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    2 Million Venture Fund And So On.

    2007/6/12 0:00:00 12

    Li Haibin, chairman of the flower spirit Kokusai Hotel, invested 2 million yuan to set up the "flower god regiment cadre entrepreneurship special fund" to support the "League cadres entrepreneurship competition" sponsored by the Nanjing Municipal Communist Youth League Committee.

    The 2 million yuan "venture capital fund" has all been in place. How should we pay the next step?

    What kind of projects can be finalists?

    From today on, the newspaper and the Communist Party committee jointly set up a column for the 2 million edition of the "venture capital fund".

    The head of the delegation told reporters that in early January, the Communist Youth League decided to hold a "group cadre entrepreneurship competition" in the whole city, and all League Cadres under the age of 40 could sign up for it.

    The contestants should submit a project plan for the enterprise to the Municipal Committee of the Communist Youth League, and a certain amount of venture capital fund will be granted to the winners.

    The first batch of business plan collection will be closed by the end of this month, and early May is planned to issue venture funds to excellent projects.

    After the issuance of the first venture fund, the Communist Party committee will continue to collect the business plan, and extend the collection from cadres to all sectors of the community, and provide fund support for outstanding entrepreneurial projects.

    Li Haibin, chairman of the flower spirit Kokusai Hotel, sponsored by the Municipal Committee of the finance committee, invested 2 million yuan, and set up a special fund for the cadres of the flower group.

    The 2 million yuan "venture capital fund" has all been in place. How should we pay the next step?

    What kind of projects can be finalists?

    From today on, the newspaper and the Communist Party committee jointly set up a column for the 2 million edition of the "venture capital fund".

    The head of the delegation told reporters that in early January, the Communist Youth League decided to hold a "group cadre entrepreneurship competition" in the whole city, and all League Cadres under the age of 40 could sign up for it.

    The contestants should submit a project plan for the enterprise to the Municipal Committee of the Communist Youth League, and a certain amount of venture capital fund will be granted to the winners.

    The first batch of business plan collection will be closed by the end of this month, and early May is planned to issue venture funds to excellent projects.

    After the issuance of the first venture fund, the Communist Party committee will continue to collect the business plan, and extend the collection from cadres to all sectors of the community, and provide fund support for outstanding entrepreneurial projects.

    At present, the Communist Youth League has received more than 60 business plans including electronics, aquaculture, patents, foreign trade and IT.

    Li Hui, deputy secretary of the Communist Youth League Committee, said that for the sake of pparency and impartiality of the 2 million yuan venture capital fund, they will cooperate with this newspaper to collect the way of issuing the venture capital and the criteria for selecting outstanding entrepreneurial projects from all walks of life. After the selection is confirmed, 10 outstanding projects will be selected through the newspaper to the public and from more than 60 entrepreneurial plans. At the same time, the Communist Party of China Municipal Committee will collect a "entrepreneurial mentor Guidance Group" composed of economists, successful entrepreneurs and sociologists, and further evaluate the selected outstanding projects so as to finalise the recipients.

    In early May, the final clearance will be funded by venture capital funds ranging from 3 to 100 thousand yuan, and start business.

    This newspaper will track and report the funded projects.

    People wishing to provide the scheme can call the hotline 84636509 or 84636507, or call the municipal Party committee hotline 84541071.

    The written plan can be sent to the youth Engineering Department, 105 Zhongshan East Road, Nanjing, China (zip code 210002).

    At present, the Communist Youth League has received more than 60 business plans including electronics, aquaculture, patents, foreign trade and IT.

    Li Hui, deputy secretary of the Communist Youth League Committee, said that for the sake of pparency and impartiality of the 2 million yuan venture capital fund, they will cooperate with this newspaper to collect the way of issuing the venture capital and the criteria for selecting outstanding entrepreneurial projects from all walks of life. After the selection is confirmed, 10 outstanding projects will be selected through the newspaper to the public and from more than 60 entrepreneurial plans. At the same time, the Communist Party of China Municipal Committee will collect a "entrepreneurial mentor Guidance Group" composed of economists, successful entrepreneurs and sociologists, and further evaluate the selected outstanding projects so as to finalise the recipients.

    In early May, the final clearance will be funded by venture capital funds ranging from 3 to 100 thousand yuan, and start business.

    This newspaper will track and report the funded projects.

    People wishing to provide the scheme can call the hotline 84636509 or 84636507, or call the municipal Party committee hotline 84541071.

    The written plan can be sent to the youth Engineering Department, 105 Zhongshan East Road, Nanjing, China (zip code 210002).

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