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Startup, SME, and MNC funding in Hong Kong 2020

Startup, SME, MNC funding in Hong Kong
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written by Oscar Venhuis

Finding the right funding for your business can be confusing. To make it easier what is available in 2020 we’ve created a comprehensive list of funding and relief programmes for businesses in Hong Kong.

Most common funding programmes:

Technology R&D:

Social Enterprise Funding:

Other industries in Hong Kong

  • Food – Eligible holders of food licence are receiving a one-off grant of $80,000 or $200,000 each.
  • Construction – companies are receiving a one-off subsidy.
  • Retail – Qualified retail shops are receiving a one-off relief grant of $80,000.
  • Art – supports various arts organisations and freelance arts workers.
  • Tourism Industry – Subsidy to licensed travel agents ranging from $20,000 to $200,000, hotels will receive a subsidy of $300,000 or $400,000 and tour coach drivers a one-off subsidy of $10,000.
  • Passenger Transport – Reimburse 100% of the actual regular repair and maintenance costs and insurance premium for 6 months
  • Catering Sector – Subsidy ranging from $250,000 to $2.2 million
  • Aviation Industry – One-off subsidy of $1 million per large aircraft and $200,000 per small aircraft
  • Education sector – One-off relief grant of $80,000
  • Construction sector – One-off subsidy of $7,500 to each eligible construction worker; and $20,000 or $10,000
  • Sports – one-off grant of $7,500 to each registered instructor, coach, trainer and provider of interests classes for schools or organisations subvented by the Social Welfare Department.
  • Law – $50,000 to small law firms to upgrade information technology.
  • Finance – $50,000 to Type C Brokers.

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