Economic Development Zone Launches "Science and Technology Innovation Loan" Technology Financial Products

Recently, the Economic Development Zone launched the "Science and Technology Innovation Loan" technology financial products.

      The "Science and Technology Innovation Loan" technology financial products of the Economic Development Zone are jointly developed by the Technology Entrepreneurship Service Center of the Economic Development Zone, the Finance Department of the Economic Development Zone, the Bank of Guizhou, and Guizhou Yingke Yipin Industrial Financial Development Co., Ltd. This product is a product specially developed by the Economic and Technological Development Zone for the in-depth implementation of the "Strong Provincial Capital" five-year action to support the development of scientific and technological enterprises in the Economic Development Zone, and solves the problem of difficult and expensive financing for scientific and technological enterprises.

   The financing services provided by the "Technology Innovation Loan" technology financial products for enterprises are mainly based on and supported by the technological innovation indicators of enterprises in the economic development zone. Prior to this, the Science and Technology Entrepreneurship Service Center of the Economic and Technological Development Zone established the "Guiyang Economic and Technological Development Zone Enterprise Comprehensive Technological Innovation Index". The “white list” of the top ten scientific and technological innovation enterprises was selected by objective comprehensive evaluation, and the “white list” was regarded as credit support for scientific and technological financial services. Through "Science and Technology Innovation Loans", the Economic Development Zone implements unsecured and unsecured technological innovation credits for "whitelisted" enterprises and their suppliers, giving full play to the guiding role and leverage of fiscal funds, and solving the problem of corporate financing difficulties. , The problem of high financing costs has helped the technology companies in this jurisdiction continue to grow and develop.

       Guizhou Huifeng Zhongyi Machinery Manufacturing Co., Ltd. and Guizhou Anji Huayuan Technology Development Co., Ltd., which have recently obtained financing loans through the "Science and Technology Innovation Loan", are both "whitelisted" enterprises in the economic development zone's scientific and technological innovation indicators. Technology-based enterprises have huge development potential. Recently, due to the increase in orders from the two companies, there is an urgent need for working capital to purchase materials, increase R&D investment, and promote the transformation of scientific and technological achievements. After understanding the financing needs of the two companies, the Technology Entrepreneurship Service Center of the Development Zone actively cooperated with the Bank of Guizhou to speed up financing. It usually takes 15-20 working days for the approval and loan work to be completed in only 7 days. This scope shortened the approval time, brought "timely rain" to the two companies, and truly achieved what the company needs and wants.