Huang Fuquan is a senior majoring in refrigeration engineering at University of Shanghai for Science and Technology. He wants to start his own business. His "multi-heat transfer teaching experiment box" has passed the expert appraisal and applied for the invention patent, but it suffers from insufficient start-up funds. Lack of start-up funds is the first "obstacle" for college students to start their own businesses. However, difficulties like Huang Fuquan are expected to be solved. Shanghai University Students' Science and Technology Entrepreneurship Fund was officially launched yesterday, and Shanghai will invest 654.38+0.5 billion yuan to fully support university students' entrepreneurship. This is the first time in China.
The sources of venture capital include special funds allocated by the municipal finance, matching funds of universities and social funds. Its scale is 50 million yuan per year, and the funding amount of each project is less than 300,000 yuan. The first phase of the tentative fund is planned to last for three years, with a total fund size of 654.38+0.5 billion yuan.
This fund is a government-funded "angel fund" used by the Shanghai Municipal Government to support the scientific and technological entrepreneurship of college graduates in Shanghai, and it is also a "seed fund" for cultivating high-tech enterprises. It aims to create a good environment for college graduates to use their professional knowledge to start scientific and technological enterprises. It is mainly used to subsidize enterprises founded by college graduates (including graduates and fresh graduates) with their scientific research achievements or patented inventions, and further broaden the employment channels for graduates.
The fund will provide financial support in two ways: one is to provide financial support for the incubation of scientific and technological achievements of college graduates. That is to say, relying on Fudan University, Jiaotong University, Shanghai University, Shanghai University of Technology and other university science parks, we will establish Shanghai University Students' Science and Technology Incubation Base and Shanghai University Students' Science and Technology Pioneer Park to provide venues and services for college graduates with scientific and technological achievements to turn them into products. The incubation period of each project is half a year to one year, and the funding amount is 50,000 yuan. Funding is mainly used for entrepreneurs to rent equipment, outsource services and living allowances (no more than 2,000 yuan/month). After the incubation period is over, the fund management institution can evaluate the relevant projects and decide whether to register the venture and the investment amount. The second is to fund enterprises founded by college graduates after scientific and technological achievements mature. That is, each project invested by the fund is less than 300,000 yuan. According to the applicant's capital demand, after examination and evaluation, the direct investment is made by the entrepreneur's self-raised funds according to the ratio of 3: 1 ~ 5: 1. Entrepreneur's investment can use patented technology or capital (including loan funds) as shares. In order to reduce investment risk, investment funds can be invested in stages according to the process of starting a business. The investment period is generally 1 ~ 2 years.
Led by the Municipal Education Commission and the Municipal Science and Technology Commission, the venture capital management committee is composed of the Municipal Development and Reform Commission, the Municipal Finance Bureau, the Municipal Personnel Bureau, the Municipal Social Security Bureau, the Municipal Administration for Industry and Commerce and other departments. The financial management institution of the Fund is Shanghai Science and Technology Investment Company.
At the kick-off meeting of Shanghai University Students' Science and Technology Venture Fund yesterday, Shanghai Science and Technology Investment Company signed the first investment agreement with the science and technology venture park companies of Fudan University, Shanghai Jiaotong University, Shanghai University and Shanghai University of Technology. The meeting requested all relevant departments to implement various supporting measures to support college graduates' scientific and technological entrepreneurship to the maximum extent in terms of capital investment, technical support, industrial and commercial registration and taxation. Establish a long-term mechanism to promote college students' scientific and technological entrepreneurship.
This good news immediately aroused strong repercussions in colleges and universities. According to Zhang Xueqin, director of the Career Guidance Center of University of Shanghai for Science and Technology, after learning this news, many students came to the Career Guidance Center for consultation, and the entrepreneurship training courses for college students were full. Now many students have submitted their applications for venture capital. Jiaotong University, Fudan University and Shanghai University have similar situations.
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