Did you know your company can get funding for participating in eco schemes? There are several grants available for companies who are looking help make Hong Kong a more environmentally-responsible city.
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Recycling Fund:
The Recycling Fund comprises two parts:
The Enterprise Support Programme (ESP): Provides funding support for individual Hong Kong enterprises to upgrade and expand their waste recycling operations in Hong Kong
Industry Support Programme (ISP): Provides funding support for non-profit distributing organizations (NPOs), such as professional bodies, trade and industry organizations, research institutes and other industrial support organizations registered in Hong Kong to undertake non-profit making projects which can assist the local recycling industry in general or in specific sectors in enhancing their operational standards and productivity.
Find out more: https://www.recyclingfund.hk/en/overview.php
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Pilot Green Transport Fund:
Noting that vehicles (commercial vehicles in particular) are the main air pollution sources, the Government has put in place a $300 million Pilot Green Transport Fund to subsidize the testing of green innovative technologies applicable to the public transport sector and goods vehicles.
Find out more: https://www.epd.gov.hk/epd/english/environmentinhk/air/prob_solutions/pilot_green_transport_fund.html
The above programme is only intended for the public transport sector and not for private vehicles. To receive subsidies and benefits for electric vehicles, see: https://www.epd.gov.hk/epd/english/environmentinhk/air/prob_solutions/promotion_ev.html
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Cleaner Production Partnership Programme:
The Environmental Protection Department launched this programme in collaboration with the Economic and Information Commission of Guangdong Province to encourage Hong Kong-owned factories in Guangdong and Hong Kong to adopt cleaner production (CP) technologies and practices, thereby contributing to improving the environment.
Find out more: https://www.cleanerproduction.hk/en_project2.asp
On top of this funding scheme of the Environmental Protection Department, there are other schemes that may be relevant. For instance, the Innovation and Technology Fund serves to increase added value, productivity, and competitiveness of our economic activities. The intent of this programme is to help companies upgrade their technology in order to introduce innovative ideas to their businesses.
Find out more: https://www.itf.gov.hk/l-eng/WhatsNew.asp?textmode=0
