The Qianhai Shenzhen-Hong Kong Modern Service Industry Cooperation Zone has launched a special fund for each qualified registered Hong Kong enterprise, especially innovative startups.
In addition to the zone’s preferential policy for overseas talents, the incentive is expected to further help startups attract high-end employees.
Ricky Leung, chief executive officer of a Hong Kong startup registered in Qianhai and focusing on high-tech hardware products, said they are interested in applying for the fund: “Hiring more people to do the development and administration work which is getting heavier would be helpful to us.”
Hong Kong companies can apply for the money either through a two-year, three-percent discount in loan interest, or a one-time subsidy of half of the company’s registered capital. Both incentives are capped at 2 million yuan for each firm and will take effect next month.
The Qianhai administration said the fund will open up a channel for young Hong Kong entrepreneurs to start their business in the newly established Qianhai Shenzhen-Hong Kong Youth Innovation and Entrepreneur Hub.
粤公网安备 44030502003702号