Fashion Industry in Hong Kong Trade and Industry Department Funding

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Getting Support

Funding

The Government has instituted a number of funding programmes to provide financial support for the local industries, including the fashion industry. These programmes are aimed at strengthening the Government's support for design and innovation, upgrading the technology level of the industry, providing support to the development of SMEs, and increasing the competitiveness of Hong Kong's professional service sector. The following summarizes the scopes and objectives of each of these funding schemes. For further details, please click on the hyperlinks to go to the websites of the respective schemes.

Small and Medium Enterprises (SMEs)

SME Funding Schemes

To demonstrate Government's support to the development of SMEs*, the Trade and Industry Department administers three funding schemes:

		SME Loan Guarantee Scheme, which aims to help SMEs secure loans from participating lending institutions for acquiring business installations and equipment and meeting working capital needs of general business uses. The Scheme covers two types of loans: "Business Installations and Equipment Loans" and "Working Capital Loans".

		SME Export Marketing Fund, which aims at helping SMEs expand their businesses through participation in export promotion activities.

		SME Development Fund, which aims at providing financial support to projects carried out by non-profit-distributing organisations operating as support organisations, trade and industrial organisations, professional bodies or research institutes, to enhance the competitiveness of Hong Kong's SMEs in general or SMEs in specific sectors.

*	"SMEs" are defined as any manufacturing businesses which employ fewer than 100 persons in Hong Kong or any non-manufacturing businesses which employ fewer than 50 persons in Hong Kong.

Last revision date: 19 March 2010