Tech voucher scheme enhanced

April 1, 2020

The Innovation & Technology Commission today launched enhancement measures for the Technology Voucher Programme.


The commission said the move is to further assist enterprises and organisations in making use of technology to improve their business operations and enhance their competitiveness.


Starting from today, the Government’s funding ratio for each project under the programme will be raised from two-thirds to three-quarters.


The funding ceiling per applicant will be increased from $400,000 to $600,000 and the maximum number of approved projects will also be increased from four to six.


Under the Innovation & Technology Fund, the programme aims to subsidise local enterprises and organisations to use technological services and solutions to improve productivity, or upgrade or transform their business processes.


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