Technology Voucher (TVP): Enhance Productivity, Drive Success

Learn how to get HKD600,000 technology upgrade funding for your business

What is TVP (Technology Voucher Program)?

The Technology Voucher Program (TVP) was launched by the Hong Kong Government's Innovation and Technology Fund in November 2016 as a way for you to increase productivity and upgrade business processes. TVP aims to support Hong Kong small and medium-sized enterprises to use technology to enhance their competitive advantages.

Eligibility to apply for the Technology Voucher Program

Since February 2019, the Technology Voucher Scheme has expanded its eligibility criteria 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 Companies Ordinance (Cap. 622); or
(a)(iii) A statutory body established in Hong Kong under the relevant Ordinance; and
(b) is not a government-funded institution* or a subsidiary of any government-funded institution*; and
(c) Have substantial business operations in Hong Kong when submitting the application, and the business must be related to the application project.

Technology Voucher Program Amount

The Technology Voucher Program offers a maximum subsidy of HK$600,000 to each eligible applicant in a 3(Government):1(enterprise) matching mode. Applicants are required to invest in cash at least 25% of the total project cost. The technology voucher provides funding reimbursement for up to 75% of the actual project cost. Each eligible applicant can be approved for up to six projects, with a cumulative funding limit of HK$600,000. To ensure focused implementation, applicants should not undertake multiple technology voucher projects simultaneously. Expenses covered by approved technology voucher projects cannot receive funding from other local public funding sources.

Types of Technology Voucher Funding Schemes

The Innovation and Technology Commission has identified various types of projects eligible for technology voucher funding. These include traditional projects such as webpages/online shops, apps, enterprise resource planning solutions (ERP), big data and cloud analysis solutions (Cloud Big Data Analysis), electronic inventory management systems, customer management systems (CRM), logistics management systems, ticketing systems, learning management systems, and more.

Documents Required for Technology Voucher Application

● Certified copy of annual return (Form NAR1)

● Business registration

● Documentation proving actual business operations

● Certified copy of selected quotation

● A copy of the valid ID of the person who signed the application form

● Integrity clauses and non-collusion clauses in quotation invitations/tender invitations

● Complete the technology voucher application form

How to Apply for a Technology Voucher Program?

Contact A&E consultants, a professional technology voucher consulting company, to apply for the technology voucher. Our experienced team specializes in various fields such as law, accounting, information technology, e-commerce, and marketing. We provide preliminary consultation, specific recommendations, and expert guidance to streamline your application process. With the assistance of our professional technology voucher funding consultants, you can secure funding faster and maximize your chances of success.

TVP(Technology Voucher Program) Application Schedule

Submit application: 1-2 months
Application review: 3-4 months
Approved project: 5 months
Project execution: 6-7 months
Final report: 8-9 months
Expense reimbursement process: 10-11 months

Scroll to Top