BUD Fund
The BUD Fund supports eligible non-listed Hong Kong businesses developing brands, upgrading operations or promoting sales in approved markets outside Hong Kong. General applications can cover a broader project scope. The Government funds up to 25% of approved costs, with a ceiling of HK$800,000 per General project and HK$7 million cumulatively per enterprise across BUD tracks. Every proposal must show how the work develops an eligible market.
Easy BUD
Easy BUD is the simplified BUD application route for specified measures, including advertising and exhibitions, intellectual-property registration, testing and certification, promotional websites or apps, and online sales platforms. Every measure must directly develop business in an eligible target market and meet the current guide. It offers up to HK$150,000 per application on a 1:3 Government-to-enterprise matching basis. The applicant must implement the project itself within 12 months. Any grant is paid after completion and acceptance of the final report and audited accounts; the final amount depends on recognised expenditure.
How can project planning support a BUD application?
A useful BUD proposal connects a specific market objective to deliverables, supplier quotations, a realistic budget and proof of the applicant’s Hong Kong operations. Navy FAB can scope the digital work, while a funding partner can advise on application requirements. The applicant remains responsible for its submission, and approval is never guaranteed. Check the latest official guide before committing to project costs.
Projects
Innotier
Innotier originally started off from a B2B business as a garment factory in the U.K, mainly focusing on research and development.
Rooftop Republic
Rooftop Republic is an award-winning social enterprise committed to creating sustainable cities and communities powered by urban farming. Through their initiatives, they deliver high-quality farm and management services to clients and engage the community through events and workshops.
Navy FAB Team capitialize the know-how of e-commerce, upgrade and transform your digital branding, develop your global market entry strategy, lead your brand to the overseas.
Contact
Get in touch with our services team so that we can assess your business requirements and branding needs.
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Kowloon, Hong Kong
深圳市前海深港合作区南山街道
兴海大道3044号信利康大厦9C101
