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RIC Hong Kong Blog

Essential Updates on the Latest HK Government Grants and Industry Trends

Exploring Alternative Funding Options After the TVP Grant's Closure

2/5/2025

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With the recent and abrupt cessation of Hong Kong’s Technology Voucher Programme (TVP) on December 31, 2024, many businesses are seeking alternative funding options to drive technological and operational improvements. Historically, the TVP grant played a crucial role in helping small and medium enterprises (SMEs) adopt technology solutions to enhance productivity and competitiveness. While its closure marks the end of an era, there are several other funding schemes available that can fill this gap. Here are some notable alternatives which are still actively administered (as of Jan 2025):

For Software Adoption To Improve Operational Processes:

1.    Digital Transformation Support Pilot Programme (DTSPP)

The Digital Transformation Support Pilot Programme (DTSPP) is designed to help SMEs in the retail, food and beverage (F&B), tourism, and personal service industry sectors adopt ready-to-use digital solutions. These solutions include digital payment systems, customer relationship management (CRM) tools, and online promotions plarforms.
Initially, the DTSPP primarily focused on supporting SMEs in the F&B sector. However, starting from the second half of 2024, the programme expanded its scope to include the retail, tourism, and personal service industries. This expansion reflects the government’s commitment to addressing the diverse needs of SMEs in Hong Kong and promoting technological adoption across various business sectors, and it will continuously expand to encompass more industries in the future.
Additionally, the DTSPP requires that solutions providers be pre-approved to ensure quality and reliability. This measure guarantees that businesses receive robust, industry-standard solutions tailored to their operational needs. Interested solution providers can enrol their solutions here: https://dtspp.cyberport.hk/solution-providers/.

Key Details:
  • Funding Percentage: Covers up to 50% of the project cost.
  • Cap Amount: Maximum funding of HK$50,000 per enterprise.
  • Coverable Scope: Digital payment systems & shopfront sales, CRM & loyalty tools, and online marketing solutions.
  • Eligibility Criteria: Hong Kong SMEs in the retail and F&B, Retail, Tourism and Personal Service industries registered in Hong Kong, with substantive operations in the region.
  • Official Grant Website: https://dtspp.cyberport.hk/

For Adopting Sales & Marketing Technology To Expand Into New Markets

2.    Dedicated Fund on Branding, Upgrading, and Domestic Sales (BUD Grant)

The BUD Grant has established itself as a cornerstone of support for enterprises aiming to enhance their market presence, elevate operations, and expand their reach into external markets. With its focus on fostering growth through strategic initiatives, this funding is particularly advantageous for businesses looking to develop or enhance digital platforms tailored to securing sales in overseas markets.

One of the most relevant uses of the BUD Grant is in developing websites, mobile applications, or customized online sales platforms designed explicitly to drive revenue generation in foreign markets. These digital solutions must directly contribute to sales, such as enabling seamless e-commerce functionality, integrating localized payment gateways, or offering region-specific promotional tools. Unlike systems intended for internal or operational purposes, the grant strictly supports platforms that enhance a business's ability to generate sales and engage customers in new markets.

Key Details:

  • Funding Percentage: Covers up to 50% of the project cost.
  • Cap Amount: HK$7 million per enterprise
  • Coverable Scope: Overseas Company Set Up, Hiring, Market Promotion, Website and Mobile app development for overseas market promotion, and other overseas sales initiatives
  • Eligibility Criteria: Post Revenue SMEs registered in Hong Kong with substantive operations in the region.
  • Official Grant Website: https://www.bud.hkpc.org/index.php/en


3.    Easy BUD
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As an extension of the BUD Grant, Easy BUD is designed to streamline the application process for businesses seeking funding to support their digital growth and international expansion. This simplified funding option provides up to HK$1 million per enterprise to help businesses develop digital marketing strategies and create websites or mobile applications tailored specifically for cross-border market promotion and sales.

Supporting Overseas Sales through Digital Innovation
The key focus of Easy BUD is to enable businesses to establish or enhance their digital platforms with a clear focus on generating sales in overseas markets. Funding can be utilized for the development of websites and mobile apps that offer region-specific e-commerce functionalities, and other digital features designed to drive customer engagement and boost conversions in foreign markets.

