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On May 8, the Municipal Bureau of Human Resources and Social Security issued a notice and decided to start the application of Yiwu Business Incubation Base from now on.
For the identified business incubation base, 15,000 yuan will be given for every successful incubation of an enterprise, and a subsidy for business incubation will be given according to the standard with a total annual amount of no more than 300,000 yuan. Yiwu City will give a one-time reward and subsidy of up to 300,000 yuan to those who have been awarded Jinhua municipal demonstration base, and 200,000 yuan and 700,000 yuan to those who have been awarded provincial and national demonstration base respectively.
In addition, as long as the small and micro enterprises settled in the business incubation base meet the relevant conditions and the maximum loan amount does not exceed 3 million yuan, they will be given full discount interest according to the quoted interest rate of the loan market.
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