The Ministry of Finance, Ministry of Industry and Information Technology issued a notice on the 13th that the revised “Measures for the Management of Special Funds for the Development of Small and Medium-sized Enterprises†has been released a few days ago. The use and management of special funds in the future will be tilted toward small and micro enterprises and the Midwest. The new management measures are clear for the first time: Special funds are mainly used for the following aspects: First, to promote the structural adjustment and optimization of SMEs, especially small and micro enterprises. The second is to improve the service environment for SMEs, especially small and micro enterprises. Regarding the use of special funds, the original management measures include “gratis financial assistance, loan interest subsidy, and capital injectionâ€. The new management approach is “gratis financial assistance, loan interest subsidyâ€. With regard to the amount of unpaid subsidies for special funds and the amount of loan interest subsidies, the original management measures proposed: “The amount of unpaid subsidy for special funds, each item is generally controlled within 3 million yuan. The amount of special fund loan interest subvention ... up to no more than 3 million yuan "The new management measures have been reduced to "Each project generally does not exceed 2 million yuan." However, it stipulates: “The maximum amount of support for improving the service environment for SMEs, especially small and micro enterprises, should not exceed 4 million yuan.†Li Quan, a researcher at the Finance Research Institute of the Ministry of Finance, said in an interview with the reporter of the Economic Information Daily that reducing the ceiling of each project from 3 million yuan to 2 million yuan will help avoid the high-profit, medium-sized enterprises from finishing reports and fraudulent subsidies. To make room for financial support for small and micro enterprises that are short of funds. He also stated that although the quota limit is reduced, the majority of small and medium-sized enterprises can still seek the industrial fund set up by the SME Innovation Fund of scientific and technological systems, scientific and technological achievements conversion fund, and other government departments such as the National Cultural Industry Investment Fund and the Agricultural Industry Investment Fund. financial support. Li Quan suggested that the financial support of SMEs could achieve various forms of innovation. If financial funds are used to guide social funds to invest in shares together, fiscal funds do not require the same interest to be paid in the same stocks, and even convert shares into debt. Tungsten Carbide Bushing And Rings
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