The results of the High-level Talent Innovation and Entrepreneurship Project Evaluations in Linping District are out!

Project evaluations were scored based on factors such as the entrepreneurial team, business model, technological advancement, market prospects, rationality of plan, and basic funding conditions for implementing the project. The project evaluation had a full score of 120 points, with projects scoring 100 points or above being classified as Category 1 projects, 90 points or above as Category 2 projects, and 80 points or above as Category 3 projects.

nihub-recommended projects’ classification status

Category 3 projects:

* VividSparks

* Perovskite based Solar InkTM as a replacement for silicon on solar panels

* MicroSec

* Exaurus LLC

* ENERGY OF VACUUM

* Ladon Health

* How to Raise a Genius

Subsidy Scheme

Rental subsidy

Category 1 projects can enjoy a rental subsidy for up to 3,000 square meters of workspace for three years, while Category 2 and 3 projects can enjoy rent subsidies for up to 1,000 square meters for three years at different proportions.

R&D subsidy

Within three years of the R&D stage, Category 1 projects can receive up to 30 million RMB in R&D expense subsidies, while Category 2 and 3 projects can receive up to 6 million RMB in subsidies at different proportions.

For biopharmaceutical projects, upon application and review, the R&D subsidy period can be extended to a maximum of five years.

Equipment subsidy (cannot be enjoyed concurrently with the R&D subsidy)

Within three years of the industrialization stage, Category 1 projects can enjoy up to 10 million RMB in industrialization equipment subsidies through a “case-by-case” approach, while Category 2 and 3 projects can enjoy up to 5 million RMB in subsidies at different proportions.

Financial support

1、Eligible for “Talent Entrepreneurship Loan,” with a maximum credit limit of 5 million RMB per account.

2、Category 1, 2, and 3 projects can apply for a maximum single-account guarantee of 10 million RMB, 7 million RMB, and 5 million RMB in district policy guarantees, respectively. Special projects can be negotiated on a “case-by-case” basis.

3、Can enjoy up to 10 million RMB in Angel Guidance Fund support and obtain up to 100 million RMB in policy-based direct investment fund investment.

Talent entrepreneurship insurance subsidy

“Talent Entrepreneurship Insurance” can provide low-rate entrepreneurship insurance and premium subsidies (maximum insured amount of 10 million RMB, premium subsidy period not exceeding three years) for high-quality talent projects.

P.S. Specific details are subject to the official emails sent by the government.