HKPC Extends Half-Price Concessions Measures to Fully Support SMEs Creating Strong Impetus for Hong Kong’s Economic Growth

(Hong Kong, 1 April 2025) Global economic uncertainty poses multiple challenges to the overall business environment in Hong Kong. The Hong Kong Productivity Council (HKPC) announced to extend its series of special relief measures for local Small and Medium Enterprises (SMEs), aimed at supporting them in mitigating risks, boosting their competitiveness and exploring new markets through advanced technologies. HKPC will extend its half-price concessions for Hong Kong SMEs for another 12 months^*. The special offer will apply to consultancy projects as well as testing services from 1 April 2025 to 31 March 2026. Details are as follows:

• 50% concession to the list price of labour portion for consultancy services (excluding consultancy services under Government funding schemes); and
• 50% concession to the list price of labour portion for testing services.

Mr Mohamed BUTT, Executive Director of HKPC, said, “HKPC is fully committed to supporting SMEs and has consistently been a staunch advocate for the business sector. Amidst the global economic uncertainties, we aim for our relief measures to assist SMEs in addressing their timely needs, boosting the industry's competitiveness, and fostering new productive forces tailored to local conditions. As a leading organisation in market-driven research and development internationally, HKPC will continue to align with the HKSAR Government in responding to challenges through reform, by providing diversified consultancy and support services to address industry pain points. We will also actively support local SMEs in their efforts to 'Go Global', thus creating strong impetus for Hong Kong’s economic growth.”

For more information, please visit https://www.hkpc.org/en/sme-concessions, contact us at +852 2788 5678 or email to hkpcenq@hkpc.org.

＊Terms and conditions apply.

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HKPC extends Half-Price Concessions Measures for SMEs, aimed at supporting them in mitigating risks, boosting their competitiveness and exploring new markets through advanced technologies.

Mr Mohamed BUTT, Executive Director of HKPC, said, HKPC is fully committed to supporting SMEs and has consistently been a staunch advocate for the business sector. We aim for our relief measures to assist SMEs in addressing their timely needs, boosting the industry's competitiveness, and fostering new productive forces tailored to local conditions.