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Shandong supports 58 entrepreneurial platforms with 100 mln yuan

2016/11/7 16:15:01   source:sdchina.com

  Shandong Provincial Finance Bureau has allocated 106 million yuan as the support fund intending to drive employment with entrepreneurship. The fund was used to reward 58 provincial-level entrepreneurship incubating demonstration bases and entrepreneurship demonstration parks approved in 2015 and 2016.

  31 among the 58 bases and parks are identified in 2016 through layers of screening such as municipal recommendation, expert prequalification, public reply, field evaluation and public review. The new eligible will obtain 67.5 million yuan as reward and subsidy in total, half of the provincial standard money award.

  A specialized third party will seriatim verify the selected bases and parks on their new added amount of entrepreneurial entities and the number of stable jobs. Based on the review results, the provincial finance bureau will appropriate the second batch of fund to those 27 entrepreneurial platforms selected in 2015 with 38.63 million yuan.

  3 entrepreneurial platforms are found unqualified with the allocation for the misuse of the support fund. According to relevant regulation, their rewards will be suspended. One serious violator may have its provincial-level demonstration title revoked and reward returned.

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Sponsor:Information Office of Shandong Provincial People’s Government