SMEs and tech-voucher funding fraud parasites — compliance hard to tell

Hong Kong SMEs face severe information asymmetry when applying for government technology funding, with a convoluted, opaque application process leaving genuinely needy firms struggling to benefit. ICAC investigations have exposed how criminal syndicates systematically defraud technology vouchers and digital-transformation funding, while compliant SMEs are turned away at the door for not knowing the application tricks.

Plenty of Hong Kong users say the market lacks a trustworthy funding-application advisory service, leaving firms to miss out on a great deal of government subsidy. This information gap offers a notable market opportunity for a legitimate funding-application coaching platform.