Projects must be oriented towards achieving tangible sales outcomes, such as developing an online sales platform with local payment systems, creating a mobile app that targets international consumers with personalized shopping experiences, or launching digital marketing campaigns aimed at increasing market penetration and revenue generation abroad.

Key Details:
  • Funding Percentage: Covers up to 50% of the project cost.
  • Cap Amount: HK$1 million per enterprise.
  • Coverable Scope: Digital marketing, website and mobile app creation for overseas market promotion, and other cross-border sales initiatives.
  • Eligibility Criteria: Post Revenue SMEs registered in Hong Kong with substantive operations.
 

4.    E-commerce Easy BUD 

The E-commerce Easy BUD grant is a specialized version of Easy BUD, tailored to businesses aiming to build and enhance their e-commerce operations in cross-border markets, with a particular focus on the China market. This grant simplifies the application process while providing targeted support for projects that improve online sales channels, digital marketing, and platform integrations specifically for China’s unique e-commerce ecosystem.

Driving Sales Through China-Specific E-commerce Platforms

E-commerce Easy BUD empowers businesses to capitalize on China’s thriving digital economy by supporting the development of online sales platforms, websites, and mobile applications. The funding is designed to help enterprises integrate with and optimize their presence on major Chinese e-commerce and marketing platforms such as Xiaohongshu (Little Red Book), Douyin (TikTok China), Taobao, and other regionally dominant channels.

Key Details:
  • Funding Percentage: Covers up to 50% of the project cost.
  • Cap Amount: HK$1 million per enterprise
  • Coverable Scope: Online Sales Platform, Website, Mobile Application, digital advertising campaigns, and other cross-border e-commerce initiatives measures.
  • Eligibility Criteria: SMEs registered in Hong Kong with substantive operations. Projects should primarily target e-commerce development for Mainland China at the moment

5.    SME Export Marketing Fund (EMF)

The SME Export Marketing Fund (EMF) is a targeted grant designed to support businesses aiming to expand their reach into overseas markets. Beyond traditional export promotion activities such as trade fairs and international exhibitions, the EMF plays a pivotal role in enabling businesses to enhance their digital presence. This includes the development or improvement of corporate websites and mobile applications, specifically geared toward generating sales and promoting products or services in markets outside Hong Kong.

Key Details:
  • Funding Percentage: Covers up to 50% of eligible expenses.
  • Cap Amount: HK$100,000 per application, with a cumulative ceiling of HK$1,000,000 per enterprise.
  • Coverable Scope: Trade fairs, international exhibitions, advertising in overseas markets, enhancements to online marketing channels, and the development or improvement of corporate websites or mobile applications targeting global markets.
  • Eligibility Criteria: SMEs registered in Hong Kong with substantive operations
  • Official Grant Website: https://www.smefund.tid.gov.hk/english/emf/emf_update.html

Conclusion
While the closure of the TVP grant is a significant change, businesses in Hong Kong still have access to robust funding options that can support their growth and innovation. Whether you’re focused on digital transformation, market expansion, or e-commerce, these grants offer ample opportunities to enhance competitiveness and drive success.
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Hong Kong’s Cultural Renaissance: Opportunities for Growth in the Arts, Creative Industries, and Tourism

1/13/2025

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Hong Kong is embracing a new era in cultural and creative development, strategically positioning itself as a global center for arts, culture, and tourism. With the establishment of the Culture, Sports, and Tourism Bureau (CSTB), the city is setting the stage for an economic renaissance that celebrates its unique East-meets-West identity. From developing a vibrant arts scene to enhancing tourism through culture-rich experiences, Hong Kong’s cultural expansion offers unprecedented opportunities for businesses across sectors. Here’s what this renaissance could mean for your business and how you can engage with Hong Kong’s flourishing cultural economy.

