Industry sign banking hawaii lease termination letter mobile
[Applause] - electing when a joke on Jeopardy cha gangjae hoyo de aquila rejecting Hong Kong eg Chilcote Valley teens are making a Cheonggye Santa Rococo hope on sake a total harmony jamendo yoga Kota info Conchita Cindy Peggy Wang Yao hua Chi Cheng arkinson Johnny in Caracas on Binford can Jason Ganga Yamuna pooja seeming Quinta componte ya' consignee pen gentlemen Samara taiga connect might end O king - on Syria kinseth Abu lexan Hagen santanico curtain see a cancel Conway yet Oh Logano de Guangzhou Sangha Moloch in tow with Matt - Frenchie no chicken salmon on TV anchor Haman kogo-sama Ricardo Bonjour Hong Kong pochi kim jong-min Elsa Hagen santanico Vogue and Ingham County halika tempo teach yoga camp concentration Kota yeah ex-ac Malcolm YG t kk k-- 800 day yoyi poncho y que tengo tengo que community doctor choice act on champagne Oh Jo dong COK Hawaii for Zurich confine descent Rajab alpha or the yelling go go go clapping against a king akuto that wakaya Hong Hong Hong ojousama kirito-kun take a horizontal su traje Siwan dong yang Zi Tong - Gong ka dal sangguk a new Indian joy Khalifa chozo Hong Kong title letting in Vizag in Calgary tilting up cunningly Ito will chop the Sun poncho or they work out of Calcutta for you later tonight so much in the public eye calm down quality to the teacher son Jacob come a beautiful hola hey Takumi a chance' getting fatigued a competition from home Dokic John got like a pro phantom f-4 guillotine santanico with K Joe tanto Yip guy come Tiger Houghton Tom tiger quite so don't you toga or the white jung-sook a logical human home Optima tuxedo Johnny and Inga born Cara can be him on what they looked at me like she will keep guy after damned to hell Chuck taiga Sun taking home a mound pitching Joe yourself on regarding all cake we only King Joe can hold a hammer good morning everyone welcome to today's webinar today we are bringing all of you the talk of the town distance business program on the funding application details and I'm very happy to have a partner here is mr. Alex Chen our general manager of the digital transformation division of the Hong Kong productivity Council so I understand that all of you would be very interested to know more details on how to apply for this distance business program funding without further ado I'll hand it over to Alex and then he will be able to tell you more information about this program especially on the funding application side so Alex over to you thank you Katie thank you everyone so maybe I start with the objective of this DS based program so we all know the different enterprise or company in Hong Kong is under huge pressures after the kulluk 19 impact and the government has come up some supportive measures such as this anti epidemic fund which is launched by the innovations and technology Commission's the overall objective is to support the enterprise to continue their business and surface for the adoption of IT solutions they can let the enterprise to conduct and continuous their business remotely the application actually started yesterday and would last for six months and the total amount in the grant is 500 million Hong Kong dollars so Alex after you have a very lean overview of this program so perhaps what the audience will be interested in Moses who are the eligible companies to apply for it so can you give us further details yes it is actually a very hot questions we have been asked in the purest web manners and also in different channels so first of all there are four key requirements that the applicants must fulfill first of all they must be registered in Hong Kong besides they are not a curable to the listed company statutory bodies non-government organization funded by the government and they should have commenced their business since the 1st of January this year and they also need to provide documentary proof to support they have concrete and suspensive business operation in Hong Kong for example current contract purchase order or or some some of the business transaction documents to demonstrate these evidence so in a gist that means any companies or any private companies which is having a favorite Hong Kong business registration certificate and should have commenced already their business before the 1st of January 2020 will be eligible to the scheme right yes correct and then I saw a very interesting word and related entities can you tell us a little bit more about this sure that is more related on complex company structures like a holding company with a lots of different subsidiaries so we are calling them as related entities if these different entities are having the same individuals holding 30 percent or more in their ownership then all this would be candid as one entities and under the rule of this program one applicant can only submit one applications with no more than three IT solution within the dBase program so each applicant can only submit one single application under the whole distance business program and then they should include no more than three IT solutions from the twelve categories yes okay so applicants can always refer to the twelve categories which are already listed in the program website or when you are glancing when you are glancing through the application guidance notes you will be able to find relevant information as well so the next important question is how much can each applicant actually apply for yes as we mention each application can can contain at most three IT solution and each IT solution including the different parts of the expenses including the training the sealing of the funding is 100,000 Hong Kong dollar and the solution we we mentioned they are free at most within the application should be independent that means they could be executed independently and also we will approve and assess individual ease so we could assess the outcome that should not be dependent on the other part of the solution otherwise they would be considered as one single solution and subject to the ceiling of 100,000 Hong Kong dollars as mentioned when applications can contain free solutions and that means each Enterprise can receive up to total 300 thousand Hong Kong dollar I see a lot of the applicants might be interested to know what is the time that I will be receiving the first batch of payment so can you let us know more about that sure one of the characteristic of the DB's program is to disperse the fun as soon as possible so once we review all the documents submitted and pass to the vetting committees if it got approved it the secretary said that Secretariat that means Hong