Non-profit-distributing professional, trade or industrial organisations as well as research institutes are invited to apply for funding from the Professional Services Development Assistance Scheme. The application deadline is March 31.

Launched in 2002 with an allocation of $100 million, the scheme finances projects to increase Hong Kong's professional services' competitiveness in the Mainland and other markets.

Grants are given on a dollar-for-dollar matching basis. The maximum grant amount for a project is $2 million.

A briefing session on the scheme will be held on February 24 and helpdesk services will also be available. Click here or call 2918 7593 for details or registration.

209 projects approved in six years

In the past six years, the scheme has approved 209 projects with an amount totalling $82.34 million. Of them, 86 projects, involving funding of $35.32 million, are related to enhancing the competitiveness of Hong Kong's professional services in the Mainland market.