Title:
2020 TVP enhance measurement, the funding ceiling increase from $400,000 to $600,000
Date:
2020-02-27
As announced in the 2020-21 Budget, the Government will further enhance the Technology Voucher Programme (TVP) with effect from 1 April 2020 to further assist enterprises in making use of technology to improve their business operation and enhance their competitiveness:
- The Government’s funding ratio in each approved project will be raised from two-thirds to three-quarters
- The funding ceiling will be increased from $400,000 to $600,000
- The maximum number of approved projects per applicant would be increased from 4 to 6
A number of Techland's customers have purchased their IT solutions through the TVP to enhance their competitiveness. Please feel free to contact us for details.