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Technology Voucher Programme (TVP)

TVP is a regular funding programme under the Innovation and Technology Fund to subsidise local small and medium enterprises (SMEs) in using technological services and solutions to improve productivity or upgrade or transform their business processes.

Since 1 April 2020, the Government has further enhanced the TVP. The Government’s funding ratio in each approved project has been raised from two-thirds to three-quarters. The funding ceiling per applicant has been increased from $400,000 to $600,000 and the maximum number of approved projects has also been increased from four to six.


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