Easy BUD

 

The fastest and most professional BUD fund application service in Hong Kong. Applications are processed within 30 working days.

About Easy BUD

To expedite the processing of applications,so as to enable more SMEs to make use of the funding to develop their business,the Government launched ‘Easy BUD’ under the Dedicated Fund on Branding,Upgrading and Domestic Sales(BUD Fund)on 16 June 2023.Under “Easy BUD”,the application form and the requirements for supporting documents have been simplified. The vetting arrangements have also been streamlined with the processing time of “Easy BUD”applications halved to within 30 working days*.

*The above information is for reference only while subject to change without further notice.Kindly refer to the latest official announcement for updated information.

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Partcipation in exhibitions and related expenses
Design and production of promotional materials
Patent/trademark registration
Testing and certification
Mobile application for promotional purpose
Development or enhancement of company website

Program Summary

Application qualifications, geographical scope of funding, maximum approved funding amount for each project, project start date, application period

eligibility

Non-listed enterprise registered under the Business Registration Ordinance (Chapter 310),With“Substantive Bussiness Operations”in Hong Kong.

Geographical Scope

Mainland and other economies with which Hong Kong has signed Free Trade Agreements and/ or Investment Promotion and Protection Agreements

Funding Ceiling Per Approved Project

Maximum funding amount is HK$100,000.Funding on50:50 matching basis

Project Commencement

The soonest the next day after the application submission

Project Duration

Maximum of 12 mouths

Application Period

Application is open all year round. Each enterprise can submit one application every six months.

Process and Documentation

Apply for EASY BUD process

Apply for EASY BUD process (Complete application processing within 30 working days)
  • BUD submit application
  • Approved
  • Start a BUD project
  • Complete the BUD project
  • Submit final report and audit report
  • Awarded
  • Required documents for EASY BUD

    Documents for EASY BUD
    1. Application form (Chinese or English version)
    2. Supporting documents for enterprise application:

  • Original application form authorized by the company
  • Copy of Business Registration Certificate
  • Copy of shareholder certificate (e.g. NAR1 form)
  • Proof of actual operation (e.g. MPF contribution record)
  • Proof of the relationship between the local business unit and the Hong Kong applicant company
  • Cooperative service process

    1.Create WHATSAPP group
    Sign contract and receive deposit
    Communicate and collect data
    Set Xiaohongshu brand name
    Publish the first post

    2.Marketing planning and funding application
    Mainland online marketing planning
    Writing BUD application

    3.Sponsorship Response
    Communicate back and forth with the government
    Change the proposal

    4.Government approves and issues grants
    Companies receive grants
    Pay to Marketing companies

    5.Execute marketing plan
    Marketing company executes marketing plan

    6.Submit the report
    Submit the domestic marketing report to the government funding agency
    satisfactory completion

    7.You can reapply next year
    Keep in touch

    EASY BUD Fund Application | EASY BUD

    The fastest and most professional BUD fund application service in Hong Kong. Complete the application process within 30 working days, and follow up the whole process for you to ensure that you meet the requirements. Please email or WhatsApp for details.