DMS Solutions (HK) Limited has assisted clients in accelerating their automation efforts through the Technology Voucher Programme (TVP)
In today’s fast-paced business environment, automation and the adoption of new technologies are essential for enhancing productivity and maintaining a competitive edge. However, many businesses face budget constraints that hinder their ability to invest in these crucial upgrades. For local enterprises in Hong Kong seeking financial support to embrace automation, the Technology Voucher Programme (TVP) presents a valuable opportunity.
Success Stories with DMS Solutions (Hong Kong) Ltd
DMS Solutions (HK) Limited has helped clients in Hong Kong transform their businesses through the support of the TVP. By leveraging the funding available under this programme, already some clients have successfully implemented automation solutions that have significantly improved their operational efficiency. The technology and solutions we develop in close collaboration with our clients have enabled a shift from manual operations to fully automated processes. This transformation not only streamlines workflows but also optimizes resource management, resulting in improved operational management and a notable increase in overall productivity.
What is the Technology Voucher Programme (TVP)?
Launched in November 2016, the TVP aims to assist local enterprises and organizations in utilizing technological services and solutions to improve their productivity and transform their business processes. By providing financial support, the TVP enables businesses to implement automation solutions that can significantly streamline operations and reduce costs.
Who is Eligible?
To qualify for funding under the TVP, local entities must meet specific requirements:
Registration: Applicants must be registered in Hong Kong under the Business Registration Ordinance (Cap. 310), incorporated under the Companies Ordinance (Cap. 622), or established as statutory bodies by relevant ordinances.
Business Status: The entity must not be a listed company in Hong Kong, nor a government-subsidized organization or subsidiary.
Operational Relevance: There must be substantive business operations in Hong Kong that relate to the project for which funding is being applied.
This eligibility framework ensures that the support is directed towards businesses that can genuinely benefit from technological advancements.
Key Features of the TVP
The Technology Voucher Programme offers several advantageous features for eligible applicants:
Funding Structure: The programme operates on a matching basis, where the government provides funding at a ratio of 3:1 for every dollar contributed by the enterprise or organization.
Funding Ceiling: Each enterprise can receive up to HK$600,000 in cumulative funding, making it a significant resource for businesses looking to invest in technology.
Project Limitations: Organizations may submit applications for up to six projects, allowing them to tackle various technological upgrades within their operations.
Application Process
The TVP invites applications year-round, making it convenient for businesses to seek assistance when needed. To apply, entities must register as users and submit their applications through the Technology Voucher Programme Funding Administrative System. More Infromation about «Technology Voucher Programme (TVP)»
Conclusion
If your business is in need of transformation through the acceleration of technology adoption, DMS Solutions (Hong Kong) Limited is here to help. We invite you to reach out to us to discuss how we can assist you in transforming your operations via modern technology. Our team has experienced in the Technology Voucher Programme (TVP) and will share our knowledhe on how to facilitate your technological advancements, ensuring that you maximize the benefits of available funding. Let's explore tailored solutions that align with your business objectives and drive meaningful change together.