1、Appropriation-mainly as the start-up capital to small firms founded by research personnel bearing their own scientific achievements; also providing partial subsidies to STFs for new product development and pilot-production. The appropriation amount to each project will generally not exceed one million yuan RMB with a maximum of two million for key projects.
2、Loan Interest Subsidy-providing interest for STFs requiring loans from commercial banks to expand the production scale of the innovation project. The total subsidy amount of an indivdual project is generally within one million yuan and two million for key projects.
3、Equity Investment-targeted to a few number of projects with a high level of technology starting point greater innovation capacity and market potential in emerging industries. Generally the investment from the lnnofund will not exceed20% of the registered capital of the investee company and will be redeemed within a time limit in accordance with law.
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- Innovation Fund for Small Technology-based Firms
- Fund Nature
- Prospective Fund Projects
- Forms of Financing
- Fund Projects Administration Flow chart
- Innovation Fund for Small Technology-based Firms 2002 Annual Review
- Innovation Fund for Small Technology-based SMEs 2003 Annual Review
- Introduction to CHINEKA Program 2008
Forms of Financing