Small and Medium Enterprises (SMEs) who apply for the ‘Financial Support Plan for SME’s Websites’ will be able to use the awarded money to establish a mobile application (APP) for their business, according to the Macao Economic Services (DSE). The support plan, established in September 2014 by the MSAR Government, allows local SMEs to apply for financial help in establishing a website for their business, at a maximum cost of MOP14,000 (US$1750), with an additional subsidy to help cover up to 70 per cent of the maintenance costs in the first three years of operation, capped at MOP6,000, according to information from the DSE. SMEs with an already established business website can apply for up to 70 per cent of website optimisation costs, capped at a maximum of MOP50,000. Now the DSE is allowing any subsidy candidates who haven’t claimed the financial support yet, or who haven’t seen its application approved, to choose the subsidy to be used for establishing and maintaining a business mobile application, in order to ‘attend the changes in the way the community receives information, by allowing more ways for SME’s to promote their businesses’.
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