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A recent joint effort between the Innovation and Technology Commission (ITC) and the Hong Kong Productivity Council (HKPC) has resulted in a lead in technological advancement, particularly with the enhancement of the Technology Voucher Programme (TVP).
The TVP Tactic Day event celebrated this. It witnessed the launch of digital signing function for TVP in partnership with “iAM Smart+”. This will not only streamlined the signing process for funding agreements but has also ensured the integrity and authenticity of these crucial documents, setting a new benchmark for efficiency in application processes.
Representatives from both SMEs and IT sectors gathered to explore and deliberate on pressing cyber security trends and forecasts for 2024. The overarching goal was to empower SMEs with the requisite knowledge and tools to effectively mitigate potential cyber threats.
The Commissioner for Innovation and Technology; the Chairman of the Tech Voucher Program Committee; the Executive Director of HKPC and the Chief Operating Officer of HKPC were in attendance and underlined the significance of this collaborative endeavour.
The introduction of the digital signing function within TVP will enhance the application process while bolstering security measures. Leveraging the capabilities of “iAM Smart+” for digital signing under the Electronic Transactions Ordinance, applicants can now navigate the signing process with unparalleled ease and convenience, unhindered by constraints of time or location, thereby ushering in a new era of seamless application procedures.
In his address, Hong Kong’s Commissioner for Innovation and Technology shed light on the remarkable surge in TVP applications witnessed in recent years, reflecting a burgeoning demand among local enterprises to harness technology for driving business growth. With over 33,000 funding applications supported, amounting to a staggering HKD$5.8 billion in funding, TVP stands as a testament to Hong Kong’s commitment to fostering technological innovation and economic prosperity.
Meanwhile, the Executive Director of HKPC reiterated HKPC’s pivotal role as the implementation partner for TVP since June 2021, emphasising the organisation’s unwavering dedication to streamlining processes and ensuring efficient handling of over 26,000 funding agreements to date. The introduction of the digital signing function further solidifies HKPC’s commitment to enhancing security measures, providing robust identity verification and encrypted signing documents to safeguard the integrity of the entire process.
Looking ahead, HKPC remains steadfast in its commitment to supporting enterprises on their digital transformation journey, aligning closely with national policies to bolster Hong Kong’s innovation and technology (I&T) ecosystem. Leveraging Hong Kong’s unique strengths, HKPC aims to empower industries with I&T, foster collaboration across sectors, and accelerate the development of new productivity forces, thereby cementing Hong Kong’s position as an international I&T centre with global influence.
In addition to unveiling the digital signing function, the event also featured a comprehensive seminar on “TVP Tactics,” offering practical insights and guidance for interested and funded enterprises to navigate the application process effectively.
Furthermore, cyber security experts from esteemed organisations such as the Cyber Security and Technology Crime Bureau, Hong Kong Police Force, and Hong Kong Computer Emergency Response Team Coordination Centre delivered keynote speeches, shedding light on the evolving network threats faced by SMEs and providing invaluable insights on cyber security trends for 2024.
Initiated in November 2016 under the Innovation and Technology Fund, TVP continues to play a pivotal role in supporting local enterprises across diverse industries in harnessing technology for productivity enhancement and business process upgrades. With the latest enhancements and collaborative efforts, TVP stands poised to further propel technological innovation, driving sustained growth and competitiveness in Hong Kong’s dynamic business landscape.