Kong PC will sign a funding agreement with the applicants and then we would disburse 30 percent as an initial payment so that the African can carry out the project as soon as possible okay so you mentioned that the applicant can carry out that project as soon as possible so under the framework of the whole distance business program yes and then you also mentioned just now that the project should be carried out within six months right yes so what is the time that an applicant can receive the final payment yep once they completed the project within a six-month period they should pull if the funding amount is more than thirty thousand they need to provide an audit report to certify the closure and completeness of the projects with these completion reports and observe acceptance by the government and Secretariat's then we will disperse the final payment as soon as possible talking about payment and then all of the people would be very interested to know how they can apply for the scheme and then what kinds of solutions that they would be able to get get some assistance for the program so can you shed some light yeah as mentioned actually ordered Eva's program solution to fall under the category of categories and you can refer to the details in our DB's website on the hong kong pc website and also in the guidance note their detailed description an example to help you understand and I will take maybe two minutes time to go through this Travel category so that you can have a sense of what it really means so for the first fourth category online business to online customer experience they are more about how to convert your physical store to the online store so that you can still conduct business doing the extreme situations for the first one is more for the goods then you can apply for online business and then for those we later maybe food glossary or the entire poem human process you want to automate and minimize the human interactions you can start for the category to online order taking and delivery and then the category free it is more for offering the professional service or customer service for the online customer service platform so it can be an appointment system booking this booking system as well and for the fourth is how to enhance the customer experience it could be air popping technologies like chat BOTS we are or Excel so that the customer can have a more immersive experience of your product and service and then in order to conduct the business the payment is a very essential process so if you want to integrate with the major payment channels or in your store you want to support different kinds of payment methods then the digital payment and mobile POS is another solution you can consider and for the category six to twelve is more about how to support your business doing this remote remote working or social distancing it can be ranging for the external finance systems a virtual meeting we so team communication and cybersecurity etc so for details I suggest you can go back to our website to refer to that to the examples so thanks Alex for those 12 categories and thank you for the reminder as well that all the information will be dispersed through the official website from the Secretariat that is the Hong Kong productivity council's work portal so a lot of the people would ask their question so what is the scope of the funding annually can you tell us more details about this so for this for each solution they're around 100,000 Hong Kong dollar you can use it to purchase different kind of services or SS for example if you want to subscribe some standard software hardware or maybe IT services then you can you can definitely food a purchase or rental or you may want to have your custom-built solutions that more tailored to your company's requirements then you can also go through the custom build way besides if you need a system integrator that integrate multiple solutions together the professional surface fee is also covered under this funding scope besides if you come up the solution you need to chain you need to train up your employee your staff to use it and the training expenses with not more than 10% of the total solution could also be funded within this devious program so I cap off 10% of the total solution that means yes besides as mentioned we need to have the audit reports to certify the complete closure of the projects for those over the amount of 30,000 Hong Kong dollars and the maximum audit fee to be candid towards the project cost is three thousand Hong Kong dollar for example if your funding fee is more than three thousand hundred dollars then the maximum you can be inverse from the funding is three thousand only I see so any audit fee external audit fee that an applicant would like to gain the subsidies from the scheme would be having a cap at three thousand hundred dollars right yes correct thank you so how about other details in the funding scope I understand that it will be also sharing with you yes yeah actually the details requirement can be referred to the guidance notes on the website but here I would extract a few key points so first of all for this DB's program for the IT solution definitely you will purchase surface equipment hardware or software let's call it assets for these assets the title and interest would be West with the applicants and besides the applicants is required to keep all these assets under the DBS program for at least one year after the project completions and we are we have required that the applicant should not transfer sell or dispose this asset within the period specified with Delta or approval and obviously for all these answers you'll purchase it must be licensed product and could not infringe others third party IV rise and the risk associated will be borne or remain way of the applicants actually those reminders are very similar to other government funding schemes as well and then like all other government funding schemes there should also be some exclusion area so Alex can you share with us those exclusions sure we have talked about the inclusion such as the stops didn't see the SIV the training field audit fee and there's quite a lots of different categories are not considered and it being excluded so you need to refer in more details first of all the rental of the premise the staff salary and the related cost so that means you cannot apply the DBS program to recruit new staff to conduct the IT project within that 12 category or to subsidize existing staff compensation to carry out these relate activities besides it related to the equipment's the insurance and recurrent maintenance cost