HKPC extends half-price support to boost SME upgrading

The concessions will be valid from 1 April 2026 through 31 March 2027.

The Hong Kong Productivity Council (HKPC) will extend the half-price concession for local small and medium-sized enterprises (SMEs) as well as for enterprises applying to certain industrialisation funding schemes.

The concessions will be valid from 1 April 2026 through 31 March 2027.

“By extending the concessionary relief measures, we aim to encourage SMEs to pursue upgrading and transformation,” said Mohamed BUTT, Executive Director of HKPC.

The initiative aligns with this year’s national “Two Sessions” and the broader objectives outlined in the 15th Five-Year Plan.

Under the scheme, local SMEs will receive a 50% reduction on the labour portion of listed prices for consultancy and testing services.

Enterprises applying or intending to apply for the New Industrialisation Funding Scheme (NIFS) or the New Industrialisation Acceleration Scheme (NIAS) will receive a 30% discount on consultancy services, applied technology projects, and one-stop solutions.