Retail Technology Adoption Assistance Scheme for Manpower Demand Management (ReTAAS)
To further support the local retail industry, there are enhancement measures under the ReTAAS Assistance Scheme and started to receive applications from 1 April 2020 onwards. Enhancement measures include an option to select initial payment up to 50% of the total approved government funding (maximum up to HK$25,000). To facilitate project implementation by grantees, the minimum requirement for written quotations for procurement or lease of equipment, goods or services under ReTAAS projects from over HK$50,000 to HK$300,000 (aggregate value) will be reduced from five quotations to three quotations with effect from 15 November 2017.
SMEs | Information Technology Solutions
Major service
5 major areas of government funding
Corporate Finance Advisory
Radio frequency identification
ChatBot
Mobile App
Customer Relationship Management
For more information about ReTAAS, please visit the ReTAAS Assistance Scheme or contact us
Eligibility
All non-listed enterprises registered in Hong Kong under the Business Registration Ordinance (Chapter 310) with substantive retail business operations in Hong Kong are eligible to apply, irrespective of their number of outlets.
Funding Amount
Funding will be provided on a matching basis, i.e. enterprise will be funded for a maximum of 50% of the total approved project cost. Up to two projects from a single applicant may be approved, subject to the cumulative ceiling of funding support of $50,000.
Scope of Funding
Projects must be related to the management of the manpower demand of the applicant.
A list of typical technologies are as follows:
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POS System (Point-of-sales System)
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e-shop
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Electronic Payment System
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Inventory System
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Security and Surveillance System (e.g. CCTV)
Other projects, such as projects solely to promote the business of the enterprise, are not eligible for application. Only expenses directly related to the project can be funded. Daily operation costs of the enterprise (e.g. the salary for employees, office rent, general administrative and office expenses, etc.) are not eligible for funding. Please refer to paragraph 3.2.5 of the Guide to Application for more details.
