Professional Services Advancement Support Scheme invites new round of applications
The Professional Services Advancement Support Scheme (PASS) is inviting a new round of applications starting today (June 3) from non-profit-distributing organisations such as professional bodies, trade or industrial organisations and research institutes.
The PASS, with a total allocation of $200 million, aims at funding non-profit-making industry-led projects to increase exchanges and co-operation between Hong Kong's professional services and external counterparts, promote relevant publicity activities, and enhance the standards and external competitiveness of Hong Kong's professional services.
The maximum grant under the PASS for each approved project is $3 million or 90 per cent of the total eligible project cost, whichever is lower. A wide range of professional services is covered by the PASS, including accounting, legal and dispute resolution, architecture, engineering, healthcare, information and communications technology, design as well as technical testing and analysis. Sector-specific projects and cross-sectoral projects are both welcome.
So far, 42 projects have been funded under the PASS, including seminars, forums, workshops, exchange events, exhibitions, and research and studies. Expenses directly incurred for implementing a project such as manpower costs, venue and set up costs, production and promotion costs, and the project team's travel and accommodation costs outside Hong Kong, are typically eligible for funding under the scheme. More details about the PASS and the funded projects are available at www.pass.gov.hk/en/home/index.html.
The PASS receives applications all year round and they are processed on a quarterly basis. The deadline for the new round of applications is August 31, 2019.
A briefing session will be held on June 20, 2019 for organisations interested in applying for the PASS funding. For registration for the briefing session or other enquiries, please contact the PASS Secretariat at 3655 5418 or email@example.com.
Ends/Monday, June 3, 2019