Assistance program for professional organizations unveiled

Application is until June 29.

In a report, the Commerce & Economic Development Bureau is inviting a new round of applications for the Professional Services Development Assistance Scheme.

Non-profit-distributing professional, trade or industrial organisations, and research institutes can apply until June 29.

The scheme finances projects that boost the competitiveness of Hong Kong's professional service sectors in external markets, including the Mainland, and upgrade the standard of local professional services.

Eligible projects include conferences, training programmes, research studies, and promotional events.

Grants are given on a dollar-for-dollar matching basis. The maximum amount of grant for a project is $2 million.

A briefing session will be held on May 21, for interested applicants.