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Services Support Fund: Invitation for applications
The Industry Department is now inviting the second batch of applications for funding support under the Services Support Fund (SSF). The deadline for applications is May 23, 1997.
The Fund, administered by the Industry Department, is set up to provide financial support for projects which can contribute to the overall development and the competitiveness of Hong Kong's service sectors. The first batch of applications had been invited last year and 14 projects were approved for funding support.
Projects to be funded should be non-profit making in nature, except for the purpose of the project's long-term self-sufficiency.
Four main types of organisations are eligible to apply for the SSF. They are services-support bodies, trade and industry associations, higher education institutions, and professional bodies and research institutes. Locally incorporated companies may also be considered if their projects will benefit the service industry that go beyond the interests of individual enterprises.
Recipient organisations will be required to disseminate the project results to the relevant service sectors.
Funding support is normally given as a grant. In special cases, it may also take the form of an interest-free or interest-bearing loan.
The Director-General of Industry will approve projects оп the recommendations of the SSF Vetting Committee, the advisory body set up to advise on the administration of the Fund.
Interested organisations are urged to send in applications to the Industry Department as soon as possible. Application forms and information leaflets introducing the SSF can be obtained from the Services Support Fund Secretariat, Room 1445, 14/F, Ocean Centre, 5 Canton Road, Kowloon. No application fees will be charged.
0730.
Enquiries can be made by telephone on 2736 0055/2737 2278 or by fax to 2377
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