SME Export Marketing Fund

Financial Assistance to SMEs for Participation in Export Promotion Activities

SME Export Marketing Fund

EMF provides funding support to enterprises for their participation in
promotion activities to promote their own products and/or services. The cumulative funding ceiling per enterprise under the SME Export Marketing Fund (EMF) has been increased from $0.8 million to $1 million.

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. Effective from 30 April 2021 until 30 June 2026, the funding scope of EMF is expanded to cover large-scale exhibitions staged targeting the local market and the eligibility criteria is relaxed to cover non-SMEs.

    Eligibility

    • Non-Listed Enterprise Registered in Hong Kong
    • Have substantive business operations in Hong Kong at the time of making the application
    • Cumulative amount of funding received must not exceed the prevailing cumulative funding ceiling of $1 million
    • Must not be a related company of the organiser/co-organiser/service provider of the promotion activity and the related services covered by the application

    For details, please refer to: https://www.smefund.tid.gov.hk/tc_chi/emf/emf_update.html

     

    FUNDING SCOPE

    Trade exhibitions held outside Hong Kong targeting markets outside Hong Kong
    Trade exhibitions held in Hong Kong targeting markets outside Hong Kong
    Trade exhibitions held in Hong Kong targeting the local market
    Online trade exhibitions
    Business missions outside Hong Kong
    Online business missions
    Advertisements on trade publications which mainly target markets outside Hong Kong
    Export promotion activities which are conducted through electronic platforms/media and which mainly target markets outside Hong Kong
    Setting up or enhancement of a corporate website/mobile application owned by the applicant enterprise for export promotion, which mainly targets markets outside Hong Kong
    Funding Ceiling per Application

    The maximum amount of funding support for each successful application is 50% of the total approved expenditure incurred by the applicant enterprise or HK$100,000, whichever is the less.

    Cumulative Funding Ceiling per Enterprise

    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 HK$1,000,000 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.

    Types of Application

    An enterprise may opt to apply for reimbursement of the expenditure items eligible for funding support under EMF after the completion of a promotion activity. An applicant enterprise may also opt to apply for initial payment of the estimated amount of the expenditure items eligible for EMF before the commencement of a promotion activity, to be followed by a corresponding application for final payment of the balance of the amount of the eligible expenditure items after the completion of the activity concerned.

    Application Period

    Enterprises should submit an application for funding support within 60 calendar days after the completion date of the exhibition or business mission, the issue date of the trade publication containing the advertisement, the completion date of the relevant promotion activity conducted through an electronic platform/media, or the completion date of the relevant project on setting up/enhancing the corporate website/mobile application owned by the applicant enterprise.

    Application Procedures

    Applications may be submitted through online e-Form, by post, via drop-in box or in person to TID’s “SME Export Marketing Fund Branch” according to the application period specified under each type of application. 

    SME Export Marketing Fund Inquiry

    Whether you have a huge budget or just limited resources, no matter what the criteria you have for your project, we are provide the best solution for your business needs.  We are happy to provide professional advice on your website development and help start off your business.  Give us a call or drop us a note.

     

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