2 billion technical innovations

Recently, the Ministry of Science and Technology and the Ministry of Finance have completed the validation work for the second batch of projects approved for the 2011 Technology Innovation Fund for SMEs.

The relevant experts and units of the Science and Technology SME Technology Innovation Fund Management Center of the Ministry of Science and Technology organized assessments and assessments, and approved 2,707 projects for the second batch of SME technology innovation fund projects, all of which were gratis subsidy projects. The central budget plan allocated 19.8791 yuan. Billion yuan, for the first time, allocated 15.3818 billion yuan of funds. Among them, there are 2009 technological innovation projects, with a planned funding of 1.491 trillion yuan; 517 grants from public technical service agencies, 341 million yuan of planned funding, 181 venture capital guiding funds, and 150 million yuan of planned funding.

A number of instrument and meter companies were fortunate enough to receive this grant fund, as detailed in the above table: