Where a Hong Kong SME should look for AI and digital funding now that the TVP has closed — explained without the hype.
dgm is an independent osFoundry integration partner — not affiliated with osFoundry’s maker (OS LLC), and dgm has no completed client integrations yet.
Hong Kong SMEs still have real routes to fund AI and digital work — but the best-known one has closed, so it helps to know where to look now.
| Item | Detail |
|---|---|
| Upgrading / market expansion | BUD Fund (1:3 matching, up to HK$7M cumulative) |
| Smart manufacturing | New Industrialisation Funding Scheme (1:2) |
| Start-ups | Cyberport CCMF/CIP, HKSTP incubation |
| Compute | AI Subsidy Scheme (AISC access) |
Where SMEs should look
Note that the Technology Voucher Programme (TVP), Hong Kong’s best-known SME tech-adoption funding, stopped accepting new applications after 31 December 2024 — so it is not an active route for a new AI project, despite many older blogs still listing it. For an established SME, the BUD Fund supports digital and AI-enabled upgrading tied to Mainland/FTA market expansion, and the New Industrialisation Funding Scheme supports smart production lines. For start-ups, Cyberport (CCMF, Incubation) and HKSTP incubation apply. For heavy compute, the AI Subsidy Scheme subsidises AISC access.
Set expectations
Most SME ‘AI funding’ co-funds part of a cost tied to a specific purpose — upgrading, incubation or compute — not a blank cheque for any AI tool. Pair funding with a usage-based platform to keep the rest proportional. Support levels, caps, eligibility and round status change — confirm the current details on the official programme page before relying on them.
Where dgm fits
Important: these are programmes a business applies for directly with the relevant Hong Kong authority. dgm is an independent AI-integration agency — it is not a registered or approved vendor of any of these schemes (none of them operates a vendor registry), so nothing here implies dgm can secure or deliver a grant-funded engagement. dgm can help scope and build the AI project; eligibility, approval and any claim rest with you and the agency. dgm can help scope a small, affordable first project.
Where dgm fits
dgm is an independent integration partner that helps Hong Kong businesses adopt osFoundry — scoping a first use case, handling the build, and connecting AI to the systems you already run. dgm is independent of osFoundry’s maker (OS LLC) and has no completed client integrations yet, so everything described here is a service offered, not a past result. If you want to scope a practical first project, dgm can help you map it out.