TVP Funding Audit

TVP科技卷專業顧問 Technology Voucher Programme (TVP) Technology Voucher Programme (TVP) Committee Technology Voucher Programme / 科技券 科技券- 創新及科技基金 科技券申請表格 科技券常見問題 TVP科技券計劃 政府基金審計專家 科技券審計 科技券無限公司 科技券報價 科技券成功例子 科技券顧問 科技券顧問收費 科技券懶人包 科技券資助計劃 科技券網店 一站式TVP科技券計劃申請服務
CLG GROUP

TVP Funding Audit

Technology Voucher Program (TVP) is launched in November 2016 aiming to support local enterprises/organizations in the application of technological services and solutions for improving productivity and upgrading the business process.

TVP科技卷專業顧問 Technology Voucher Programme (TVP) Technology Voucher Programme (TVP) Committee Technology Voucher Programme / 科技券 科技券- 創新及科技基金 科技券申請表格 科技券常見問題 TVP科技券計劃 政府基金審計專家 科技券審計 科技券無限公司 科技券報價 科技券成功例子 科技券顧問 科技券顧問收費 科技券懶人包 科技券資助計劃 科技券網店 一站式TVP科技券計劃申請服務
TVP Funding Audit

Funding amount

From 1st April 2020, TVP funding will provide 3/4 funding for enterprises/organizations. Each enterprise/organization can be approved up to 6 projects and receive a cumulative funding limit of HK$600,000.

    

TVP Funding Audit

Project implementation period

The application of TVP project must be launched after the funding is approved, and each TVP project should officially be completed within 12 months.

    

TVP科技卷專業顧問 Technology Voucher Programme (TVP) Technology Voucher Programme (TVP) Committee Technology Voucher Programme / 科技券 科技券- 創新及科技基金 科技券申請表格 科技券常見問題 TVP科技券計劃 政府基金審計專家 科技券審計 科技券無限公司 科技券報價 科技券成功例子 科技券顧問 科技券顧問收費 科技券懶人包 科技券資助計劃 科技券網店 一站式TVP科技券計劃申請服務
TVP Funding Audit

Funding Approval

The initial TVP funding is 25% of the approved TVP funding in maximum for the TVP project. Enterprises should apply in advance after signing the funding agreement.

After the TVP project is completed and the supporting documents are accepted, the company will receive the remaining funding amount.

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cumulative funding limit
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TVP科技卷專業顧問 Technology Voucher Programme (TVP) Technology Voucher Programme (TVP) Committee Technology Voucher Programme / 科技券 科技券- 創新及科技基金 科技券申請表格 科技券常見問題 TVP科技券計劃 政府基金審計專家 科技券審計 科技券無限公司 科技券報價 科技券成功例子 科技券顧問 科技券顧問收費 科技券懶人包 科技券資助計劃 科技券網店 一站式TVP科技券計劃申請服務
TVP Funding Audit

Project Audit

If the approved TVP funding amount exceeds HKD50,000, an audited income and expenditure statement covering the entire project through an independent auditor should be submitted to Secretariat within 2 months after the completion of the project. Our firm/ CLG CPA Limited is one of the selected audit service providers for approved technology voucher applications. Please check for details at Audit Service Providers Selected for Approved Applications under the Technology Voucher Programme (TVP)

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TVP HK - Technology Voucher Program (TVP) Hong Kong

FAQs

Technology Voucher Program(TVP) is provided by The Innovation and Technology Fund (ITF). TVP aims to support local enterprises/organizations using technological services and solutions to improve productivity or upgrade or transform their business processes.

Your other company can also apply for Technology Vouchers Program (TVP). From August 14th, 2020, Applicants for Technology Voucher Program (TVP) should also note that different legal entities that are owned by the same person 30% or above are no longer regarded as the same institution to calculate Technology Voucher Program (TVP) ) Cumulative total funding.

If the approved funding amount of the Technology Voucher (TVP) exceeds HK$50,000, the company must submit an audited project income and expenditure statement prepared by an independent auditor to the Innovation and Technology Commission.

To maintain a high level of integrity in the Technology Voucher Program (TVP) project, the Innovation and Technology Commission will conduct random checks on individual projects. Successful applicants for Technology Voucher Program (TVP) must keep a set of proper and independent accounting books and records for each project within seven years after the completion of the project, and provide relevant information, including Account books and records for verification at the request of the Innovation and Technology Commission or the representative of the government/government authorized agency

Companies and organizations that use “shelf companies” for business registration or whose primary business is mainly carried out outside Hong Kong will not be deemed to have substantive business operations in Hong Kong. Therefore, it is not eligible to apply for Technology Voucher Program Funding (TVP).

Recently, the government abolished the one-year operation requirement. So, in theory, it is possible. However, to prove that the company has an operating record, it is generally recommended to have at least three months of regular business operation before applying.

For the same project, a company cannot apply for different public funding programs simultaneously unless it is proved that the company has withdrawn from one of the public funding programs. After that, however, the company can apply for different programs for different projects. If the application for another program fails, the Technology Voucher Program (TVP) application can still be accepted.

As long as the company can prove that the relevant equipment is critical and can increase production capacity or transformation, the company can obtain the funding with sufficient justifications. It is noted that only the Innovation and Technology Commission has the final approval power. For example, guests who open a restaurant need to add POS and other systems. Technology coupons include catering POS software, queuing systems, and food ordering machines.

After receiving the application form, the Innovation and Technology Commission will check the qualifications of the applicant company and make a preliminary assessment. Then, the Technology Voucher Program Committee will consider eligible applications. The evaluation criteria include: whether the proposed project is related to the business of the applicant company, whether the budget is reasonable, whether the implementation details are reasonable, and whether the relevant consultant or service provider has a bad record.