Trade and Industrial Organisation Support Fund

This fund is a financial support program designed to enhance the competitiveness of non-listed Hong Kong enterprises. It is a merger of the previous SME Development Fund (SDF) and the Organisation Support Programme (OSP) under the Dedicated Fund on Branding, Upgrading and Domestic Sales (BUD Fund).

Key details of the TSF include:

Objectives:

• To provide financial support to non-profit-distributing organisations.
• To implement projects that enhance the competitiveness of non-listed Hong Kong enterprises either generally or within specific sectors.

Target Beneficiaries:

• Non-profit-distributing organisations that work to support Hong Kong enterprises.
• The focus is on non-listed enterprises in Hong Kong, aiming to boost their competitiveness.

Application Process:

• Applicants must submit proposals for projects that align with the fund’s objectives.
• Important notes and guidelines for applicants are provided to ensure compliance and clarity in the application process.

Key Features:

• The fund supports projects that promote enterprise competitiveness.
• It is a consolidation of two previous funds (SME Development Fund and Organisation Support Programme under BUD Fund), streamlining support efforts.
• Emphasis on non-listed enterprises, which are a significant part of Hong Kong’s business landscape.

This fund plays a crucial role in supporting the growth and development of Hong Kong’s enterprises by enabling organisations to implement impactful projects that drive competitiveness and sectoral advancement. For detailed application guidelines and important notes, applicants are advised to refer to the official TSF website.