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Financing Support
 TEDA Science & Technology Development Fund
Each year, TEDA will allocate 4% of its financial revenues into the "TEDA Science & Technology Development Fund" account of its budget expenditures. The fund will be used in supporting the development of R&D Centers and Hi-tech enterprises.
Accumulative RMB 300 million of the Fund has been disbursed since it was founded in 2000. It has been a strong support on the development of hi-tech companies, R&D Centers and professional incubators.
TEDA Scientific & Technological Venture Fund
Each year, TEDA appropriates 1% of its governable financial revenue into a "TEDA Science & Technological Venture Fund" established in TEDA's expenditures budget. This Fund is used for attracting and encouraging financial institutions, investment companies, other economic organizations or individuals to set up Venture Capitals, Venture Business Investment companies and relevant management companies in TEDA.
Seed Money
TEDA has built a "Seed Money" in its "TEDA Scientific & Technological Venture Fund" to support hi-tech enterprises in an incubating status. An application will be reported to TEDA Administrative Commission for approval by the scientific competent authority of TEDA. After being approved, an investment less than 30% of the total equity capital, and not exceeding one million RMB yuan, will be provided to the enterprise. TEDA possesses a callback priority on any joint stock company to be established by the Seed Money.
Tianjin TEDA Scientific & Technological Venture Capital Stock Company Limited
Tianjin TEDA Scientific & Technological Venture Capital Stock Company Limited. (TEDA S&T), located in the Tianjin Economic-technological Development Area (TEDA), was approved to be established by the People's Government of Tianjin Municipality. The shareholders are TEDA Investment Co., Ltd., TEDA Investment Holding Co., Ltd., Tianjin TEDA Group Co., Ltd., Tianjin Northern International Trust & Investment Corporation, Tianjin Jinbin Development Stock Company Limited, Beijing International Trust & Investment Co., Ltd., Beijing Scientific-technological Venture Investment Stock Company Limited.
Our specialty: a rigorous style of work, a professional management team, a regional project investment
Our target: to integrate the local resources effectively for a win-win project with the partner
Our investment aspect: IT and communication engineering; biology and pharmaceutics; environment protection and new materials.
TEDA Small Enterprise Credit Guaranty Center
In order to keep the continuous growth of its regional economy, TEDA built a long-term strategy of giving priority to the development of the hi-tech industry. For the purpose of realizing this target, enhancing the function of small enterprises in the high-tech industry, intensifying the construction of financial service system for small enterprises, helping middle-small sized enterprises to solve their difficulties in financing and getting loans and guaranty, the TEDA Small Enterprise Credit Guaranty Center (hereinafter referred to as the "Center")was approved to be established by the TEDA Administrative Commission (hereinafter referred to as "TEDA AC") . The Center will become a key sector of the government support on high-tech industries, which focuses on supporting the development of hi-tech and hi-yield small enterprises. The Center will help the small enterprises on their problems of lacking credit by guaranteeing the small enterprises for their short-term operating fund loans. Therefore, a bridge of cooperation will be built between the banks and the small enterprises.
The Center is an institution with the competence of a legal entity approved to be established by the TEDA Administrative Commission. The Center will not target on making profits, the mission of the Center will be serving the small enterprises. An appropriate fee will be charged for the guarantee procedures. The total investment scale of the guarantee capital of the Center will be RMB 200 million. In the initial stage, a registered capital of RMB 50 million will be appropriated from the financial revenue of TEDA. Along with the development of its business, TEDA AC will regularly transfer a certain amount of fund to complement the guarantee capital. In order to build a more steady group of guarantee, to bring up a credit guarantee system, and to lower the guarantee risk, the Center will adopt a membership system. The enterprises to be guaranteed shall subscribe this membership voluntarily. A member can enjoy a discount on its guarantee charges after paying a certain amount of guarantee deposite.
The Center will operate the guarantee capital according to the industrial policies and laws of the state. The principles of keeping "governmental characteristics; legal management and marketable operation" on the fund. The Center will be operated on a base of avoiding risks and serving hi-tech and high-yield middle-small sized enterprises.
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Science
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