also not covered and obviously for non IT related surface transportation accommodation finance and other overhead would not be covered with the exception of the project auditing fee for those project over 30,000 Hong Kong dollars I think this is also quite easily understandable because all the fees that state business businesses program is going to support should be used to really support those remote businesses or operations within a six-month period yes so it for any other course that is not incurred because of the new implementation of the IT solutions under the program then it will be excluded hmm yes Oh next people would be very interested to know more about this as well what is the procurement procedures yes when you submit the application forms actually there's a very important section you need to feel it is about the technical description of your solution and within the technical descriptions you need to provide a very detailed cost brag and project durations the scope of work and the deliverables and for this if you are engaging system integrators that means you need system integrator to integrate different components software hardware or maybe subscription altogether you need to obtain two quotations and the rules are the guidelines for the procurement is to select the lowest conforming price called quotations otherwise you need to provide a few justifications if not producing to at least two service for wider quotations if you are engaging the subscription for example if you want to subscribe to one of the online shopping platform then you're not required to obtain two quotation from the same top from that online shopping platform so it applies to all subscription-based service providers so see if it is clear to everyone here just trying to recap to what you have just shared with us so like many at the government funding programs so when it comes to quotation it would be checking in the principle that state the applicant should be using the lowest conforming price quotation yes and then for system integrators or non subscription-based service providers then the applicant would need to obtain two quotations for the subscription-based service providers or platforms there is no such requirement and the only one quotation is needed that's correct and then I understand that actually there are quite a lot of service providers already advertising them so that they will be able to profile distance business program services so can you tell us a little bit more about how the program can ensure the fairness in the market yes we also observed these market activities and in in order to ensure the fairness and a reasonable allocation of the resources the Secretariat will process up to ten applications from the same system integrator per week so that means if they have more than ten let's say they're 11 application from the same system integrator that 11th applications will be put into the queue of next week so be careful and in order to ensure the fairness that is the the suggestion we can we can try to balance everyone's interest here bu
I friendly reminder to all the funding applicants that you are not obliged to choose only from the reference list service providers under the program actually you can choose any service providers that you think that they will be able to provide you with the service and then they can fulfill the that's distance business program service criteria yes so so you may or you are most welcome to engage and these service providers that you feel comfortable to and then I understand that there is also an arrangement that to ensure the fairness of the program as well as that all the ordinances are fulfilled right yes and we required the applicant to ensure their bidders to sign the long collusive quotation or certificates as part of the submission that is one way to declare it's the business transaction is contact fairly and clearly within this Debus program so it is a mandated requirement for all the bidders to submit this declaration form and you can find this sample in our db's website and you can download it and then you can prepare and upload when you submit your applications so Alex when it comes to payment a lot of the funding applicants would be in an urge to really purchase the solution so that they can execute their approved projects immediately so perhaps any points to note that for example if it is really not a big amount of that solution that an applicant has engaged can they pay it in cash we highly recommend all these purchase or or procure or lease should be fruit and non-cash method that is a credit card check or bank transfer but if really need to be paid in cash there's an exception the single transaction mate should not be exceeding 5,000 Hong Kong dollars so any other reminder related to money that's perhaps an applicant need to pay attention to yeah we always advocate the fit for purpose for these solutions and the quotations so for the level of funding that are submitted in a proposal we would adjust with reference to all the previous projects approved by the committee within the Debus program that means we are adhere to the market average and if there are some normals for the too high price or whether it is fit for the enterprise for their own business then we would assess in details or maybe inquire for more information for the explanation and justifications thank you legs and then I think and this is very important as well so to recap to everyone on the application procedures yes so as mentioned the fund the deepest program has already opened for applications yesterday 90 M and it would be end on the end of October this year by 6:00 p.m. and we just remind all the application so submit food Adi B's website and there is a clear guidelines and guidance note to help you to how to how to submit and collect all the information required especially in the guidance not nxe it lists down all the required document for your submissions and one very important reminder is that you don't need to rush for your applications you need to gather all the complete and clear information so that the secretary can review and do not need to have a further communication are too many further communication with you to defer your applications and besides if we if your application is deemed as incomplete it would not be processed at any more so please make sure you read the guy with our website or maybe even look at the sample application form so that you can familiarize with the information you need to provide and also taking the opportunity we'd also like to remind all the funding applicants that actually if you fill out the