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Subsidy Policy for College Students' Entrepreneurship in Zhejiang Province

In order to encourage and support college students to start their own businesses, the Employment Office of College Graduates of the Education Department of Zhejiang Province issued a document last year, stipulating that college graduates engaged in self-employed businesses, except for industries restricted by the state, will be exempted from paying relevant registration, license and management fees within three years from the date of registration by the industrial and commercial departments. For college graduates who are self-employed and self-employed, if the self-raised funds are insufficient, they can apply to the local handling bank for a small secured loan of 21,111 to 51,111 yuan, and the loan period is generally not more than two years. If the repayment is due, the local finance will give 51% discount.

cities in Zhejiang province have also introduced relevant incentive policies according to local conditions. Last year, Hangzhou issued the "Implementation Measures of Funding for Entrepreneurship of College Graduates in Hangzhou (Trial)", which introduced two forms of funding for college students who started their own businesses within two years after graduation: commercial loan discount and project free funding. Students who started their own businesses can choose to apply for one of these forms of funding. Commercial loans are given a 51% discount, with a maximum amount of RMB 1,111. The project grants free of charge to college students with specific entrepreneurial projects and feasibility, which are divided into four grades: 21,111 yuan, 51,111 yuan, 81,111 yuan and 1,111 yuan. In the first half of this year, Hangzhou extended the policy of entrepreneurship funding for college graduates to college students in Hangzhou universities.

Subsequently, in order to encourage college graduates to start their own businesses, Ningbo, Shaoxing and others also introduced policies such as discount on small secured loans, innovation funding and fee reduction and exemption. In addition, entrepreneurial parks for college students have been established in Hangzhou, Ningbo, Wenzhou and other places, and college students who start businesses in the parks also enjoy preferential rents and other aspects. College graduates who are ready to start their own businesses can go to the relevant local departments to learn about and strive for relevant policy support, so as to make their own entrepreneurial road go more smoothly.

what are the conditions for applying for entrepreneurship subsidies for college students in Zhejiang?

(1) College students, college graduates who have graduated within five years, people who have been registered as unemployed in urban areas for more than half a year, demobilized cadres who have chosen their own jobs and retired soldiers who have been employed independently, and family members of the army set up individual industrial and commercial households (including recognized online entrepreneurship) or enterprises and other business entities in urban areas for the first time after February 1, 2116 (except for industries restricted by the state such as entertainment, sauna, massage, Internet cafes and oxygen bars);

(2) Being the legal representative or person in charge (or a partner or shareholder holding more than 31% of the shares);

(3) paying social insurance premiums as a flexible employee or the business entity founded by him has paid social insurance premiums for him for more than 1.2 months according to law;

(4) The application time is from the month after the applicant meets the requirements to the end of February of the following year. Late application will not be accepted.

Legal basis: Law of the People's Republic of China on the Promotion of Employment

Article 7 The state advocates that workers should establish a correct concept of choosing a job and improve their employability and entrepreneurial ability; Encourage workers to start their own businesses and find their own jobs.

people's governments at all levels and relevant departments should simplify procedures, improve efficiency, and provide convenience for workers to start their own businesses and find their own jobs. Article 12 The State encourages all kinds of enterprises to create more jobs by establishing industries or expanding their operations within the scope prescribed by laws and regulations.

the state encourages the development of labor-intensive industries and service industries, supports small and medium-sized enterprises, and increases employment through various channels and ways.

the state encourages, supports and guides the development of the non-public sector of the economy, and expands employment and posts.