Innovation funds require that the asset-liability ratio should not be higher than 70%, and generally less than 60% is better.

The asset-liability ratio is calculated as: total liabilities/total assets*100%.

Other application conditions for the start-up stage innovation fund project are as follows: The start-up stage small business innovation project is a technological innovation project that supports small companies in the early stages of entrepreneurship, with a high level of innovation and technology, and good market prospects, but with small corporate funds.

Enterprises applying must meet the following conditions: 1. The registered capital of the enterprise shall not be less than 300,000 yuan and not more than 3 million yuan; 2. The application deadline from registration to the management center shall not exceed 36 months; 3. The number of employees shall not exceed

300 people; 4.

Total assets shall not exceed 30 million yuan; 5. Annual operating income shall not exceed 30 million yuan; 6. The declared projects have not yet generated sales; 7. No innovation fund projects have been undertaken.

Provide key support to the projects of professional small and medium-sized enterprise incubation institutions such as the National Science and Technology Business Incubator (High-tech Entrepreneurship Service Center), the National Overseas Students Entrepreneurship Park, the National University Science and Technology Park, and the National Torch Characteristic Industry Base (including the Software Industry Base); provide support to college students

Entrepreneurship projects will be given key support.

Support projects with free funding, ranging from RMB 200,000 to RMB 400,000.

All applied projects must be supported by the project organizing unit. The local support amount shall not be less than 150,000, and the western region shall not be less than 100,000.

At the same time, the proportion of scientific and technological personnel with a college degree or above shall not be less than 30% of the total number of employees, and the proportion of scientific and technological personnel directly engaged in research and development shall not be less than 10% of the total number of employees; the enterprise must have good operating performance and a reasonable asset-liability ratio

; The annual funding for technology product research and development shall not be less than 5% of the current year's operating income.