dr. yu xiong ceng, frsa director, china management research institute executive chair, china...
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Dr. Yu Xiong CEng, FRSADirector, China Management Research institute Executive Chair, China Innovation and Development Association
20th Oct 2011, London
Tianjin
HangzhouWuhan
530 Scheme
Wuxi5050
Scheme
A Thousand Talents Scheme
3551 Scheme
Shaoxing330
Scheme
NingboA Thousand
Talents Scheme
100 Two River Scholar
Chongqing
Tian Jin TEDA Yun Nan S&T department
Guangxi HR Deparment
Chongqing. Party, Secretary Bo Xilai
Company Logowww.cidauk.org
Timescale Number of Projects
Annual Budget
Shaoxing 2010 - 2013 30 No ceiling
Wuhan 2011 - 2014 No ceiling 150million RMB/year
Wuxi 2009 - 2014 50 No ceiling
Hangzhou 2010 - 2015 50 No ceiling
Ningbo 2009 – 2014/2019 No ceiling 50million RMB/year
Tianjin 2011-2016/2021 No ceiling 35million RBM/year
• Technology• Patent
• Projects• photoelectron information industry• bio-industry • telecommunication & IT• e-Business• clean technology• modern equipment manufacturing;
• Capital • Register capital no less than government funding• Applicant should own more than 30% share of company
• Others• Applicant work in China no less than 6 months per year
• Hangzhou & Shaoxing: • Category A: 5million RMB
• Category B: 1million RMB
• Category C: 0.5million RMB
• Wuxi : • Category A: 1million RMB + 3million VC
• Category B: 600k RMB + 1.5million VC
• Category C: 400k RMB + 1.5million VC
• Ningbo: • National: 1million – 5million RMB
• Local: 100k – 500k RMB
• Tianjin:• 500k-1.5million RMB
• Wuhan: • One-off: 5million RMB (Hi-tech projects: +5million VC)
• Hangzhou & Shaoxing: 2-year interest-free loan• Category A: up to 5million RMB• Category B: up to 3million RMB• Category C: up to 2million RMB
• Wuhan: • 50% interest refund (no ceiling)
• Wuxi: • 2-year interest-free loan up to 5million RMB
• Ningbo:• 2-year subsidies up to 3million RMB
• Tianjin:• Loan guarantee
• Hangzhou: • Financial aid: up to 1 million• Rent reimbursement: 3-year, 500 ㎡ office space + 100 ㎡ apartment
• Wuxi : • Financial aid: up to 3 million • Rent reimbursement: 3-year, 100 ㎡ office space + 100 ㎡ apartment
• Ningbo:• Tax subsidies: year 1: 70%, year 2: 50%, year 3: 30%• Project team: if more than 3 members, +1 member = +100k (up to
500k)
• Shaoxing:• Healthcare ‘green card’• Children can go to public school
1. Investigation of the employability and entrepreneurship opportunities in Chongqing’s two river new zone. What’s the implication to the UK?
2. Establish the China UK International Entrepreneurship School.
3. Further development the China UK Entrepreneurship Competition.
Past year photos:
2008 Launch at Chongqing University by CAST
2009 Launch at CAST Headquarter by CAST
Past year photos 2009:
2009 Award Ceremony, 1st Prize by Deputy PPCC leader of Chongqing
2009 Award Ceremony, 2nd Prize by Prof. Richard Harrison
Past year photos 2010:
2010/2011 Launch at Sichuan International Studies University
2010/2011 Final of China Division
Mr. Tu Jingping, Secretary General of Chongqing Municipal Government
Mr. Mengxin Sun, Director of International Department, China Association for S&T
Fundraising Models: Sources of Funding Fundraising Models: Sources of Funding Fundraising Models: Sources of Funding Fundraising Models: Sources of Funding
Investment of 17 million RMB
GovernmentGovernment
FundingFunding
VentureVenture
Capital Capital
Private Private InvestorInvestor PartnershipPartnership
6.5million 8 million 0.5 million 2 million
Student track: 13 millionBusiness track: 4 million
1. The 3rd Sub-Provincial Economic Zone in China, established from 18th June, 2010.
2. A Zone for High-Tech R&D, Manufacturing, and Modern Service Industry.
3. 960 Square Kilometers. 4. In Next five years, 1000 billion RMB investment. 200 of world top 500 settle down.
Gross Output Value of Industry, 100 billion British Pounds. Take 80% of Chongqing’s Foreign trade. 5. One third of the world laptops produced in Chongqing.“5+6+700” five top brands, six OEMs, and 700 Component
manufacturers.
Became the S&T Centre along the Yangzi River
A 1,500 acres China UK Life Science Park,