Recently, Hengqin (HQ) launched series of supporting policies to introduce start-up business, reduce the cost of operation, speed up the construction of innovation platform etc. The supporting policy system of HQ has been further complemented and improved. The innovation of technology and related policy will promote forward the development of the real regional economy.
Supporting Policies Promote the Innovation Development
The most critical factor in technological innovation is talents. According to a recent statistics, the number of experts of national program ¨C ¡°The Recruitment Program of Global Experts" (The Thousand Talents Plan) who started their technological business in HQ reaches 70+, leading the development of industries like biomedicine, information technology, chips, microelectronics etc.
At the same time, HQ increase the investment on R & D issues, providing financial support to encourage enterprises to improve their technical level and the ability of innovation. For example, the company who spends pre-tax deduction of more than 100,000 yuan in research and development last year, can apply for a maximum subsidy up to 5 million yuan. By the way, the supporting amount is currently the highest in the entire city.
Worth mentioning, HQ particular focuses on the integration of the chains of innovation and funding. HQ has set up an Angel Investment Fund of 100 million yuan. The single maximum subsidy for each business is up to 5 million yuan, and the cumulative amount of support for the same company is up to 20 million yuan.
In 2017, 74 enterprises in HQFTZ were newly identified as Hi-tech enterprises. Together with 27 original one, there are a total of 101 high-tech business started their business in Hengqin. Also, taking incubators such as INNOVALLEY HQ as a model, the area of incubators of the district reaches over 150,000 square meters, with 231 settled companies.
Souce: Zhuhai Daily
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