It will also set up credit risk compensation funds to encourage banks and financial institutions to issue credit loans with free mortgage, no guarantee and no service fees to small and medium-sized enterprises with financing needs.
In order to support the construction of an entrepreneurial innovation platform, the municipal government will award 1 million yuan, 500,000 yuan and 300,000 yuan respectively for newly-recognized small and micro entrepreneurial innovation demonstration bases at the national, provincial, and municipal levels.
The public service demonstration platforms for SMEs at the national, provincial and municipal levels will be rewarded with a one-off award of 500,000 yuan, 300,000 yuan, and 200,000 yuan respectively.
In addition, enterprises with an annual sales income exceeding 200 million yuan, 500 million yuan, and 1 billion yuan for the first time will be rewarded 100,000 yuan, 200,000 yuan, and 500,000 yuan respectively.
It will give a total of 10 million yuan to enterprises listed on the domestic main board or other overseas stock exchanges and a total of 5 million yuan to enterprises listed on domestic small-and medium-sized enterprise boards and GEM (Growth Enterprise Market). Enterprises listed on the "new third board" will be rewarded with a total amount of 1.5 million yuan.
