Zhejiang 10 Million Special Funds To Support Small And Medium Enterprises

Reporters recently learned from the provincial SME Bureau, starting this year, 10 million yuan a year special funds to support the development of growth oriented SMEs.

It is understood that in order to support the healthy development of SMEs, the provincial government has specifically arranged "special support funds for small and medium-sized enterprises" from the financial sector.

According to the director general of the Provincial Finance Bureau of the small and Medium Enterprises Bureau, the funds are mainly used for the support of entrepreneurial enterprises, the cultivation of growing SMEs, the establishment of credit guarantee system, the vocational and technical training of small and medium-sized enterprises and the improvement of social service system. The main support methods include giving a certain subsidy to the actual project, giving a certain discount to the actual amount of the project loan, and giving certain rewards to the excellent enterprises.

According to the introduction, the 10 million support funds this year are mainly for the more than 900 growth enterprises evaluated according to the ZJGEP evaluation system, and the "100 most growing enterprises" will give priority to the funds.