As Hong Kong builds momentum in its cultural initiatives, the newly minted CSTB is taking an integrated approach to the city’s development in culture, arts, and tourism. At the heart of these efforts is a strategic blueprint for Hong Kong’s cultural and creative industries. Set for release later this year, this Blueprint for Arts, Culture, and Creative Industries Development will guide the growth of a dynamic creative sector that’s built on diversity, cultural exchange, and industry resilience. The blueprint focuses on promoting Hong Kong’s unique cultural identity, enhancing international arts exchange, and supporting a wide range of creative ventures—from traditional performing arts to cutting-edge digital media.

For businesses in fashion, multimedia, and design, the CSTB’s Create Smart Initiative offers funding and resources to transform creative concepts into scalable projects. This program encourages cross-sector collaboration and business model development, providing vital support for companies aiming to commercialize creative ideas. Moreover, the CSTB is amplifying the role of intellectual property (IP) in the creative economy through the Asia IP Exchange Portal. This platform is designed to facilitate IP transactions and partnerships, allowing businesses to protect, license, and expand their creative assets in a marketplace that supports cross-border exchange and growth.

One of the most ambitious components of Hong Kong’s cultural renaissance is the West Kowloon Cultural District (WKCD). Set against Hong Kong’s iconic skyline, WKCD is a landmark development that combines the arts, entertainment, and cultural tourism in a single destination. It offers over 20 world-class venues, including spaces for performing arts, exhibitions, and large-scale cultural events. For businesses in event management, hospitality, and tourism, WKCD presents a powerful platform to attract international audiences and showcase creative works. As a must-visit destination, WKCD is expected to drive cultural tourism by hosting international art fairs, exhibitions, and performances that highlight Hong Kong’s unique place in the global arts scene.

Hong Kong’s commitment to building a vibrant, globally recognized cultural hub is unlocking new business opportunities across the arts, creative industries, and tourism. For companies ready to tap into this cultural renaissance, the CSTB’s strategic vision offers both a foundation for growth and a gateway to international markets.
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Ready to explore how your business can thrive in Hong Kong’s growing cultural economy? RIC provides tailored consulting to help you navigate grants, secure partnerships, and maximize IP opportunities within the city’s evolving arts and creative landscape. Contact us today to start your journey in Hong Kong’s cultural renaissance.

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The Greater Bay Area: A New Frontier for Business Growth and Policy Alignment

12/30/2024

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Hong Kong’s role within the Greater Bay Area (GBA) is evolving into one of Asia’s most dynamic opportunities for economic growth and cross-border collaboration. This thriving economic zone, which links Hong Kong with Macau and nine Guangdong cities, is strategically designed to foster the seamless flow of talent, capital, and innovation. As part of China’s national development strategy, the GBA holds transformative potential for businesses looking to expand, innovate, and thrive in a rapidly integrated market. Here’s a closer look at how the GBA’s emerging policy landscape can benefit your business and help you reach new markets with ease.

The GBA’s vision is rooted in policy integration, where Hong Kong’s legal system, financial infrastructure, and global connectivity meet Mainland China’s extensive resources and manufacturing prowess. This alignment isn’t just about creating a cross-border hub—it’s about redefining the scale and reach of what businesses can achieve here.

Policies designed to create frictionless operations across the GBA include streamlined trade regulations, simplified professional qualifications, and enhanced connectivity in logistics and healthcare. The HKIA Dongguan Logistics Park, for instance, allows businesses to tap into a powerful logistics network that cuts costs and time for cross-border shipping, providing companies with both competitive pricing and unprecedented market access. Moreover, the GBA Clinical Trial Collaboration Platform has opened doors for biotech companies to conduct cross-border clinical trials, accelerating the development process for medical technologies.

Another area of innovation is data flow. Hong Kong’s unique “one country, two systems” framework enables it to serve as a gateway for data exchange across the GBA, which is crucial for businesses in sectors like finance, e-commerce, and logistics. Policies that support shared data systems and secure data flow allow for smoother, more efficient cross-border operations, positioning Hong Kong as a vital data hub within the region.

