Replies to initial written questions raised by Finance Committee Members in examining the Estimates of Expenditure 2012-13 Director of Bureau : Secretary for Commerce and Economic Development Session No. 12 File name : cedb(cit)- doc
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- Examination of Estimates of Expenditure 2012-13
Question : It is stated in the Matters Requiring Special Attention in 2012-13 that the Trade and Industry Department will continue to maintain close liaison with the trade, and help them meet the challenges in reaching out to the global market. What are the specific measures and work? What are the financial resources and manpower involved? Asked by : Hon. WONG Ting-kwong Reply : The SME Export Marketing Fund (EMF) supports small and medium enterprises (SMEs) in marketing promotion activities. Each SME is subject to a cumulative funding ceiling of $150,000. The SME Development Fund (SDF) provides financial support to trade and industrial organisations, support organisations and professional bodies to carry out projects which enhance the competitiveness of SMEs, including those to assist them in exploring overseas markets. The maximum funding for each approved project is $2 million. The estimated expenditure of EMF and SDF for 2012-13 is $299.6 million. The Support and Consultation Centre for SMEs (SUCCESS) of the Trade and Industry Department (TID) also provides information and consultation services for SMEs. In order to help SMEs meet the challenges, SUCCESS organises seminars and workshops to help broaden SMEs’ business knowledge and enhance their entrepreneurial skills. The expenditure and manpower for SUCCESS have been subsumed under the provision of TID and would be difficult to account for separately.
Question : It is stated in the Matters Requiring Special Attention in 2012-13 that the Trade and Industry Department will continue to provide support services for SMEs through the Support and Consultation Centre for SMEs. What are the concrete measures and work? What are the financial resources and manpower involved? Asked by : Hon. WONG Ting-kwong Reply : The Support and Consultation Centre for SMEs (SUCCESS) of the Trade and Industry Department (TID) provides free, reliable and practical information and consultation services for small and medium enterprises (SMEs) (including business start-ups). On information services, the SUCCESS website contains comprehensive business information, including requirements for government licences and permits, etc. SUCCESS also keeps SMEs informed of the latest business information through its reference library, business electronic databases, e-newsletters and regular publication, "SME Pulse". On consultation services, SUCCESS arranges SMEs to meet with experts of various sectors for professional consultation through its "Meet-the-Advisors" Business Advisory Service, providing them with practical advice on business problems. SUCCESS also implements a “SME Mentorship Programme”, under which SME entrepreneurs who are at their early stage of business may learn from and be guided by accomplished entrepreneurs through one-on-one counselling during a 12-month mentorship period. In addition, SUCCESS also organises seminars and workshops to help broaden SMEs’ business knowledge and enhance their entrepreneurial skills. The expenditure and manpower for SUCCESS have been subsumed under the provision of TID and would be difficult to account for separately.
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