safeguard intellectual property rights and consolidate their market position.

04

Funding Amount

Easy BUD申請易資助比例為1:3,每個項目最高可申請HK$100,000per project. Each enterprise may apply for up to 70 approved projects, with a maximum cumulative funding ofHK$7 million.

05

Application Documents

*注意:若申請涉及「第(ii)類申請項目」,可能需要上傳額外的證明文件。

06

Application Process

1.

Submit Online Application

請先登錄Go to the BUD Fund application website.Log in and fill in the application form. Then upload all the documents you need to provide.

2.

Await Review

執行機構會在30個工作日內審核企業提交的資料是否齊全,並確認其準確性。

3.

Submit Additional Information

若審核過程中需要更多資料或澄清,申請企業需在14日內提交相關補充資料,否則申請將被視為撤回。

4.

Receive Approval Outcome

一旦收到審批結果,請即時辦理簽約手續,以確保項目進行不受影響。

5.

Project Implementation and Progress Reports

After approval, your funded project must be completed within 12 months. You also need to regularly submit project progress and financial reports to the relevant department to track your project.

6.

Receive Funding

經過審核確認報告無誤後,資助款項通常會在60至90天內發放。

07

Comparison

BUD - General Application

BUD Easy

01

Coverage Area

BUD Easy Fund can be used for a wide range of purposes.For Marketing,it covers online and offline advertising as well as participation in international exhibitions.For Tech,it can be used to develop or optimize company websites and mobile apps to enhance business digital capabilities.

 

In addition, BUD Easy funding can be used forproduct testing and certificationto improve product quality and competitiveness. Business can also utilize BUD Easy funds fordesign and production of promotional materialsto strengthen brand image, as well asto apply for patents, trademarks, industrial designs, utility model patents, and copyrightsto safeguard intellectual property rights and consolidate their market position.

02

Funding Amount

The BUD Easy Application funding ratio is 1:3, with a maximum grant ofHK$100,000per project. Each enterprise may apply for up to 70 approved projects, with a maximum cumulative funding ofHK$7 million.

03

Application Documents

Note: If your application involves a 'Category (ii) project,' you may need to upload extra supporting documents when required.

** Actual documents required will depend on the nature of your project and assessment requirements.

04

Application Process

1.

Submit Online Application

請先登錄Go to the BUD Fund application website.Log in and fill in the application form. Then upload all the documents you need to provide.

2.

Await Review

The implementing agency will process the application, verify that all submitted information is complete, and confirm its accuracy.

3.

Submit Additional Information

If they need more information or have questions, you must send the extra documents within 14 days of receiving their notice.Failure to do so will result in the application being considered withdrawn.

4.

Receive Approval Outcome

You will be notified of your application result. If successful, you will receive an approval notice.Please follow up on the next steps as soon as possible to ensure the project proceeds without delay.

5.

Project Implementation and Progress Reports

After approval, your funded project must be completed within 12 months. You also need to regularly submit project progress and financial reports to the relevant department to track your project.

6.

Receive Funding

Once all reports and documents have been verified, the grant will be disbursed in accordance with the scheme's requirements and actual circumstances.

05

Comparison

BUD - General Application

BUD Easy

BUD Frequently Asked Questions (FAQs)

View all FAQs related to this service

Which enterprises are eligible to apply for the BUD Fund?

Applicant companies must meet the following criteria:

  • Registration: The company must be registered in Hong Kong under the Business Registration Ordinance and hold a valid Business Registration Certificate.
  • Business Operations: The company must have substantive business operations in Hong Kong and must not be a listed company.

A Hong Kong subsidiary can apply for the BUD Fund as long as it is not listed, has a valid Business Registration in Hong Kong, and operates a substantive business in Hong Kong. The parent company being listed does not affect eligibility.

The BUD Fund is not designed as a start up fund. While the official guidelines do not prohibit newly established companies from applying, applicants must demonstrate ongoing business operations, such as turnover and project scale. For new companies, approval will depend on whether the proposed project is reasonable and aligned with the company’s existing business foundation. OneSEC therefore recommends that companies establish a basic operational foundation before applying for BUD funding.

A company may apply for funding for a new project. However, it must clearly declare in the application form the progress of any existing funded projects and any other applications currently under review. Please note that the performance and implementation status of existing projects may affect the approval of the new application.

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