iNanshan launches three subsidy projects

The iNanshan Enterprise Service Comprehensive Platform（iNanshan) launched three subsidy projects Monday, with the maximum subsidy amount reaching 100 million yuan (US$13.75 million), according to Shekou News.

These subsidies are designed to attract and support financial enterprises, collaborative projects involving Shenzhen, Hong Kong, and Macao, and initiatives for the innovation and entrepreneurship of Hong Kong and Macao youth in Shenzhen.

Applications for these subsidies will be accepted until July 12.

A substantial one-time settlement reward of up to 100 million yuan will be given to newly introduced financial enterprises choosing to locate within the district.

For collaborative projects involving Shenzhen, Hong Kong, and Macao, Hong Kong and Macao enterprises that have been recipients of innovation and entrepreneurship support from their respective governments or through Hong Kong and Macao universities, Hong Kong Science Park, or Hong Kong Cyber port are eligible for a subsidy in Nanshan.

The subsidy will not exceed 50% of the amount they have received from these sources, with a maximum subsidy of 500,000 yuan per enterprise.

For entities operating as Hong Kong and Macao youth innovation and entrepreneurship bases in Shenzhen and recognized by Nanshan, a one-time subsidy of up to 300,000 yuan is available.