For companies in technology, healthcare, logistics, and finance, the GBA isn’t just a new market; it’s a fully integrated, cross-border environment built to reduce operational friction and maximize growth. With access to a population of over 70 million people and a rapidly growing middle class, businesses have a unique chance to scale their operations in a way that few regions globally can offer. This means more opportunities for collaboration, a larger talent pool, and extensive resources to support innovation across industries.

With its strategic infrastructure and streamlined policies, the Greater Bay Area offers an exceptional environment for Hong Kong-based businesses looking to expand, innovate, and reach new audiences. By aligning your strategy with the GBA’s resources and policy advantages, your company can leverage one of Asia’s most promising regions for sustainable growth and competitive advantage.

RIC can provide the insights and guidance you need to make the most of the GBA’s opportunities. From navigating new policies to strategizing cross-border growth, our expertise ensures your business is aligned for success in this vibrant and evolving region. Contact us today to explore how we can support your expansion in the Greater Bay Area.

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Unlocking Innovation: Grant Opportunities in the Hong Kong-Shenzhen I&T Park

11/15/2024

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Hong Kong is paving the way for tech-driven businesses with the new Hong Kong-Shenzhen Innovation and Technology (I&T) Park in the Greater Bay Area (GBA). As the region’s largest initiative focused on innovation, this development is designed to foster cross-border collaboration and groundbreaking tech projects. For businesses looking to expand or strengthen their R&D and technology capabilities, the I&T Park offers exciting funding opportunities and targeted support programs.

The Hong Kong-Shenzhen I&T Park isn’t just a site for new technology but a strategic environment where Hong Kong’s legal and financial systems meet Shenzhen’s manufacturing and R&D capabilities. This unique setup is set to attract businesses from around the world, especially those looking to break new ground in industries like life sciences, AI, and data science.

To support businesses in these high-impact fields, the government is offering grants that can reduce financial risk, cover the costs of R&D and pilot production, and help companies focus on innovation. The application process for these grants has been streamlined to ensure a smooth experience, so businesses can quickly gain access to funding and resources that fuel growth.

Beyond the practical support, this grant initiative emphasizes collaboration. By fostering joint ventures, knowledge exchange, and industry partnerships, the I&T Park will connect businesses with resources across Hong Kong and the GBA, positioning the region as an international hub for technological innovation.

For businesses invested in tech and R&D, the Hong Kong-Shenzhen I&T Park is an exceptional opportunity to access not only funding but a network designed to support breakthrough innovations. With the right guidance, these grants could be a springboard for your next big project.

​RIC can help you make the most of these grant opportunities, from navigating the application process to planning a sustainable growth strategy. Contact us today to explore how we can help your business succeed in Hong Kong’s fast-growing innovation landscape.


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Empowering Early Career Researchers in Hong Kong: A Path to Innovation

10/28/2024

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Early career researchers in Hong Kong can unlock funding opportunities that support groundbreaking research. One of the most significant opportunities available today is the Early Career Scheme (ECS), which has been designed to nurture the next generation of academics and innovators. In 2024/25, the Research Grants Council (RGC) has allocated over $140 million in funding for 209 projects, making this scheme an essential resource for junior researchers looking to advance their careers and contribute to global innovation.

If you are an academic or researcher eager to secure funding for your research projects, this is an excellent time to explore the resources available through the ECS.

What is the Early Career Scheme (ECS)?
The Early Career Scheme is a targeted funding program that supports junior academics and early-career researchers who have the potential to contribute groundbreaking research in various fields. Whether in engineering, business studies, life sciences, humanities, or physical sciences, the ECS is a vital source of financial support that helps early-stage researchers conduct impactful research and develop their academic careers.

The scheme is part of Hong Kong’s commitment to maintaining its position as a world leader in research and innovation. By offering significant financial backing, the ECS aims to promote cutting-edge research that addresses global challenges, fosters economic growth, and enhances the knowledge base in critical sectors.

