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Tianjin Binhai Hi-tech Industrial Development Zone Introduces a New Policy to Help New Scientific and Technological Enterprises to Obtain Free Subsidies
Published on: 2011-03-18
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Yesterday, the reporter learned from Tianjin Binhai Hi-tech Industrial Development Zone that, Tianjin Binhai Hi-tech Industrial Development Zone officially introduced Incentive Policy for Tianjin Binhai Hi-tech Industrial Development Zone to Support the Development of Small and Medium-Sized Scientific and Technological Enterprises: Within five years from 2011, Tianjin Binhai Hi-tech Industrial Development Zone will allocate RMB 1 billion financial fund to support the development of small and medium-sized scientific and technological enterprises. According to the Incentive Policy, small and medium-sized scientific and technological enterprises registered in Tianjin Binhai Hi-tech Industrial Development Zone may obtain free subsidies and the amounts range from RMB 100,000 to RMB 600,000. Some fast growing enterprises that undertake the research and development of significant projects will obtain different levels of subsidies.

It is learned that the fund will be developed in such four aspects as nesting program, multiplication and excellence program, innovation project, and carrier construction. According to the Incentive Policy, a new small or medium-sized scientific and technological enterprise will obtain a free subsidy with an amount from RMB 100,000 to RMB 600,000; a new scientific and technological enterprise with a registered capital in excess of RMB 20 million and a gross sales in excess of RMB 100 million within two years after its settlement will obtain a research and development subsidy of up to RMB 5 million; an enterprise, of which the sales income of the previous year exceeds RMB 50 million and the income growth exceeds 30%; an enterprise, of which the annual sales income is from RMB 10 million to RMB 50 million and the income growth exceeds 50% or the average income growth of two continuous years exceeds 40%, will obtain a free subsidy with an amount from RMB 200,000 to RMB 500,000; enterprises and institutions that undertake national key science and technology programs and industrialization programs will respectively obtain a subsidy up to RMB 2 million; 50% of enterprises and institutions that undertake key science and technological programs and industrialization projects of Tianjin will respectively obtain a subsidy up to RMB 1 million; incubators that build or expand an incubation area in excess of 10,000m2 at a time in Tianjin Binhai Hi-tech Industrial Development Zone will obtain a reward up to RMB 8 million.

Yesterday morning, the Science and Technology Bureau of Tianjin Binhai Hi-tech Industrial Development Zone organized a presentation conference on the free subsidization project for small and medium-sized scientific and technological enterprises; over 100 small and medium-sized scientific and technological enterprises attended the conference. The first qualified small and medium-sized scientific enterprises that pass expert review are expected to take the lead in obtaining the incentive fund allocated by Tianjin Binhai Hi-tech Industrial Development Zone. It’s learned that the Policy will be implemented since April 15, 2011, with an effective period of five years.
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