application form through the AAPC website it is completely free of charge so there might be some agents or perhaps consultancy services companies outside in the market saying that your application might be guaranteed we would like to clarify that there is no guaranteed approval cases under the scheme and the Secretariat and the the government actually has not appointed anyone to be the agent or middleman for this scheme and during the application period so if you have doubts do call the Secretariat at two to seven double eight five zero seven zero email us at debates Oh Archie or if you are suspecting that there might be scam cases you can seek assistance from the police force and then further what are you bringing us Alex yep so I think it would be the assessment criteria so we talk about what will be funded and what are the solution that you can select but all we down to your own requirements then you come up your own solution with your service provider then after you submit it the Secretariat will assess the information you provide based on the below criterias first of all it is relevant to your core business so whether you are extending the business to other area that is not totally relevant so it's one of our very key criteria to assess another is the reasonableness so would it be including a loss of unnecessary expense expenditures hardware or other items then we also log into details and judge and maybe we will we will not what with the amount that you apply the four if is not really justifiable and besides as mentioned before your quotations should include the details so that we can validate the implementation details such as the breakdown of the software hardware or surface components the durations the manpower involved etc so these are very important information for us to evaluate the practicality of your solutions and also very obviously the service provider appointed should have the capabilities they should provide the technical references or they are one of the reference they are one of in the reference list such as we have already collected their two computer projects in the last 18 months or having two active subscription contract for more than six months and besides if the upon if the selected service provider have adverse records and known to the committee and a Secretariat it will also impact the assessment of your proposal so I reminded that this is exactly the reason why the Secretariat is encouraging funding applicants you really feel the phone by their own company instead of leveraging on an agent because the Secretariat will be looking into whether there are any documents that the applicant might need to provide and for the one that don't your company the best would be yourself so we encourage you to fill out the application form yourself sure so after all this information are reviewed by the Secretariat we actually will be submitted to the vetting committees which is chaired by the Commissioner of information and technologies and the final decision will be made there so this is a very controversial point a small array taking the chance perhaps you can clarify further to our audience sure so actually is to really let the applicants know about the clarity of the process so when you submitted your applications you can have a few you can have choices of your service provider they are not necessary meant eight early on the reference list you can choose the service provider they have demonstrated their technical paper but it will help you they can provide the context for you and then you can submit into the fall so they can either provide their existing surface provider reference number that found on our reference list or they are being under the process of enrolling to the reference list they will also receive reference number or they are helping the others applicant to submit their applications will also give them an unique a reference ID so that you can put it there then we will understand this service provider what were already having other engagement with ask them and can clearly identify their peers record and can speed up the entire review processes one thing to highlight that the process of the of your applications is independent of the assessment of the service provider so it will not be really affecting your case so so you don't need to have a must to go for the reference leads to to pick your service provider so the is that the summary of all these in parallel processes to guarantee the African can speed up their process of without choosing the one on the list so you can choose your own service providers as long as you feel comfortable so next we are bringing you the sample application form walkthrough so that all of the potential funding applicants will be able to know more about the actual scenario so maybe we can switch to the web browsing screen first first we first would like to show you the funding website you can enter this page through the Hong Kong productivity council website the distance business program and then here you'll be seeing our dedicated web page click to funding application so we suggest you to read through the important notice as well and then the eligibility and Alex has also gone through it earlier the application period assessment criteria we have a recap here as well and the very important guidance notes we suggest you to really go through it indeed house before you enter into the application process here is the application for example that we'll be talking about in just a second and then we have also a modal clauses in property and non collusive quotation on tendering certificates as set by alex discount so if you need it you can click here and then you can view it and there are some other important notes that we put it as a reminder and in case you might have forgotten it and then before you click a button to apply for the application form so here we are bringing you the application form sample so that you will know what kinds of documents or procedures that you'll need to pay attention to before you really go for the application again by filling out the application form is completely free of charge but each company has only one time to fill out the funding application so that's why we are repeating Li reminding all the audience that you may wish to lock into all the details before you act okay so the form will be divided into four parts per a beat CD particulars of applicant project information budget details and service providers information and last but not least Declaration and undertakings and then for Part A it is their very standard or basic information for a application form