Vetting Process

All applications will be vetted by a Programme Management Committee (PMC). The PMC is chaired by a government official and members are drawn from the government, the trade industrial and professional sectors with expertise or experience in branding, upgrading & restructuring and domestic sales.

Applications will be considered by the PMC on a continual basis. Applicants will be informed by the BUD Fund Implementer (i.e. the Hong Kong Productivity Council) of the results of their applications after the PMC has made the decision.

Protection of the project data confidentiality

Applicants are suggested to read the details of the Programme Management Committee (PMC) member list as shown in the page of the “Vetting Process” before submission of their application. Applicants are welcome to contact the Implementer for assistance if they need to enquire the company information of the PMC members or have any special request on the protection of their projects data confidentiality, please contact the BUD Fund Implementer at 2788 6088 or email to [email protected] .

Membership List of the PMC (Update date:1 January 2023)


Ms. Maggie WONG Siu Chu, JP (黃少珠)

Director-General of Trade and Industry

Non-official Members
Mr Alan CHEUNG Yick-lun, MH (張益麟)Ms Pamela MAK Mei-yee (麥美儀)
Mr CHOY Chi-fai (蔡志輝)Mr Kevin NG King-hon (吳景瀚)
Mr Marvin HSU Tsun-fai (徐晉暉)Ms Jacqueline NG Wai-kwan (吳慧君)
Ms Juliana LAM Hiu-ying (林曉盈)Mr Roy NG (伍俊達)
Mr Gary LAU Sun-tao (劉燊濤)Mr PANG Chor-fu (彭楚夫)
Ms Edith LAW Ho-yan, JP (羅可欣)Mr William SHUM Wai-lam (沈慧林)
Ms Michelle LEUNG Oi-pui (梁皚貝)Ms Angela YEUNG Pui-yan (楊珮欣)
Mr Raymond MAK Ka-chun (麥嘉晉) 
Ex-officio Members
Representative of Commerce and Economic Development Bureau
Representative of Trade and Industry department


Project Agreement and Accounts

In respect of each approved project, the funded enterprise has to:

  • sign a funding agreement with the BUD Fund Implementer; 
  • keep separate and clear accounting records for the project; (Including but not limited to procurement records, quotations, invoices, official receipts, etc.) 
  • goods or services under project have been procured in accordance with the procedures and guidelines listed in the Guide to Application. 
  • submit annual progress report and annual audited accounts (only applicable to projects with duration over 18 months); 
  • submit final report and final audited accounts upon project completion. 


List of Approved Projects

Download list of Approved Project