Key Benefits of the Early Career Scheme
  1. Significant Funding Allocation: With $140 million allocated in the 2024/25 round, the ECS offers considerable financial resources to junior researchers across a wide range of disciplines. Each project is carefully assessed by the Research Grants Council (RGC) to ensure it meets the highest standards of innovation and research quality.
  2. Support for Early-Stage Researchers: This scheme is specifically designed to nurture early career researchers by providing them with the financial support they need to establish themselves in the academic community. It’s an excellent opportunity for young academics to develop their ideas, gain recognition, and build a solid foundation for a long-term research career.
  3. Wide Disciplinary Scope: The ECS funds projects in a wide range of disciplines, offering support to researchers from various academic backgrounds. Whether you are working on technological innovations, medical advancements, or new business strategies, this scheme can provide the backing you need to bring your ideas to fruition.
  4. Career Advancement: Being awarded a grant under the ECS not only provides financial support but also serves as a significant boost to your academic credentials. Securing this funding can open doors to future research opportunities, collaborations with top institutions, and further career advancement.

Eligibility Criteria
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To qualify for the Early Career Scheme, applicants must meet the following criteria:
  • Early Career Stage: The scheme is targeted at junior researchers who are within the first three years of their academic careers after earning their PhD or equivalent qualification.
  • Hong Kong Affiliation: Applicants must be affiliated with a university or research institution in Hong Kong.
  • Research Proposal: Applicants must submit a research proposal that aligns with the guidelines set by the RGC. Proposals should demonstrate innovation, feasibility, and potential societal or academic impact.

Why Apply for the Early Career Scheme in 2024/25?
The ECS is more than just a funding opportunity—it’s a platform for early career researchers to showcase their talent, creativity, and ability to address some of the most pressing challenges of our time. By securing a grant from the ECS, you can:
  • Pursue independent research: Gain the resources and autonomy to develop and conduct your research, contributing to your academic portfolio.
  • Build a research network: The ECS allows researchers to collaborate with local and international partners, expanding their academic networks and opportunities for future projects.
  • Strengthen your academic standing: Receiving ECS funding enhances your reputation as a leading researcher, increasing your chances of further grant success and career advancement.

About Real Inbound Consulting
At Real Inbound Consulting, we specialize in helping businesses secure funding through grants like the TVP, BUD, RTH, etc. Our services include application support, proposal development to highlight your project's innovation and impact, and document preparation and submission to meet all requirements. With personalized consulting tailored to each project, we help your application stand out. 

🔗 Learn more about the Early Career Scheme funding results here

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Hong Kong Innovation & Technology Funding on the Rise in 2024: Seize the Opportunity for Your Business

9/30/2024

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Hong Kong is stepping up its commitment to fostering innovation and technology through a range of government-backed grant schemes in 2024. For businesses looking to stay competitive and develop cutting-edge solutions, this is a pivotal moment to secure funding that supports research and development (R&D), product innovation, and technology advancements.

At Real Inbound Consulting, we specialize in helping businesses navigate the complex landscape of grant applications. Our team of expert consultants provides tailored strategies that increase your chances of securing the funding you need to drive innovation and scale your business. With new funding opportunities available in Hong Kong, now is the perfect time to explore the grants that can fuel your next breakthrough.

Why Hong Kong is Investing in Innovation and Technology
In recent years, Hong Kong has been positioning itself as a global leader in innovation and technology. The government has allocated substantial resources to support this goal, recognizing that emerging technologies such as artificial intelligence (AI), biotechnology, fintech, and sustainability solutions are key drivers of future economic growth. The renewed focus in 2024 is designed to help businesses not only develop new products but also expand into international markets, create sustainable jobs, and push the boundaries of technological advancement.
The Innovation and Technology Fund (ITF) is one of the primary avenues through which businesses can access funding for their R&D projects. Managed by the Innovation and Technology Commission (ITC), the ITF offers a variety of grant programs that cater to different business needs, whether you’re a startup developing a new product or an established company seeking to scale up operations through technology integration.

Key Grant Schemes Available for Innovation and Technology
The Innovation and Technology Fund (ITF) offers several grant schemes designed to support different stages of business growth and innovation. Some of the key grant schemes available in 2024 include:

1. Enterprise Support Scheme (ESS)
           • Purpose: To provide funding for R&D projects undertaken by individual enterprises.
           • Funding Details: The ESS offers up to 50% funding support for eligible projects, with no                     fixed cap on the grant amount. It is ideal for businesses looking to develop or improve                         products, services, or processes.
           • Eligibility: Companies registered in Hong Kong, regardless of size, are eligible to apply.

