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Gazelle enterprises received big gift bags, and Shandong fully cashed the reward funds of RMB 70.5 million.

Source： 11-14-2019 16:06:25

Recently, Shandong Province Finance Bureau released a special fund of RMB 70.5 million to fully implement the policies of award for gazelle enterprises to encourage and guide high-tech enterprises to realize "leapfrog" development.

According to reports, in order to increase the support for small and medium-sized enterprises with strong independent innovation capability, high growth and fission development potential, take the "commanding height" of industrial development, and promote the implementation of the new and old kinetic energy conversion projects, in 2018, Shandong Province issued the Action Plan for Identification, Cultivation and Reward of Gazelle Enterprises (2017-2019), with an intention to identify and cultivate 300 gazelle enterprises within three years. For the new gazelle enterprises identified, Shandong Province Finance Bureau will reward them RMB 500,000 in a lump sum. Until now, Shandong has identified and cultivate 200 gazelle enterprises in total. (Reporter Liu Yong)