Service Introduction

To encourage the youth of Macao to explore new options and opportunities other than traditional career tendencies and realise their entrepreneurship aspirations, as well as to inject new impetus into Macao’s economic development, the SAR Government has set up the Young Entrepreneurs Aid Scheme under the Industrial and Commercial Development Fund (FDIC) to provide interest-free financial assistance to local youth who have entrepreneurship aspirations but face capital shortfalls, helping to alleviate their financial pressure during the early stage of their entrepreneurship. 

Applications are open to young entrepreneurs of Macao and limited companies that have over 50% of their capital contributed by young entrepreneurs of Macao. Assistance shall be dedicated to the following purpose(s): purchase of equipment needed for the commercial enterprise’s operation; decoration works carried out for the commercial enterprise’s business premises; entering into commercial concession contracts or franchising contracts; acquisition of rights to exclusive use of technology or intellectual property rights; conducting publicity and promotion campaigns; serving as working capital for the commercial enterprise; or utilizing the assistance simultaneously for these purposes both in their business operations in Macao and for those expanded to the In-Depth Cooperation Zone in Hengqin.

The maximum amount of assistance is MOP300,000.00 (three hundred thousand patacas), with a maximum repayment period of 10 years.

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Service recipients and application qualifications

“Young Entrepreneurs of Macao” refer to Macao Special Administrative Region (SAR) permanent residents, aged between 21 and 44, engaging in industrial and commercial activities in the Macao SAR or simultaneously in the Guangdong-Macao In-Depth Cooperation Zone in Hengqin. They may lodge applications for the reason of operating a commercial enterprise registered at the Financial Services Bureau (DSF) for tax purposes, provided that the following requirements are met at the same time:

1. The individual commercial entrepreneurs (individual owners)/shareholders owning over 50% of the capital contributed to the collective person commercial entrepreneurs (corporate owners) have to be “Young Entrepreneurs of Macao”;
2. The “Young Entrepreneurs of Macao” shall have never been granted any repayable assistance by the Industrial and Commercial Development Fund (FDIC); for a collective person commercial entrepreneur who has previously been granted any assistance by the FDIC, the shareholder solely owning over 50% of the capital contributed to it is also considered as having been granted the assistance;
3. The entrepreneurs are not debtors of the Macao SAR;
4. The enterprise has operated in the Macao SAR for a period of less than two years;
5. The enterprise holds the license required by law to carry out the business activity (except for those who have not yet commenced carrying out the business activity);
6. The “Young Entrepreneurs of Macao” have to complete not less than 42 hours of entrepreneurial-related training courses organised or held by public or private higher education institutions of the Macao SAR, or by the Macau Productivity and Technology Transfer Center (CPTTM); young entrepreneurs possessing higher education degrees in business administration or similar studies, or diplomas of courses with a duration of at least 1 year shall be exempt from the aforementioned training requirements.
7. If a commercial entrepreneur applies for the assistance on the grounds of expanding its operated business in Macao to the Cooperation Zone, the following requirements shall also be met:
   1. in the case of an individual commercial entrepreneur, the relevant business shall be operated in the Cooperation Zone under his/her personal name;
   2. in the case of a collective person commercial entrepreneurs (corporate owners), the relevant business shall be operated through a corporate owners set up in the Cooperation Zone, and the relevant Young Entrepreneurs of Macao shareholder must hold over 50% of its capital contribution.

Note: Young entrepreneurs studying or planning to study the training courses are also allowed to lodge applications for the Young Entrepreneurs Aid Scheme. However, it should be noted that beneficiary entrepreneurs will receive the assistance proceeds only after having submitted the copies of certificates of course completion within 180 days from the date of being informed of the approval of application.

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Inquiry Channels

Address
(1) Economic and Technological Development Bureau (DSEDT) – Reception Center: Rua Dr. Pedro José Lobo, n°s 1-3, Luso International Bank Building, 2/F, Macao;
(2) Macao Government Services Centre: Avenida de Venceslau de Morais, n° 222, R/C, Macau;
(3) Islands Service Centre of Macao SAR (CSRAEM-I): Rua de Coimbra, n° 225, 3/F , Taipa.

Tel. n°: (853) 2888 2088

Fax n°: (853) 2875 5011

Email: paje.info@dsedt.gov.mo

Website: http://www.dsedt.gov.mo

WhatsApp & WeChat : 6297 9762

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Execution department and unit

Economic and Technological Development Bureau (DSEDT) – Small and Medium Enterprise Services Division

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