Grants for money lost
Print Edition
ANGEL investors who lost money investing in small Shanghai technology startups will get subsidies as the city boosts support for innovative firms, a statement said yesterday.
These investors will get fiscal subsidies from February to cover up to 60 percent of their losses from investing in young technology companies.
A 3 million yuan (US$456,000) cap is placed on a subsidy for a single project, and a single angel investor will have an annual cap of 6 million yuan.
Shanghai Science and Technology Commission, Shanghai Commission of Development and Reform, and the Shanghai Finance Bureau will jointly allocate the subsidies, the statement said.
The subsidies are part of the Shanghai government’s efforts to build the city into an international technology and innovation center.
- About Us
- |
- Terms of Use
- |
-
RSS - |
- Privacy Policy
- |
- Contact Us
- |
- Shanghai Call Center: 962288
- |
- Tip-off hotline: 52920043
- 娌狪CP璇侊細娌狪CP澶05050403鍙-1
- |
- 浜掕仈缃戞柊闂讳俊鎭湇鍔¤鍙瘉锛31120180004
- |
- 缃戠粶瑙嗗惉璁稿彲璇侊細0909346
- |
- 骞挎挱鐢佃鑺傜洰鍒朵綔璁稿彲璇侊細娌瓧绗354鍙
- |
- 澧炲肩數淇′笟鍔＄粡钀ヨ鍙瘉锛氭勃B2-20120012
Copyright 漏 1999- Shanghai Daily. All rights reserved.Preferably viewed with Internet Explorer 8 or newer browsers.