2. Research and Development Cash Rebate Scheme
           • Purpose: To encourage private enterprises to invest in R&D activities.
           • Funding Details: This scheme provides cash rebates of up to 40% on eligible R&D                                expenditures.  It’s a great way for businesses to reduce the financial burden of innovation.
           • Eligibility: All companies undertaking R&D projects in collaboration with local public                            research institutions or conducting R&D activities on their own.

3. Innovation and Technology Support Programme (ITSP)
           • Purpose: To support applied R&D projects that contribute to innovation in Hong Kong’s                        economy.
           • Funding Details: This program provides funding for larger-scale projects, including those in                collaboration with universities or research institutions.
           • Eligibility: Public research institutions, non-governmental organizations (NGOs), and                            private companies are eligible.

4. Technology Voucher Programme (TVP)
           • Purpose: To help local small and medium enterprises (SMEs) adopt technological services               and solutions to improve productivity and streamline operations.
           • Funding Details: The TVP provides up to 75% of the total project cost, capped at                                   HK$600,000.  It’s an excellent opportunity for businesses looking to integrate technology                    solutions.
           • Eligibility: Local SMEs registered and operating in Hong Kong.

5. Partnership Research Programme (PRP)
           • Purpose: To promote collaboration between private companies and local universities or                      research institutions.
           • Funding Details: This program funds collaborative R&D projects with no limit on the grant                  amount.
           • Eligibility: Companies looking to work closely with academic institutions on innovative                        projects.

These grant schemes offer unparalleled opportunities for businesses to access the resources needed to innovate, whether it’s through product development, technology adoption, or R&D expansion. Our team at Real Inbound Consulting is ready to guide you through the process, helping you understand which grants are most suitable for your project and how to apply successfully.

Why Apply for Innovation and Technology Grants in 2024?
Hong Kong’s focus on innovation and technology presents unique opportunities for businesses to grow and evolve. By securing funding through government-backed grants, you can:
  • Accelerate R&D efforts: Grant funding can reduce the financial strain of research and allow you to allocate more resources toward developing cutting-edge solutions.
  • Expand your market reach: With access to funding, you can scale your products or services and explore new markets both locally and internationally.
  • Gain a competitive edge: Investing in innovation helps position your company as a leader in your industry, driving long-term growth and success.
  • Foster collaboration: Many grant schemes encourage partnerships with research institutions, helping you leverage academic expertise to strengthen your R&D initiatives.

At Real Inbound Consulting, we understand the intricacies of applying for these grants and what it takes to secure funding. Whether you’re a startup developing a breakthrough product or an established business looking to adopt new technologies, we have the expertise to guide you through the application process and increase your chances of success.

How We Can Help
Navigating the grant application process can be challenging, but with the right support, your business can leverage Hong Kong’s innovation and technology grants. Our team provides expert consultation to align your goals with suitable grants, comprehensive application support for a compelling proposal, and tailored strategies to highlight your project’s innovation and impact. Once approved, we offer ongoing grant management to ensure compliance and successful implementation.

🔗 Learn more about Hong Kong’s ITF funding opportunities here

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2024-2025 New Sports Development Grants Now Open for Applications!

8/12/2024

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Exciting news for non-profit organizations and sports associations in Hong Kong! The Leisure & Cultural Services Department (LCSD) has officially launched its 2024-2025 Pilot Scheme for New Sports Development, offering generous funding to support the growth of emerging sports. With grants of up to HK$180,000, this initiative is designed to provide financial backing to help local organizations promote new and innovative sports programs that can engage the community and drive participation.

If your organization is interested in developing new sports programs, this grant represents an incredible opportunity to bring your ideas to life with financial support from the Hong Kong government.

