IPIM to Offer More Subsidies for Local SMEs to Participate in MIF

The 14th Macao International Trade and Investment Fair (MIF) will be held from 22nd to 25th October. This year, the Organiser will continue to set up “Macao SME Exhibition” with approximately 120 booths. Macao Trade and Investment Promotion Institute (IPIM) will offer more subsidies and provide multiple privileges and benefits to small and medium sized enterprises (SMEs) in Macao. Subsidies for Exhibition
- With the 60% subsidies received from the Organiser, the participation charges that cost MOP9,000.00 originally, will be reduced to MOP3,600.00/9 sqm;
- Registration before 10th August will be entitled to 10% discount;
- Any exhibitor who has participated in the 12th MIF, 13th MIF, MIECF, GMBPF 2009 or MFE will be entitled to 10% discount. Hotel Accommodation Privileges to Trade Visitors
Each exhibitor may invite one qualified non-Macao-resident trade visitor to participate in the 14th MIF who will be entitled to stay for free at one of the official hotels. (1 room for 2 nights) Promotion Benefits at Macao Trade & Invest Kiosk
Each exhibitor may display a promotional video for free at IPIM’s Macao Trade & Invest Kiosk (15 second version, over 24 weeks, totaling 32,256 times) To qualify for the above privileges, applicants must satisfy the following conditions: 1) SME registered in Macao (total no. of Macao employees not exceeding 100); 2) Registered with Macao Finance Bureau for at least 2 years without tax in arrears (before 22nd October); 3) At least 50% of the SME’s shareholding is owned by Macao resident(s) or enterprise(s) registered in Macao; 4) Fulfilling one the following requirements: - Having participated in the “Macao SME Exhibition” of the 12th or 13th MIF; - For new exhibitors, the applicants must be enterprises with products manufactured in Macao, Macao brand or products with agent in Macao The Organiser will begin receiving applications for participation and exhibition subsidy in the “Macao SME Exhibition” from Tuesday 4th August to Friday 14th August from 9:00 A.M. to 5:45 P.M. The applicant must apply in person at the 14th MIF Administrative and Service Centre in Macao Business Support Centre located in China Civil Plaza, 20th Floor, Alameda Dr. Carlos de Assumpção no. 263, by submitting the Application Form and the required documents. In order to enable more SMEs to open up business opportunities through MIF, each SME may apply for subsidy for up to one booth only, on a first-come-first-served basis. The pavilion will be divided into sections according to the enterprises’ business nature, and the allocation of booths will be determined by the drawing of lots among exhibitors at the same time. For further information about the 14th Macao International Trade and Investment Fair (MIF), please contact MIF Administrative and Service Centre at tel: 853-28828711, fax: 853-28828722, or visit our website at: www.mif.com.mo