so please get ready a fail at business registration certificate electronic copy and then you can upload the copy here and then the format accepted is also listed here and then some basic company information applicant name meaning your company's name and then it should match with the name listed in your business registration certificate put down both English and Chinese if you don't have a Chinese name for your company you can just put down the English name here and then the business address as Alex has also reminded everyone that's the business commencement date should be before the first of 2020 the date of expiry the PR certificate number the form of enterprises the number of persons employed in Hong Kong and the business category of your company you can just select the item that is most fit your company and then a copy of the document evidence providing that or showing that your company has substance abysmal operations then the very important one is the project information as set each applicant or each company can apply for three solutions so you can put down the project title here and the project duration should be within six months some people might ask can I well complete the project like in two months definitely you can apply for that solutions for a project that you can complete it in two months however for projects that will be completed in like seven or eight months then this funding scheme might not be a good choice for you and then the number of proposed IT solutions a maximum of three for each company the description of your existing business your expected benefits from this project Patsey the budget details and service providers information for applications that is related to engaging a system integrator or non subscription-based service providers you will need to obtain two quotations and then I said already that you should be selecting the lowest price vendor for this and then you will be for those knowns subscription-based service providers or platforms you will only need to have one quotation and then you should put down the IT solution the amount of your IT solution selected which category would it belong to and then here if that surface provider is already on the reference list under this program you can check yes and then put down the SP reference number SP stands for service providers but if they are not a surface providers being listed under the reference list that service provider actually would have a submission number and then they can provide you with this submission number and then you can also put down here for the service providers that do not have the intention to apply being to apply for being listed under the reference list of this program they can also be submitting their details to the Secretariat for processing as much in Alec's presentation just now and if that service provider has provided quotation to any funding applicants for more than one time they should have a SP supplementary number here is where that number should be put and if they don't have any of these numbers they can always be put down their names and then the email of the company's contact person if you happen to know that company's be our number that is their business registration certificate number you can also put it down here so here some of the service providers in the market especially in the ideal IT industry might be a sole supplier in the market so if you happen to have selected a so supplier in the market you can check out yes and then you can put down a justification in the later boss and to indicate the reason why you are choosing this sole supplier and then if you are engaging a si that is a system integrator or a non subscription-based service provider you should be providing a second quotation so you should be checking out yes and then again if it's the sole supplier or if you are engaging for a non subscription-based sorry for a subscription-based service then you should be putting no there is no second quotation and then for the the non selected service provider that means the second service provider you should be also providing the same level of details here is where you should be putting down the justification if you are choosing a sole supplier or if you are unable to provide a second quotation or if you are not choosing the lowest quotation bit and then here is where you should be uploading the quotation of the surface providers inside the surface quotation please note that the service providers quotation should clearly knock down the contact details of the service providers the scope of service as well as the expected deliverables and breakdown of the cost and then we would invite all service providers to sign a property and non collusive quotation or tendering certificate as shown in our web page earlier and then here is where you should be uploading the document and then this selected service provider is the first service provider and then it's known selected service provider is the second service provider so here you will be uploading both quotations from the tube surface providers that you might have approached them so you should be doing the same if you are applying for three solutions so if you are only applying for one solution of course you only need to do this one time so a lot of the people asked about the external audit fee for projects that's the approved funding amount exceeding 30 thousand hong kong dollars there would be a need to carry out an external audit so the maximum or the fee to be counted towards the total project cost is three thousand dollars as that and then you should also be obtaining two quotations from the external auditors and then you should also be uploading both quotations here and both auditors will need to sign their property and on collusive quotation or tendering certificates as well so here is where you should be uploading the document counting also the external order fee then the total cost you should be putting down here and then next is the very important bank account information this is also a reason why the secretariat is encouraging every
