According to the different characteristics of enterprises and projects, the innovation fund supports the technological innovation activities of small and medium-sized science and technology enterprises in different ways, such as loan discount, free subsidy and capital (equity) investment.

1. Loan discount

① It is mainly used to support projects with high technical level, which need to be piloted or expanded to form mass production and industrialization, and the bank has made loan intentions.

② The total investment of the project is less than 30 million yuan, the source of funds is basically determined, and the investment structure is reasonable.

(3) Generally, the loan discount will be subsidized by 50% to 100% of the annual interest on the loan amount of the application project. The total discount generally does not exceed 1 10,000 yuan, and the major projects do not exceed 2 million yuan.

2. Free funding

(1) mainly used for scientific research personnel to start enterprises with scientific and technological achievements, as well as the necessary subsidies for technological innovation product research and development and pilot stage.

(2) The total investment of the project is generally below 6,543,800,000 yuan, the source of funds is basically determined, the investment structure is reasonable, the enterprise has its own funds matching the amount of innovation funds applied for, and the project implementation period is generally not more than two years. Supporting projects funded by local governments shall be given priority support under the same conditions.

(3) The amount of innovation funds generally does not exceed 6.5438+0 million yuan, and a single major project does not exceed 2 million yuan.

3. Capital (equity) investment

① The capital investment is mainly used to support projects with high technical starting point, wide innovation connotation, high innovation level, great potential for subsequent innovation, large expected market demand and expected formation of emerging industries after production.

The purpose of capital investment is to guide the investment of other capitals. The capital investment of an innovation fund generally needs at least one investment partner to jointly invest. The investment amount of innovation funds generally does not exceed 20% of the registered capital of the enterprise.

③ The source of enterprise funds is basically determined and the investment structure is reasonable.

In principle, the capital invested by the innovation fund should be recovered according to law within a certain period of time.