Technology Voucher TVP
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The Technology Voucher TVP is coordinated by the Innovation and Technology Commission and encourages Hong Kong enterprises to use technology solutions to improve productivity or upgrade business processes in the form of grants.
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The upper limit of the subsidy amount is 600,000, which will be distributed in two phases. The first tranche of funding will be released after the applicant signs a Technology Voucher Funding Agreement with the Department. The remaining funds will be released after the project is completed and the relevant report is accepted by the Department.
Apply for TVP
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Provide business registration (BR) certificate
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NAR1 form from Companies Registry
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Provide evidence of substantive business operations
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Provide a copy of the signatory's identification on the application form
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Provide copies of quotes for expenditure items
Technology Voucher Program(TVP) Fund
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A maximum of six projects can be approved, with a maximum funding limit of HK$600,000.
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The plan will be based on a ratio of 4:3, that is, the project will cost 800,000 yuan, the applicant will invest 200,000 yuan in cash, and the government plan will support 600,000 yuan.
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The scheme is applicable to enterprises of all sizes (except listed enterprises) with substantial business operations in Hong Kong (no minimum period of one year is required)
-Companies incorporated in Hong Kong under the Business Registration Ordinance (Chapter 310) Registration of Companies Ordinance (Chapter 622) in Hong Kong-
A statutory body established in Hong Kong under the relevant Ordinance
✔ Not a government-funded institution or an affiliate of any government-funded institution
✔ Have substantial business operations in Hong Kong when submitting the application, and the business must be related to the application project
Simply put, as long as they are unlisted companies (including limited companies and unlimited companies), institutions that do not receive government funding and guarantee company organizations, they are eligible to apply.
Enterprise Resource Planning System, ERP
A one stop shop for a large amount of locked and broken data and deal with it systematically. E.g:
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Data management
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Production management
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Shipping and receiving management
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Personnel salary
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Financial Accounting
POS System (Point of Sale Management System)
Catering Services – Start with a POS System (Point of Sale Management System)
✔ When guests are ready to order food, they can directly enter it on the phone or on a small device, eliminating the traditional step of writing on paper, reducing manpower expenses, and finally settling automatically, reducing the chance of errors, and also recording the guest's past history. Spend, provide points and rewards, increase the chance of repeat consumption by guests, and enhance guest loyalty.
Customer Relation Management system, CRM
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The CRM system can integrate various customer-related information in one stop: sales, marketing, customer service and e-commerce, and automate processes. This best CRM system today can fully support sales forecasting, customer analysis, loyalty management, community interaction and project collaboration, all without any disadvantages.
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Contact management: combine names, contact information, social accounts and customer preferences
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Information such as contact details is securely stored in a central database, allowing the entire team to access it instantly around the clock.
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Interaction Management: Track all customer interactions, including emails, phone conversations, social platforms and chat sessions, to gain a complete understanding of customer needs and deliver a consistent experience across channels.
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Potential business opportunity management: Identify, evaluate and track potential business opportunities at all stages to convert more potential customers into buyers. Enterprises can integrate lead generation, sales stage management and lead nurturing activities through CRM.
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Workflow automation: Automate repetitive manual tasks such as contact record data entry, leveraging the power of built-in AI and machine learning to deliver chatbot-based interactions in social media and messaging apps.
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Customer analysis: Built-in multiple CRM reports and interactive dashboards to present the right insights at the right time. Anticipate customer needs and take action when appropriate.
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CRM integration: Integrate your CRM system with your business's website, email and calendaring platform, accounting and billing software, customer surveys, document management, and electronic signatures to get everything done from a single location.
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Secure mobile CRM: Access all CRM features anytime, anywhere, on any device. Additionally, cloud CRM systems should help businesses streamline security, data privacy and GDPR compliance requirements.
