The Provincial Department of Science and Technology and the Department of Finance have recently issued the Pilot Program for the Distribution of Science and Technology Innovation Voucher in Jiangsu Province in a bid to present a bold opportunity for hi-tech firms to incorporate technology in their processes or products to sustain their competitive advantages.
Jiangsu Science and Technology Innovation Vouchers rely on provincial finance to provide subsidies for enterprises to purchase science and technology services. The ceiling for each enterprise to receive the provincial innovation vouchers is capped at 100 thousand yuan. The quota is valid for the year and can be divided into multiple uses.
Enterprises can use innovation coupons to deduct 25% when paying orders for services in scientific and technological resources。
Regional governments at and above the county level should provide funding support at a 1:1 ratio.
Excellent service providers can receive rewards of no less than 5% of the actual total service amount, and the annual cumulative reward amount for the same legal entity does not exceed 500 thousand yuan.
The pilot program of technology innovation voucher is conducive to stimulating the innovation vitality of small and medium-sized enterprises, encouraging innovation carriers such as universities and colleges to openly share scientific and technological resources, and improve innovation service capabilities.
(Source:ourjiangsu.com)