What Does the New Sports Development Grant Cover?
The 2024-2025 Pilot Scheme is geared towards promoting emerging sports in Hong Kong. The funding provided under this grant can be used for a variety of purposes, including but not limited to:
  • Event organization: Plan and execute sports events that promote new and innovative sports to local communities.
  • Training programs: Organize workshops or training sessions for athletes, coaches, and volunteers to develop skills in these emerging sports.
  • Equipment purchase: Purchase the necessary sports equipment and materials required to launch or expand new sports programs.
  • Marketing and outreach: Increase awareness and participation by developing marketing campaigns to promote your sports programs within the community.

This grant is particularly aimed at non-profit organizations that are registered under the Companies Ordinance and have a proven track record of promoting sports programs in Hong Kong.

Why This Grant is a Game-Changer for Sports Associations
Hong Kong has seen growing interest in emerging sports, from urban street sports to adventure sports and other non-traditional activities that capture the imagination of youth and sports enthusiasts alike. The 2024-2025 Pilot Scheme allows organizations to not only introduce new sports but also cultivate interest in activities that may otherwise have lacked the resources to thrive.

By participating in this grant program, your organization will have the financial support to develop programs that can:
  • Introduce innovative sports to a broader audience, encouraging more diverse participation.
  • Create pathways for athletes to excel in emerging sports at both the community and competitive levels.
  • Build infrastructure that supports the long-term growth of these sports in Hong Kong, from training facilities to coaching development.
  • Foster social cohesion by bringing communities together through sports and physical activities, offering healthy and inclusive opportunities for participation.

Eligibility Requirements
To apply for the 2024-2025 New Sports Development Grant, your organization must meet the following criteria:
  • Non-profit status: Your organization must be a non-profit entity registered under the Companies Ordinance.
  • Track record: You should have experience in organizing or promoting sports programs, with evidence of community engagement and program success in previous initiatives.
  • International Recognition: If applicable, the new sport being introduced should have recognition from international, Asian, or regional sports federations, and approval from the General Administration of Sport of China.

Organizations that demonstrate a commitment to growing community participation and developing long-term programs for new sports will be favored in the selection process.

About Real Inbound Consulting
At Real Inbound Consulting, we specialize in helping businesses secure funding through grants like the TVP, BUD, RTH, etc. Our services include application support, proposal development to highlight your project's innovation and impact, and document preparation and submission to meet all requirements. With personalized consulting tailored to each project, we help your application stand out. 

Maximizing Your Company’s Program’s
Impact 
Securing Hong Kong Grants in general can be a game-changer for your organization. Whether you’re planning to introduce a new company or expand an existing program, this grant will provide the financial resources you need to maximize the impact of your project. With Real Inbound Consulting's support, you can confidently navigate the grant application process to bring your vision to life. We offer guidance to structure your company program to align with grant objectives and professionally prepare your application to maximize success.
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🔗 Learn more about the New Sports Development Grant here

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Unlock Research Opportunities with the General Research Fund and Early Career Scheme

7/29/2024

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At Real Inbound Consulting, we are dedicated to helping clients access the right grants to fuel their growth and innovation. We are excited to share the recent developments from Hong Kong's Research Grants Council (RGC), which has awarded over $1.1 billion to more than 1,200 research projects across universities for the 2024/25 period. This significant investment emphasizes Hong Kong's commitment to advancing research and fostering academic excellence.

The General Research Fund (GRF) and Early Career Scheme (ECS) are essential funding sources for both established and early-stage researchers. These grants support a wide range of disciplines, from engineering and medicine to humanities and social sciences, helping researchers break new ground in their respective fields. The ECS, in particular, focuses on nurturing junior researchers, giving them the resources they need to develop their careers and contribute to groundbreaking discoveries.

If your organization aims to enhance its research and development (R&D) capabilities, now is the ideal time to explore the available grants. These opportunities are open to universities, research institutes, and private companies seeking collaboration with academia.
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Real Inbound Consulting guides companies through the complex landscape of diverse grant opportunities, offering tailored strategies and expert support to maximize success rates. Our team stays updated on various funding options, ensuring efficient documentation and compliance across all types of grants.

🔗 Learn more about the funding results from the Research Grants Council
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