For small loan companies, the main guidance is to provide small loans to science and technology-based SMEs. A certain amount of risk subsidy will be given for any occurring loan risks. Loan rewards will be given at 1% of the loan amount issued to science and technology-based SMEs, with an annual subsidy cap of RMB 2 million.
On March 4th, the "China Optics Valley Capital Special Zone Promotion Meeting" hosted by Wuhan East Lake New Technology Development Zone Management Committee was held in Beijing. It is reported that the capital special zone policy system of the East Lake New Technology Development Zone has four characteristics: First, the intensity of reward subsidies ranks among the top nationwide; second, the duration of policy preferences is long, with a 10-year preferential period for angel investments; third, the range of business types covered is wide, not only involving traditional financial institutions but also including various financial and quasi-financial institutions such as financing guarantees, venture capital, financial leasing, science and technology branches, and various types of financial intermediaries; fourth, encouraging financial innovation and the development of new forms of finance. For newly established or relocated financial institutions in the capital special zone, a reward of 1% of their registered capital will be given, with a maximum reward amount of RMB 20 million. The highest reward for key financial institutions headquarters needed to create the capital special zone is RMB 50 million.
The special policies for equity investment institutions mainly include general policies applicable to all equity investment institutions, as well as specific policies targeting angel investments. Among them, the general policies include the aforementioned registration rewards, purchase and lease subsidies, tax subsidies, etc. For investing in more than two enterprises in the capital special zone, a reward of 1% of the annual investment amount will be given; a risk subsidy of 10% of the investment amount in early-stage small and medium-sized high-tech enterprises will be provided; after project exit or profit, a reward of 60% of the local fiscal retained portion of the enterprise income tax paid will be given. The specific policies targeting angel investments mainly include government funds participating in angel funds, a 10-year tax preference, and the government bearing 50% of the risk investment.
The special policies for science and technology branches mainly include: a risk subsidy of 1% of the loan amount. For the first business preparation of science and technology-based SME customers, a business increment subsidy of 75% of the provision extracted will be given. Guidance is provided for commercial banks to establish specialized branches serving science and technology-based SMEs, innovate loan enterprise guarantee methods, and innovate financing products and tools.
For small loan companies, the main guidance is to provide small loans to science and technology-based SMEs and give a certain amount of risk subsidy for any occurring loan risks. A loan reward of 1% of the loan amount issued to science and technology-based SMEs will be given, with an annual subsidy cap of RMB 2 million. For loans issued to science and technology-based SMEs in the high-tech zone, a risk compensation of up to 30% of the actual loss principal part will be given, with an annual subsidy cap of RMB 2 million.
For financing guarantee companies, a guarantee subsidy of up to RMB 10 million will be given at 1% of the provided financing guarantee amount, to encourage guarantee institutions to increase the total guarantee amount for small and medium-sized science and technology enterprises and effectively solve the problem of insufficient effective guarantee assets for science and technology-based SMEs' bank loans. This article is from Xunrong Network http://www.xunro.com, please indicate the source if reprinted!