Jining News Network·Jining News Recently, Shandong Province's "Several Fiscal Policies Concerning Further Supporting the High-Quality Development of the Private Economy" was released, further improving the coverage and accessibility of fiscal policies to benefit enterprises from ten aspects. Today, let’s first learn about the relevant content of “encouraging private enterprises to scientific and technological innovation”.

Private enterprises are encouraged to undertake major scientific and technological innovation projects. The provincial finance will allocate funds, and in accordance with the standard of up to 20% of the project budget amount, support the implementation of about 100 major scientific and technological innovation projects every year, and encourage private enterprises to work with universities and research institutes to carry out major scientific and technological research and development in independent and controllable industrial chain and supply chain, breaking through the technical problems of the industry's "bottleneck" technology. Projects in the agricultural field can be subsidized at a rate of up to 35%.

Support private enterprises to strive to create high-level innovation platforms. The provincial finance raises funds and supports private enterprises to take the lead in creating major innovation platforms such as technology innovation centers. For those newly upgraded to a major national innovation platform, provincial supporting funding will be provided in accordance with relevant regulations; if the state does not require supporting funding, the provincial level will provide 10 million yuan in funding support in accordance with relevant regulations.

Support private enterprises to implement major industrial research on the transformation of new and old kinetic energy. The provincial finance will allocate funds, focusing on the "Top Ten Industries" and green and low-carbon fields, and support a number of major industrial key projects for the transformation of new and old kinetic energy every year, and provide certain subsidies to each project based on the review situation.

Support private enterprises to increase R&D investment. The provincial finance will allocate funds to provide classified subsidies for R&D investment of qualified private enterprises in the previous year, with a maximum subsidy ratio of 5%; enterprises in the integrated circuit field will be given subsidies at 10% of their R&D investment in the previous year. The maximum annual subsidy of a single enterprise is RMB 5 million.

Support the construction of leading incubators for private enterprises. Support private enterprises with conditions to focus on emerging industries and future industrial construction leading incubators, and incubate and cultivate hard technology enterprises with high quality. For recognized incubators, the provincial finance will provide each company with a one-time subsidy of up to 2 million yuan based on the recognition level.

Support private enterprises to protect intellectual property rights. The provincial finance will allocate funds to provide subsidies to the comprehensive intellectual property protection insurance purchased by enterprises at a standard of no more than 60% of the actual insurance premium and up to 400,000 yuan. For countries that belong to high-value patents or enterprise insurance target countries and regions that are jointly built by the "Belt and Road" will have a maximum premium subsidy ratio of 10%, and a maximum subsidy of 500,000 yuan.

Support private enterprises to accelerate the industrialization of innovative drugs and medical devices. The provincial finance will allocate funds to provide support of up to 10 million yuan, 20 million yuan and 30 million yuan for those who convert innovative drugs to complete phase I, II and III clinical trials after review, with a maximum of 40% of the R&D investment, respectively. The cumulative support amount of a single enterprise will not exceed 100 million yuan per year. Support will be given up to 2 million yuan for medical device products that have entered the national special review process for innovative medical devices.

Support private enterprises to use shared scientific research facilities and instruments. For small and medium-sized enterprises and entrepreneurial teams that use shared scientific research facilities and instruments to carry out scientific and technological innovation activities within the administrative region of Shandong Province, the provincial finance will provide innovation coupon subsidies according to the standard of up to 60% of the costs incurred in scientific and technological innovation activities and up to 500,000 yuan per year for enterprises with the same actual controller.