What is an angel fund?
The "angel fund" for college students' entrepreneurship is up to 300,000. College students can get 50,000-300,000 yuan of support for starting a business, and even if they fail, they don't need to compensate for the losses. In order to stimulate the entrepreneurial passion of the "favored children", Shencheng set up the "Angel Fund" for college students' entrepreneurship, and set up 5-6 acceptance points in the city in 2006. Once the students' scientific and technological entrepreneurship projects pass the expert demonstration, they can get financial support. Angel Fund will strictly evaluate students' entrepreneurial projects according to their application plans, and then determine the actual amount of support. This fund will be invested in the student enterprise in the form of equity, and the profit will become the profit of the entrepreneur, and once the venture fails, the student does not need to repay it. Before starting a business, specialized institutions will also provide entrepreneurial training for student science and technology entrepreneurs, so that they can quickly become "bosses". Relevant departments will also provide college students with services such as industrial and commercial registration agency, tax filing and invoice management for free.