Support for SMEs

To raise the awareness of undergraduate and postgraduate students to the wide spectrum of career opportunities in the front, middle, back offices or "mixed" job functions of the Asset and Wealth Management (WAM) sector, and allow them to gain early exposure to these different functional roles.

The HKSAR Government will subsidise the participating employers up to 80% or HK$8,000 (whichever is lower) of the honorarium paid to the student intern on a 1 month basis, up to a maximum of 3 months per year for each student intern. 

Companies or organisations from the following WAM sub-sectors may apply to offer internship positions under the SIP as Participating Employers ("PEs") :-

1. financial institutions licensed with or registered by the :-
    1.1 Securities and Futures Commission under the Securities and Futures Ordinance (Cap.571) to carry out Type 4 (advising on securities) regulated activity; or Type 9 (asset management) regulated activity;
    1.2 Hong Kong Monetary Authority; or
2. insurers authorised or insurance intermediaries licensed under the Insurance Ordinance (Cap.41); or
3. firms or corporate practices registered with the Accounting and Financial Reporting Council; or
4. trust companies registered under Part 8 of the Trustee Ordinance (Cap. 29); or
5. trustees approved by the Mandatory Provident Fund Schemes Authority under the Mandatory Provident Fund Schemes Ordinance (Cap. 485); or
6. trusts or company service providers licensed by the Companies Registry under the Anti-Money Laundering and Counter-Terrorist Financing Ordinance (Cap. 615)

Student interns can only be hired to work for a PE. If the PE is not the hiring company, both the PE and the hiring company must be under the same parent group company with sufficient proof (e.g. organisation chart, annual return) provided for validation of the relationship. The parent group company should hold more than 50% shareholding of both the PE and hiring company.

Please visit the Scheme's website for the application periods and procedures.