R&D expenditure
Special funds can be used for project R&D costs, managed and jointly supervised by the Guangzhou Development District's Development and Reform Department and BIG.
Policy Interpretation URL Text
http://eng.gdd.gov.cn/2023-09/20/c_923116.htm
Funding amount icon
Funding amount text
Up to 5 million RMB
- Medical device projects
- 1st phase - up to 2 million RMB
- 2nd phase - up to 1 million RMB
- Biomedical projects
- 1st phase - up to 3 million RMB
- 2nd phase - up to 2 million RMB
Incubation Management icon
Incubation Management Text
2-5 years
Medical device projects:2-3 years incubation period
Biomedical projects:3-5 years incubation period
Projects are subject to milestone management during incubation.
Fund usage icon
Return of funds text
Repayment
When the conditions for repayment specified in the policy are met, the project company should repay the special funds obtained as required. The special funds do not generate any interest.
Fund return icon
Title of fund return
Funding Repayment
Title of Funding Amount
Funding Amount
Title of fund usage
Funding Usage
Title of Incubation Management
Incubation Period