The SME Export Marketing Fund (EMF) aims to encourage small and medium enterprises (SMEs) to expand their markets outside Hong Kong by providing financial assistance to SMEs for participation in export promotion activities
ELIGIBILITY
A non-listed enterprise registered in Hong Kong , and have substantive business operations in Hong Kong at the time of making the application.
KEY FEATURES
There is no limit on the number of applications by an enterprise for funding support under EMF. However, each enterprise may receive funding support under EMF up to a cumulative limit of $800,000 and a maximum of 50% of the cumulative limit may be used for applications relating to setting up/enhancing the corporate website/mobile application owned by the applicant enterprise.
Each application should cover expenditure related to one promotion activity. The maximum amount of funding support for each successful application is 50% of the total approved expenditure incurred by the applicant enterprise or $100,000, whichever is the less. The amount of funding support for video/product shooting and editing services for each application will be no more than the total amount of government funding approved for all other eligible expenditure items under the same application, i.e. capped at 50% of the total approved government funding per application.
9 major funding areas
1. Exhibitions held outside Hong Kong targeting markets outside Hong Kong
2. An exhibition in Hong Kong targeting markets outside Hong Kong
3. An exhibition in Hong Kong targeting the local market
4. online trade fair
5. Hong Kong Overseas Business and Trade Mission
6. Online business delegation
7. Advertising in trade publications targeting markets outside Hong Kong
8. Carry out export promotion activities mainly targeting markets outside Hong Kong through electronic platforms/media, such as placing advertisements, searching keywords, uploading product information, establishing, or optimizing online stores, etc.
9. Establish or optimize the company website/mobile application owned by the applicant company with markets outside Hong Kong as its main target for export promotion
ASSESSMENT
TID will complete the processing of a valid application, including an application for initial payment and the corresponding application for final payment, as well as an application for reimbursement, within 30 clear working days from the date of receipt of the duly completed application accompanied by all necessary documentation.