How to handle it

Application Procedures and Required Documents
Application Methods

1. Applicants are required to register as a user at the DSEDT website. After having logged in as a user, choose “Young Entrepreneurs Aid Scheme” under the Administrative Services/ e-Services / Online Application / Industry and Commerce Development to perform online pre-application and fill in the application form;
2. After having completed the application form, applicants are required to submit the pre-application online;
3. After having printed and duly signed the application form, submit the application documents, along with other documents required for application, in person or by a representative to the service locations, or by post.

Note#:
– Applicants may simply log in as a user to perform online pre-application if previously registered for other e-services of the DSEDT.
– The DSEDT shall not be held liable for any delay, loss, or misdelivery of applications submitted by post.

Filing Procedures and Required Documents

1. Validly signed application form for the Young Entrepreneurs Aid Scheme (to be printed from the DSEDT website after submitting the online pre-application);
2. Copy of identification document (front and back) of the individual commercial entrepreneurs/all shareholders of the collective person commercial entrepreneur;
3. Copy of license, or certificate of the same nature, required by law to carry out the business activity, except for those who have not yet commenced the business activity; for those whose applications are under process, please attach a copy of application receipt;
4. Copy of identification document (front and back) of guarantor, if any, and document proving that he/she possesses adequate financial capacity;
   (If an application is granted, the guarantor(s) is/are required to present in person to sign the relevant guarantee documents and assume joint and several liability with the debtor. In the event of arrears being coercively collected by the Tax Enforcement Center of the Financial Services Bureau (DSF), the guarantor(s) shall also be liable for interest, public revenue arrears, and other statutory charges);
5. Entrepreneurship proposal or business plan (may be written by referring to the outline below);
   1. Information about the business activity (including: scope of business, advantages of the products/services provided, target customers, state of competition, publicity methods, etc.)
   2. Operating conditions (including: human resources situation, sources of income, actual sales or its forecast, operating costs and other funding channels, etc.)
   3. Uses of assistance proceeds.
6. Materials showing the use of assistance. (e.g. if the assistance is for purchasing equipment for the commercial enterprise’s operation/decorating the business premises of the commercial enterprise/publicity and promotion campaigns, please attach relevant quotations; if the assistance is for entering into commercial concession or franchising contracts, please attach information about the contracts for reference.)
7. If the assistance proceeds are also used for business operations expanded by the enterprise in Macao and the Cooperation Zone, relevant documents such as registration documents, shareholder lists, business licenses, etc., of the enterprise in the Cooperation Zone must be attached;
8. Copy of document certifying the completion of training courses, or copy of document certifying a qualification in business administration or similar studies (except those who have not yet completed the training course).

To facilitate analysis and assessment, the following materials are also required:

1. Photocopy of the Income Declaration (i.e. the declaration form filed to the DSF annually for reporting turnover and profit/loss) for the previous year (if applicable);
2. If the application is made for the purpose of decorating the business premises of the commercial enterprise, photos of the business premises before the works, and copy of the lease contract/property search report of the business premises to be decorated are required;
3. Bank transaction records for the last 6 months of the primary bank account (opened under the name of the enterprise) (if applicable);
4. Engineering companies may submit, if any, recent works contracts and photos of works;
5. Other materials for reference, if any.

Notes:
– Applicants may be requested to provide other documents, reports or information which are deemed important by the Advisory Committee on a case-by-case basis.
– For implementation of e-Government measures, the Advisory Committee may request applicants to submit electronic copies of application documents.
– Anyone who provides false information or uses other unlawful means during the application process to obtain the assistance shall incur, if any, civil and criminal liability in accordance with law.

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cost

Free of charge

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Approval time required

An application submitted by an eligible Young Entrepreneur will be analysed by the Advisory Committee of the Young Entrepreneurs Aid Scheme, which will provide an opinion that will serve as a basis for the Administrative Council of the Industrial and Commercial Development Fund (FDIC) to decide on the granting of assistance. The DSEDT will inform the enterprise of the application result within 30 working days upon receipt of all required application documents. Successful applicants will receive the assistance proceeds upon completing the required procedures with the FDIC.

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Remark/Application Instructions