ne to fill out the form by themselves because then you will be able to check carefully if those in input correctly then the bank account type name of bank account holder name of the bank and you will be you should be inputting the bank account number for two times one time here and then the reconfirmation here and if your bank account is a personal bank account but for a company you will need a consent letter signed by all directors of the company and this is where you should be uploading it there are a few notes that you will need to read carefully before you proceed further and then all of these are related to the bank account information the last part is the Declaration and undertakings area and then there should be a an authorized person for the scheme this authorized person is the main contact point between the Secretariat and the applicant company and here we also encourage your company to put down a really official staff here because we might be asking for other further details and then your company staff would be the best person to connect the missing dots and then put on the name the job title the contact number as well as the email address and then there are quite a few of points that you will need to pay attention to before you click the submit button and then we are not going to go into details and then you can read through them in our secretary's website in the funding in the application form sample as well okay but please know that only online application form will be accepted okay finally again and again and again check healthily if all the information input here are correct and if you might have any missing documents because if you have any missing documents and it might take extra time for the Secretariat to get back to you for further document proofs and that might possibly delay the whole application process and then finally after you hit the submit button you will be having a reference code if you have any inquiries you can call that reference code and approach the Secretariat so this is the funding for example Thank You Katie let us go back to the presentations okay so maybe some quick recap for the important notes so for all the official information we made a 2d base it should only be referred from the Hong Kong PC office or website as demonstrated by Katie fiercely and we have not certified or de pair of we have not authorized at the person company or organization to use our logos or names in in the service of helping assisting the application under the Davis program and also another reminder is that the program will only provide a reference list for the market informations for the enterprise to check and see what are the available options but it should not be taken as they endorsed it or recommended lists of the service provider by the government or the secretariat of this program and we also observed there a lots of misleading websites or reproducing the content of our official website if you see this piece a lot piece we a lot piece we report to us through the following channels for example the deepest at home computer or or our hotline to seven eight eight five zero 702 for for reporting these misleading websites and also final reminder is referred to our website and for our constant updates we will also relieve some FA cubes we can help you to understand more about the Pro and also facilitate you how to submit the application more smoothly so thank you Alex for all those details and there is a little bit more information that I would like to ask you so let me try to do it in a about scenario-based I would say well if I want to subscribe for an online video conference platform so do I need to submit two quotations no as mentioned by the period the pro-human rules the two quotation is only apply for the system integrators for the subscription based solution provider we don't we only need to provide one quotations that is definitely enough okay so I think that's pretty easy so say for example if I am an owner of a fashion boutique I sell clothes on or so on and then I happen to be having a strong interest in yoga and then while perhaps I can I apply for the steepest program to purchase some video conferencing equipment so that I can try to contact your guitars online yeah it is a funny questions unfortunately not the principle of this bits program is to continue or support the current business model so if we find this proposal solution is not really related to your existing business it would not be accepted so for this case no but I understand government also have quite a lots of different fundings maybe Katie you can share more information to the audience yep if you happen to be looking for other funding assistance that might help you to expand your business further you can always reach out to a surface that is operated by the Hong Kong productivity council named SME reach out they have a dedicated hotline - seven double x six - six - and they're called SME reach out and then they will be able to provide you with a series of information related to the different government funding so I hope that some of the audience here would be able to utilize this resources in the market as well Thank You Katie so then the last question that I'd like to prompt you is that this is a very popular question as well that some of the solutions might be exceeding the funding ceiling of $100,000 say for example like $150,000 can I applied for the D B's program if it fulfills all other criteria yes first of all we would evaluate the the cost for this case is 115,000 so it is reasonable whether it contains the components that really support the existing business operation and if that's the case it also be captured by the amount of $1,000 so that means the application the applying enterprise need to bear the additional cost themselves so if we approved it at the case due to the reasonableness fee for purpose maybe 90,000 of these submissions then the gap of 60,000 need to be borne by the application companies so I hope you can answer your questions I think that is pretty easy to understand as long as but how what if I got finally an approved amount whether can I change the scope of service after the government approved my application no actually once the application is submitted and utter pass through all the vetting processes when we are when we sign a contract with their applicants actually the contract the project scope cannot be changed so it should be fulfilling all what we have list down in the project notation and the funding agreements I see so how long do I have to implement my solutions after I obtained an official approval from the government under this deepest program so the approach the project need to be start around one month time then they need to kickstart the project and also need to be completed within six months as we mentioned and then they also need to provide the audit completion reports in order to certify the project closures to get the remaining funding see so I'm seeing a lot of questions from the audience and perhaps we can now go into the Q&A session so that our audience can know more about this program so first of all this audience is saying that