Home > Policies

Wuxi’s new policy on university students' entrepreneurship

Updated : 2015-01-30
(en.wuxi.gov.cn)

Wuxi’s new policy on entrepreneurship,the “Suggestions on the Policy of Further Promoting National Entrepreneurship”, was officially released.

The new policy has a number of initiatives and measures and has also increased the number of beneficiaries, by improving relevant subsidy standards and effectuating the management measures. It is a good opportunity for these college students to start up their business in Wuxi and attracts more students to work and live in Wuxi.

No worry for training

Wuxi’s new policy on entrepreneurship provides college students with higher subsidy standards. College students in Wuxi who have achieved an Entrepreneurship Training Certificate and have worked or started their business in Wuxi within 6 months can obtain the training subsidies of RMB 2,000 per person. The college students who have not worked or started their business in Wuxi can also obtain 60% subsidies of RMB 2,000 per person. For these non-local-registered college students who participate in training and start their business within 6 months can also get relevant subsidies according to the their working or innovative situations.

Assurance on housing rent

The new policy also extends the policy in providing these independent entrepreneurial students with housing subsidies. Full-time college graduates with doctorates, masters or bachelor’s degrees work in Wuxi can get allowances for renting fees. The specific standard is RMB 600 per doctorate, RMB 600 per masters and RMB 500 per bachelor degree every month, and the deadline of continual housing subsidies is two years.

Tutor guiding

The new policy also establishes a business mentorship system. Some departments employ successful entrepreneurs, venture capital experts and social professionals to strengthen the expert guiding team and sign the “one to one or one to more” guiding agreement with college students. To provide them with policy explanations, project promotions, risk assessments, opening consultations, financial services and other targeted guidance and services. Tutors guiding students with initial start-ups and steady operations for more than 6 months can obtain some guiding awards.

8.03K
Videos
 

International students experience city glamor

IoT expo displays latest technologies in Wuxi

In pics: Take comfort from clear blue sky

Exhibition marks PRC's 70th anniversary

News
Specials
Sports
Videos
Photos
Business
Policies
Industries
Development Zones
Enterprises
Biz Updates
Travel
Maps
Attractions
Dining
Accommodation
Specialties
Shopping
Entertainment
Transportation
Culture
Heritage
Museums
Events
In focus
Services
Visa
Marriage
Healthcare
Jobs
Education
Useful Info
About
Overview
Districts
Statistics
Government Officials
Sister Cities
E-books
Copyright © 2017 China Daily. All rights reserved.
Sponsored by Wuxi Municipal Party Committee Information Office.
Presented by China Daily.
备案号:苏ICP备14054684号-2