1. Uses of assistance proceeds:
   Assistance proceeds obtained through the Young Entrepreneurs Aid Scheme must be used for business activities carried out in the Macao SAR by the beneficiary commercial enterprise, and must be allocated to the following uses:
   1. Purchase of equipment needed for the commercial enterprise’s operation;
   2. Decoration works carried out for the commercial enterprise’s business premises;
   3. Entering into commercial concession contracts or franchising contracts;
   4. Acquisition of right to exclusive use of technology;
   5. Acquisition of intellectual property rights;
   6. Publicity and promotion campaigns;
   7. Commercial enterprise’s working capital;
   8. Expansion of business operations operated by the commercial enterprise to the Cooperation Zone, provided that it is used for any of the purposes specified in the preceding paragraphs.
2. Assistance amount and repayment terms:
   1. Each beneficiary individual commercial entrepreneur or collective person commercial entrepreneur will be granted an interest-free assistance up to MOP300,000.00 (three hundred thousand patacas);
   2. The repayment period shall be set in accordance with the approval dispatch, with a maximum period not exceeding 10 years;
   3. Repayment of assistance shall be made in half-yearly instalments, with the first instalment repaid in the 18th month from the date of the approval of the granting;
   4. The beneficiary commercial entrepreneur may, at any time, repay any undue assistance fully or partially in advance.
3. Provision of guarantee. A “Young Entrepreneur of Macao” shall fully undertake the obligation of the assistance proceeds. If the amount of assistance exceeds MOP100,000.00 (one hundred thousand patacas), the beneficiary commercial entrepreneur has to appoint a suitable Macao SAR resident with suitable financial capacity as another guarantor to fully undertake the obligation of the assistance proceeds.
4. Obligations of beneficiary commercial entrepreneur:
   1. To submit documents proving the uses of the assistance proceeds every 180 days from the date of obtaining the assistance proceeds until the completion of the project;
   2. A beneficiary entrepreneur who has not submitted the relevant permit/licence due to not having started operating the business activity at the moment of application shall submit such document within 180 days from the date of being notified of the approval of the granting;
   3. A “Young Entrepreneur of Macao” who no longer owns more than 50% of the capital contributed to the beneficiary collective person commercial entrepreneur before the full repayment of assistance proceeds due to transfer of participation (capital contribution) shall provide a copy of commercial registration certificate proving the transfer within 180 days from the date of registration of such transfer;
   4. To retain paper or electronic copies of original expenditure proofs related to the use of assistance proceeds for at least five years.
5. Cancellation of granting of assistance:
   1. the FDIC shall cancel the granting of assistance to the beneficiary commercial entrepreneur if any of the following circumstances occurs:
      1. The beneficiary commercial entrepreneur makes a false declaration, provides false information or uses other unlawful means to obtain the assistance;
      2. Assistance is not dedicated to the purpose(s) that the granting is approved for;
      3. Assistance is used by a commercial enterprise other than the beneficiary commercial enterprise.
   2. In addition, the granted assistance may also be cancelled if any of the following circumstances occurs:
      1. Non-performance of any one of the obligations of beneficiary commercial entrepreneur;
      2. The shareholder originally holding more than 50% of the capital contributed to the beneficiary collective person commercial entrepreneur no longer holds more than 50%;
      3. Within five years from the date of granting the assistance, the beneficiary commercial entrepreneur no longer operates the beneficiary commercial enterprise specified in the approval dispatch;
      4. Non-repayment of due assistance for over 9 months, or of the final instalment of assistance for over 3 months.

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Progress query method

Applicants may enquire about the progress of application for the Young Entrepreneurs Aid Scheme via the DSEDT Online Platform.

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The result of completing the service/Amount

Interest-free assistance will be provided to local youth with entrepreneurship aspirations but lacking resources for helping to alleviate their financial pressures during their early stage of entrepreneurship.

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Service processing location and time-offline

1.Economic and Technological Development Bureau (DSEDT) – Reception Center

Details：

Address: Rua do Dr. Pedro José Lobo, n°s 1-3, Luso International Bank Building, 2/F, Macao

Office Hours:
Monday to Thursday: 9:00 – 17:45
Friday: 9:00 – 17:30

2.Macao Government Services Centre

Details：

Address: Avenida de Venceslau de Morais, n° 222, R/C, Macau

Office Hours: Monday to Friday, 9:00 – 18:00

3.Islands Service Centre of Macao SAR (CSRAEM-I)

Details：

Address: Rua de Coimbra, n° 225, 3/F , Taipa

Office Hours: Monday to Friday, 9:00 – 18:00

Do you support reservation：Yes

Do you need to make an appointment for post-processing：No

Appointment method：

Macao One Account

Other Channels Available?：Yes

Other Channels：

Service locations in community set up by industrial and commercial organisations as entrusted by the DSEDT.

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Service processing location and time-Remote counter

1、Macau New Neighbourhood in Hengqin

Details：

Address: No. 370-378 Xiangshun Road, Guangdong-Macao In-depth Cooperation Zone in Hengqin 

Office Hours: Monday to Friday (except legal holidays): 9:00 a.m. to 6:00 p.m.

2、Hengqin Government Affairs Service Center

Details：

Address: 1-2/F, Building 2, Civic Service Center, 868 Gangao Blvd, Hengqin, China 

Office Hours: Monday to Friday (except legal holidays): 9:00 a.m. to 12:00 noon, 2:00 p.m. to 6:00 p.m.

Do you support reservation：Yes

Do you need to make an appointment for post-processing：No

Appointment method：

Macao One Account

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