“Green Valley Scholars” Program in Technological Innovation
What is GVS Program in Technological Innovations?
Sponsored by BTC, the program is devoted to financially supporting tech-related start-up teams and welcoming their projects in technological innovations. The program helps bridge teams and individuals, who aspire to commercialize and expand their projects beyond national borders, withBTC’s abundant resources in China and Europe.
As an international program, GVS accumulates information from its partnering technology centers scattered around the globe and gathers perspectives from all researchers, industry pioneers, and entrepreneurs. Such is to prevent information asymmetry and ensure every accepted project can successfully and sustainably commercialize in future.
What is eligible for GVS?
Innovative technology-oriented start-up projects.
The start-up idea must exhibit sustainable potentials for commercial success.
Start-up projects which wish to enter Chinese and global markets.
Innovative services offering substantial benefit for the society.
Who is eligible for GVS?
Have work experience in junior or senior management in companies. Have refined knowledge in related industries and regulations.
One of the team members should own patents in inventions or industrial designs. Or have developing projects in entrepreneurship with leading technology, and the project should be promising and unique to the society development.
One project should have only one applicant.
What Benefits does GVS Have?
Entrepreneurship: 100 to 300 square meters of rent-free workplaces or subsidy proportionate to rent in China
Funds to Projects in Entrepreneurship (paid in three periods by the ratio of 4:3:3) (all numbers are approximate evaluation and will vary in each year)
Major projects: 1.3-million Euro
Type A: 600-thousand Euro
Type B: 350-thousand Euro
Type C: 100-thousand Euro
Funds to Projects in Innovation (all numbers are approximate evaluation and will vary in each year)
a subsidy of 70% of the firm’s annual revenue including tax
Long-term projects: a subsidy of no more than 10-thousand Euro, for no longer than 5 years
Short-term projects: a subsidy of no more than 5-thousand Euro, for no longer than 3 years
a subsidy of 60% of the firm’s annual revenue including tax
Long-term projects: a subsidy of no more than 6-thousand Euro, for no longer than 5 years
Short-term projects: a subsidy of no more than 3-thousand Euro, for no longer than 3 years
a subsidy of 50% of the firm’s annual revenue including tax
Long-term projects: a subsidy of no more than 4-thousand Euro, for no longer than 5 years
Short-term projects: a subsidy of no more than 1-thousand Euro, for no longer than 3 years
for the companies qualified for this program, if receive loan of an interest rate higher than the benchmark interest rate, will receive subsidy equal to the amount of extra interest paid. One company should not receive more than 100-thousand Euro (all numbers are approximate evaluation and will vary in each year) subsidy for paying for extra interest.
Bonus are given to companies based on their annual revenue (all numbers are approximate evaluation and will vary in each year)
Annual revenue of 3-million Euro: 70-thousand Euro of subsidy
Annual revenue of 6-million Euro: 180-thousand Euro of subsidy
Annual revenue of 15-million Euro: 500-thousand Euro of subsidy
Annual revenue of 25-million Euro: 630-thousand Euro of subsidy
Annual revenue of 40-million Euro: 750-thousand Euro of subsidy
Annual revenue of 66-million Euro: 1-million Euro of subsidy
Discount to housing, school tuition, medical care, and physical therapies
What Steps Need to Be Taken?
Email us for the application forms.
Once qualified, submit paper forms
After acceptance to the program, council meetings will be held to evaluate projects, two times annually.
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