if they are a service provider and I under the online business category can they apply for the funding in the category using other service providers yes the restriction is if you're in you if you are service provider yourself and you enroll to certain categories you cannot apply peepees to sponsor the project under that category that you're enroll for example if you are a solution provider in the reference needs for category 1 2 3 then you cannot apply for projects to spawned for sponsorship for category 1 2 3 only by the way the category 4 to 12 you can apply I see so is there any ratio between hardware and software when they apply for the funding no there's no strict proportion about the software and the hardware in the surface but it's back to the reasonableness of your solutions whether the amounts that spent on the hardware and software is really practical or reasonable to support your solutions we will be judged by these criterias and then if a company is applying for the funding under this distance business program can they also later on apply TVP that is the technology voucher program and if they applied yeah I think we can answer that bit first yeah for the same project it cannot be applied in other funding so only one program at a time so for this project you apply for D B's then you cannot really reapply this in other Camping's mm-hmm and this audience also asked if they can apply for other employee compensation funding and I think picking the same principle if they are applying for one government funding and they cannot be applying for an Israel yeah but for for deepest is we would not fund the existing employee staff compensations so as mentioned you need to use this funding to either go through the platform subscription provider or through a system integrator to implement our solution that means you cannot use the funding to recruit new staff working under your company to deliver this free of the twelve category of the reference solutions so there's another friend asking that if their application requires well well because under the distance this distance business program scheme they require to provide two quotations for if they are using a si or a known subscription-based service providers so this friend is asking if their IT solution is very advanced like perhaps artificial intelligence and then they are not able to find another compatible quotation so what should they do actually as demonstrated by kati in the forms there's a way for you to justify so you can put down the reasons that if there's only one solution provider can meet your requirement then they stand all the details and then we will judge whether this is a reasonable evidence to support this source of hire quotations so this friend is asking if the service provider has no business registration will it affect the application unfortunately we only allow the supplier with Hong Kong registered business registration so we cannot support those without this in Hong Kong okay so this question we overcome it in some previous webinars as well yes and then if the mother company of that applicant happens to be an overseas company then if the applicants company has a Hong Kong business registration certificate they will and then they are able to fulfill all other application criteria under the program they can still apply for it ranges hi to the related entities Ruth so if going up to the same holding persons with each holding 30% or more ownership of these entities they were all treated at one single entity so only one can apply for the deepest program of these holdings as for the eligibility of the service providers you can check it out in the in the funding website and soldiers and then if you have questions you can reach the secretariat for further clarification so if a company is applying for three IT solutions can they use only one service providers or they would need three different service providers yes one service provider is enough so as long as they are capable to provide the solution you don't need to separate these three solution with free separate IT solution providers but make sure that the IT solutions should not be interdependent to each other they should be operated individually yes we will also be rebooted or branch independently without considering all linked together so this question thus the applicant have to make balanced payment of the 70 percent first before they can claim the balance payment from the government after the project is completed yeah I think this financial arrangement is down to the African to discuss with the suppliers but for our rules is after signing the funding agreement between the African we would grants the 30% as an initial payment and then for the final completion you need to find an auditor to confirm all the project work has been delivered and all the payment has been settled and we would settle the remaining funding of the applications so there is another question about the duration or operation duration and then what if the project lasts for more than six months so can the company apply for the program or and then what happened from the seventh month onwards if for subscription base we will only grants for the six months so for example if your quotation include yearly subscriptions and then we were only Parata to paid for the six month duration of your subscriptions and for the S by projecting ends to provide the project details and a duration in a quotation it should only be within six months time when you submit the projects and then we also strictly enforce the execution to follow the detailed set out in the funding agreement so you should follow the project contract and competed within six months time I'm seeing some audience is asking whether this session will be related to service providers as I mentioned in the beginning of the webinar today we will be focusing on the funding application but we have uploaded the previous service provider webinars in the funfair hjp 0 RG so perhaps you can find out more information about the service providers part from that length there yeah you know website we would also have the applicant for the service provider guidance notes you include the details for how to be an eligible service provider and you can refer to the information there and also as mentioned by Katie we have previously conduct an English version and also Cantonese version for the service provider you can go there and have a replay for the exit for the previous recordings we have also loaded the Cantonese version of the funding application part to our Facebook channel so feel free to subscribe to the HK PC Facebook page