Remote working or service has become a new trend against the backdrop of the epidemic. Under the Anti-Epidemic Fund, the Innovation and Technology Commission (ITC) has launched the Distance Business (D-Biz) Programme to support enterprises to adopt IT solutions to continue their business and services during the epidemic. For each IT solution and the relevant training expenses for the employees, the funding ceiling is HK$100,000 (with funding for the relevant training expenses capped at 10 per cent of the IT solution cost). Each enterprise may receive total funding of up to HK$300,000 to undertake a project to be implemented within six months.
An enterprise will be disbursed a payment of 30% of the funding amount after the application has been approved. Upon completion of the project and after the supporting documents are accepted, the remaining funding amount will be disbursed to the enterprise. Pursuant to the Guidance Notes for Funding Applications of the D-Biz Programme (“Application Guide”), Recipient Organisations (ROs) are required to submit an audited statement of expenditure for the D-Biz Programme projects to the Secretariat (i.e. Hong Kong Productivity Council) according to a stipulated timeframe.
Notes for Auditors of Recipient Organisations
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