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Article 1 In order to ensure the smooth development of the management of the technology-based SMEs Technology Innovation Fund (hereinafter referred to as the “Innovation Fundâ€), according to the “Small and Medium Enterprises Promotion Law of the People’s Republic of Chinaâ€, the “Office of the State Council forwards the Ministry of Science and Technology, and the Ministry of Finance These Measures are formulated in the Notice of the Interim Provisions on the Technology Innovation Fund for SMEs (Guo Ban Fa [1999] No. 47).
The second Ministry of Science and Technology is the competent department of the Innovation Fund, and the Ministry of Finance is the supervision department of the Innovation Fund. The Science and Technology Ministry of Science and Technology Technology Innovation Fund Management Center (hereinafter referred to as the “Management Centerâ€) is responsible for the specific management.
Article 3 The use and management of innovation funds are in compliance with relevant national laws, administrative regulations and relevant rules and regulations, and follow the principles of honest application, fair acceptance, scientific management, preferential support, openness and transparency, and special funds.
Chapter II Supporting Conditions, Scope and Supporting Methods
Article 4 Projects supported by the Innovation Fund must meet the following conditions:
(1) In line with national industrial and technological policies; (2) High technical content and strong technological innovation; (3) Project products have large market capacity and strong market competitiveness; (4) No intellectual property disputes .
Article 5 The enterprise undertaking the project shall meet the following conditions:
(1) Registered in China and has the status of an independent enterprise legal person; (2) Mainly engaged in the research, development, production and service of high-tech products; (3) The management of the company has a high level of management and a strong market. (4) The number of employees shall not exceed 500, the proportion of scientific and technical personnel with college education or above shall not be less than 30%, and the proportion of scientific and technical personnel directly engaged in research and development shall not be less than 10%; 5) Have good operating performance and reasonable asset-liability ratio; the annual research and development for high-tech products is not less than 5% of sales; (6) It has a sound financial management organization, strict financial management system and qualified Financial staff.
Article 6 The Innovation Fund supports technological innovation activities of small and medium-sized enterprises in the form of loan interest subsidies, grants and capital investment.
(1) Loan discount
1. It is mainly used to support projects with certain levels, scales and benefits, and banks have already loaned or have loan intentions;
2. The newly added investment of the project is less than 30 million yuan, the source of funds is basically determined, the investment structure is reasonable, and the project implementation period is no more than 3 years;
3. The total interest subsidy of the innovation fund is generally not more than 1 million yuan, and the individual major projects are not more than 2 million yuan.
(2) Free funding
1. It is mainly used for the necessary subsidies for the research and development of new technologies, new products, and pilot scales in technological innovation activities of small and medium-sized enterprises;
2. The newly added investment of the project is generally less than 10 million yuan, the source of funds is basically determined, the investment structure is reasonable, and the project implementation period is no more than 2 years;
3. The enterprise needs to match the self-owned funds equal to the amount of the application for the innovation fund;
4. The amount of funding for the Innovation Fund is generally not more than 1 million yuan, and the individual major projects are not more than 2 million yuan.
(3) The specific measures for capital investment shall be formulated separately.
Article 7 In the same year, an enterprise can only apply for one project and one support method. The applicant company should choose a corresponding support method according to the stage of the project.
Chapter III Project Application and Acceptance
Article 8 The Ministry of Science and Technology shall formulate and publish the annual “Guidelines for Several Key Projects of Technology Innovation Funds for SMEs†at the beginning of each year, and clarify the annual key support scope of the Innovation Fund Project.
Article 9 A science and technology-oriented small and medium-sized enterprise applying for an innovation fund shall prepare and provide corresponding application materials in accordance with the “Application Requirements for Technology-based SME Technology Innovation Fund Project†issued by the Management Center.
Article 10 The application materials for innovation funds submitted by enterprises must be true and reliable, and recommended by the project recommendation unit. The recommended unit refers to the local provincial science and technology department that is familiar with the company and the project. Before the recommendation unit issues the recommendation, it should solicit the opinions of the provincial financial department on the project, and copy the list of recommended projects to the provincial financial department for record.
Article 11 The project recommendation unit and the management center shall accept the application in an open manner and submit a review opinion. The content of the acceptance review includes: qualification review, formal review, and content review. After accepting the examination and approval, the management center will organize relevant agencies and experts to conduct project review. For projects that fail to pass the examination, the Management Center will issue a Notice of Non-acceptance on the website of the Innovation Fund within 30 days from the date of receipt of the project application materials.
Chapter IV Project Review
Article 12 The method of project review includes expert review, expert consultation, and scientific and technological evaluation. The management center selects the corresponding project review method according to the characteristics of the project.
Expert review is adopted for projects with similar technologies and products. For individual projects that are interdisciplinary, cross-disciplinary, innovative, technologically integrated, and technically distributed, they can be entrusted to the evaluation of scientific and technological assessment agencies. 
Chapter I General Provisions