and then this question is very popular among the audience as well as how they can find out whether the project actually falls under the IT solutions category and of the deepest program so it's refers to the the detailed description of each 12 categories so actually they are quite distinct and then you can refer to the detail description in either the websites or for the for the guidance note for the African and the service provider you can also find the details and some of them with example as well to illustrate what at the eligibles solution under each categories so checking the chance I like to also share with the audience that we might not be able to answer your questions one by one whether which each services that you are listing out would fall under the business business program so perhaps you can refer to our website and then check out the categories details and then if you have further questions you can reach us later and then some of the people some of the audience is asking this one is asking for online tools does the provider need to be a Hong kong-based company it refers to the registration yes they need to impress the service provider need to have the valid Hong Kong business registration but for the technical references for example even system integrators the two projects competed in the last 18 months can be happen elsewhere and also similarly for the platform base for the two active subscription for more than six months they can also happens outside Hong Kong but only the identity or the registration of the company need to holds in Hong Kong so this question is about this question this this friend is asking that they are having several software surface license and then the cost of these surface licenses are quite costly so can they apply for the funding so as to cover the cost of these applications so first of all we'll see whether this software fell under the trial categories of the devious program and if it's reasonable and related to York offices for the new purchase or the renewal of the license after the approval is acceptable but if it is already existing license or it already happened well before your application submission it will not be counted as or sponsored by the deepest program okay let's see what are the questions from the audience there are quite a lot of questions that's why we are taking a little bit of time to really look through that how to classify sustains of business so as long as you can demonstrate y
u have active business activities for example you have to sign that kind contract with companies in Hong Kong and also when you have offer quotations or Yulin so as some deliverables or maybe goods and services really delivered in your in the Hong Kong then we can treat it as a evidence to prove you have substantial business operation in Hong Kong we are trying to avoid those shell shell company also with our employees companies in Hong Kong to to benefit from this program we should allocate this to support those really have the core operation in Hong Kong and then make sure they can sustain and continues their business operation it is the principle of this DB's program so this best friend in the audience is asking that they are only hoping to get some equipments or maybe subscribing some online facilities to facilitate their current work as they feel that they might not be needing an external consultant can they apply for the scheme so similarly related to the eligibility of these purchase it also back to the reasonableness and also add a relevance to your core business so if this is related and that all the quote is also related to the market average price then it's you can submit your application through the device program but if you if a company is really softly purchasing hardware then please make sure that your service provider actually can fulfill the criteria and the application form as demonstrated just now including like they will be able to help you to sign that property or inclusive top earners we have mentioned previously because this is a an important document under the program Rea and then and some so this one is about maybe we take one more question this is the last question already okay so this is about the external audit part can you recap again under what circumstances should a project be doing an external audit sure before the project fee exceeding 30 thousand thousand dollars they need to have an external auditor to produce the final project completion report in order to signify it is a complete closure and then this would be as evident for us to grant the final remaining payment of your applications and just to recap for the requirement is over thirty thousand hundred dollars you need to have it and then for the audit fee we can sponsor but the maximum cap is at three thousand Hong Kong dollars just a final reminder because I'm seeing quite a lot of audience are asking whether they can do social media promotions or advertising by utilizing the funding through the scheme as long as the end purpose or the end objectives can fulfill the twelve categories you can take a look and see whether your proposal actually helps you to facilitate for example online shopping or other online experience in movement and then that would be a considered proposal another scheme yeah I can develop a little bit more for the social media promotion or search engine optimization yes it is covered in the solution categories but just a reminder that the actual content productions for example the media the video the image the tax it will not be covered by this program yes we have also mentioned that previously in this office apprise session as well so thank you so much Alex for answering all those questions and thank you so much for joining us and if you have further questions please email us or stay tuned with our social media channels and we'll be releasing information further a final final reminder always refer to the Secretary's website and then if you encounter any agent or middleman saying that they can secure your application please note that we do not have any guaranteed application under the program if you have doubts always check with the Secretariat and if you feel that possibly there might be some crime cases going on you can always seek help from the police force so thanks Alex thank you thanks everyone [Music] [Applause] [Music] [Applause] [Music] [Applause] [Music] [Applause] [Music] [Applause] [Music] [Applause] [Music] [Applause] [Music] [Applause] [Music] [Music] [Applause] [Music] [Applause] [Music] [Applause] [Music] [Applause] [Music] [Applause] [Music] [Applause] [Music] [Applause] [Music]
