Gov’t receives 1,500 applications from SMEs for digitalization support

The government has allocated an additional budget of MOP 650 million to the “Macau Industrial and Commercial Development Fund (FDIC),” primarily for the “Small- and Medium-sized Enterprise Digitalization Support Services” program, the development of distinctive shops, and community revitalization projects. This year, the quota for the program has been increased to 1,500, which will be implemented in two phases with 750 slots per phase. However, the first phase has already received 1,680 applications. Additionally, the increased budget will support community revitalization projects in the ZAPE area, which are aimed at enhancing the business capabilities and competitiveness of the local area.
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