1. Objects supported by venture funds
1. Projects supported by venture funds must meet the following conditions:
(1) Comply with national industrial policies and have technological content Higher and more innovative science and technology projects
(2) The products have large market capacity and strong market competitiveness, and have good potential economic and social benefits.
(3) The project should have a certain degree of maturity, mainly in the research and development stage.
The project is in the research and development stage: refers to the project for the purpose of production, developing new technologies, new processes, new products, new methods, new devices, or making substantial technical improvements to existing processes, products, and production processes. A series of technical work carried out for improvement; the result should be a prototype (sample, prototype) with the basic characteristics of a new product or new technology.
The project is in the pilot stage: it means that the project is for the purpose of production and uses the prototypes (samples, prototypes), processes, technologies and other achievements obtained in the research and development stage to finalize the design of the product and obtain the technical parameters required for production. and a series of technical development work; this stage includes product trial production and design, industrial testing and small batch trial production.
The project is in the batch (scale) stage: it refers to the project using the technological development results in the pilot stage to carry out larger-scale production activities.
2. Individuals or legal persons applying for entrepreneurial funds should meet the following conditions:
(1) The applicant or the legal representative of the company is a college student (including master's and doctoral degree).
(2) Mainly engaged in the research, development, production and service of high-tech products.
(3) The applicant has strong market development capabilities and high management level, and has a sense of continuous innovation.
(4) Excellent academic performance and good conduct in school, with no bad school record.
2. Ways of entrepreneurship fund support
According to the actual situation of college students’ entrepreneurship, college students who apply for entrepreneurship funds are basically starting their own businesses for the first time. In order to facilitate management and enhance college students’ sense of entrepreneurial responsibility, investment companies It is planned to support the entrepreneurial actions of college students by investing capital (equity capital) and supervising their finances.
Capital investment: Capital investment is mainly based on the investment company’s own funds. The amount generally does not exceed the registered capital of the enterprise or 50% of the applicant’s prepared investment, and the investment generally does not exceed 30,000 yuan.
At the same time, the investment company will also provide support to the applicant's newly established enterprise in various aspects such as company registration procedures, corporate tax agency, management training in operation, and understanding of relevant policies.
3. Application for Entrepreneurship Fund
The Entrepreneurship Fund only supports one project for the same college student.
Applicants should clearly choose a corresponding support method based on the stage of the project they are applying for support and their personal circumstances.
1. Application time
There is no start or deadline for the Entrepreneurship Fund. College students with entrepreneurial dreams can apply at any time
2. Application Procedures
For projects that meet the application conditions for entrepreneurial funds, applicants can apply according to the following procedures:
(1) Go to the investment company website to download the "Summary of Application Materials for College Student Entrepreneurship Funds", And read the relevant documents carefully.
(2) Prepare application materials (application form, feasibility report, attachments, etc.) according to unified requirements.
(3) Mail or E-MAIL the prepared application materials to the investment company
The mailing address of the investment company: No. SBI7, Optics Valley Entrepreneurship Street, East Lake New Technology Development Zone, Wuhan City Addressable to Mr. Gao on the first floor of the building (please indicate on the front of the envelope: Application for College Student Entrepreneurship Fund)
E-mail: fund@whibi.com (Please indicate the subject of the email: Application for College Student Entrepreneurship Fund)
Website: asdaq.com
3. Application materials
College students applying for entrepreneurial fund support should submit the following materials:
(1) "College Student Entrepreneurship Fund Project Application Form"
"College Student Entrepreneurship Fund Project Application Form" is provided in the "Summary of Application Materials for College Student Entrepreneurship Fund". Applicants should enter relevant content according to the instructions and print out the complete "Application Form for College Student Entrepreneurship Fund Project".
(2) "Feasibility Study Report of College Student Entrepreneurship Fund Project"
"Feasibility Study Report of College Student Entrepreneurship Fund Project" must be prepared in accordance with the requirements and format of general project reports. The report can be prepared by the applicant himself or entrusted to a relevant intermediary agency. The relevant data involved in the report must be consistent with the "Application Form for the Undergraduate Entrepreneurship Fund Project".
(3) Attachments to application materials
The main attachments to application materials include:
①Applicant’s ID card and student ID card or legal person business license (copy).
② Enterprises that have been operating for a certain period of time need to submit the company’s accounting statements (copies) and corresponding audit reports (copies) for the past two years audited by an accounting firm (or audit firm) , as well as the corporate accounting statements (copies) for the most recent month of the year; accounting statements include balance sheets, profit and loss statements, cash flow statements, and notes to the statements, etc. The audited financial statements should be stamped with the seal of the auditing unit.
New enterprises registered in the current year must submit the capital verification report (copy) when the enterprise was registered and the corporate accounting statement (copy) for the most recent month of the year.
Individuals who plan to establish a new enterprise must submit relevant documents proving that tuition fees have been paid during school.
③Certificate documents that can explain the project status (such as copies of technical reports, novelty check reports, identification certificates, test reports, user reports, etc.).
④ Documents that can explain the ownership and authorized use of the project’s intellectual property rights (such as copies of patent certificates, property rights authorization letters, property rights use approval letters, technology contracts, etc.).
⑤ Other reference materials related to the project and enterprise (such as award certificates, copies of user orders, etc., and product photos).
⑥ Personal character certificate and recommendation letter from the department/p>
The materials provided by the company must be true and reliable. If fraud is discovered, the investment company will no longer accept the application of the college student.
4. Application acceptance
1. Acceptance unit
The investment company is responsible for accepting applications for venture capital projects.
2． Acceptance processing
The investment company will accept and review the application materials submitted by the applicant. For projects that fail to pass the review, the investment company will generally notify the applicant by phone within two months from the date of receipt of the application.
For projects that pass the review, the investment company will organize relevant experts and institutions to review them. For projects that fail to pass the project approval review, the investment company will generally notify the project by phone within four months from the date of acceptance review of the project.
Application materials will not be returned. Applicants can back up application materials as needed.
5. Project establishment and supervision
For projects that pass the project establishment review and are submitted for venture fund support, the investment company will notify the applicant within 20 days from the date of project establishment in a way that the applicant can learn about. , and signed the "College Student Entrepreneurship Fund Project Contract" with them.
The investment company supervises and manages the implementation process of venture fund projects. The content and requirements of supervision are:
1. Projects supported by venture funds must be settled in SBI Entrepreneurship Street for incubation, otherwise they will not be incubated. Consider supporting it.
2. The amount of venture fund support shall not exceed 50% of the applicant's own investment
3. The applicant will operate independently after settling in, and the investment company will regularly check the financial status of the company. If any violation of legal provisions or transfer of company assets is discovered, the investment company can take legal measures.