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Youth entrepreneurship fund loans more than 50 million yuan

April 20, 2017

for many young entrepreneurs, some of the government’s venture capital and venture capital loans is very important, especially in the early stages of the whole business, to solve some of the worries of funds is very important.

in the high-tech zone of Hefei City, the 31 year old Dr. Wang Guoxing founded the Boxing biological technology limited company, is the province’s first youth entrepreneurship fund benefit of enterprises. Venture capital funds do not attach importance to the traditional mortgage loans and assets, is conducive to the financing of technology-based companies. The company’s treatment of cancer protein antibody research requires a lot of money, the company received 400 thousand yuan of loans, can promote product development to keep up with.  , said Wang Guoxing, the company sold more than 6 million yuan last year, this year is expected to achieve explosive growth.


to promote public entrepreneurship peoples innovation, the provincial finance department in conjunction with the provincial Office of human resources and actively explore new path of new pattern, market-oriented approach to support the province’s Youth Innovation and entrepreneurship. At the beginning of this year, according to the provincial cooperation, market operation, risk sharing "principle, the two Department of Hefei high tech Zone as a pilot, provincial finance, Hefei high tech Zone by 2: 1 ratio to set up a 30 million yuan of youth entrepreneurship guide funds by the Hefei high tech Zone through the" debt investment + equity investment ", the implementation of" mortgage free security "model of initial support entrepreneurship and development of entrepreneurship, and will be responsible for 5 times the size of funds to enlarge the principal guide funds, namely 150 million yuan.


the government for some young entrepreneurs have given the best help measures actually is almost to grant them some business loans, to help them solve problems early in the venture capital business, in order to attract more young entrepreneurs.

 

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