Care for the healthy growth of "innovation seed"

2023-10-31 17:40:49   Mao Tonghui   Source: Economic Daily    Editor in charge: Lin Huali   

Anhui Hefei set up a seed fund with a total scale of 500 million yuan to provide financial support for "original innovation, source innovation and integrated innovation"; Shandong Linyi High tech Zone has introduced the enterprise innovation credit system, established a cooperation mechanism with financial institutions, and developed special scientific and technological financial products of "innovation credit credit"... In recent years, focusing on the characteristics and needs of start-up scientific and technological innovation enterprises, many places have increased financial and tax support, innovated financial products, helped enterprises resolve financing bottlenecks, protected the growth of seed enterprises, and promoted scientific and technological innovation and industrial upgrading.

Science and technology innovation enterprises in the start-up stage are at the forefront of emerging industries and future industrial development, and are the vanguard of innovation driven development. However, as it is still in the seed stage and the initial stage, although it has great development potential, due to the problems of small scale, light assets, difficult valuation, and low credit level, many start-ups often face financing difficulties, and are often stretched in terms of technology equipment purchase, talent introduction, R&D and innovation investment, project development, etc.

To grasp innovation is to grasp development, and to seek innovation is to seek the future. Whether governments at all levels or various financial institutions and social funds, attaching importance to and strengthening the support for start-up scientific and technological enterprises is to empower industrial upgrading and enhance high-quality development. Science and technology innovation enterprises in the start-up stage are like seeds and seedlings, with shallow foundation and weak development, so they need more policy support, capital support and service support from all aspects. With "sunshine, rain and dew", they are expected to grow from seeds and seedlings to towering trees.

We should increase policy support and cultivate "innovation seeds". Science and technology innovation enterprises in the start-up stage are the high-quality tax sources in the future. Governments at all levels should play a supporting and guiding role based on helping the early, the small and the excellent. They should provide necessary support and incentive policies for science and technology innovation enterprises in the start-up stage by setting up guidance funds, providing tax preferences, relaxing investment restrictions and other ways, so as to light up the growth path of seed enterprises with warm policies.

We should foster diversified ecology and protect the "seed of innovation". As professional institutions, angel investment, seed funds, etc. are of great significance to start-ups. They can not only provide funds for enterprises, but also standardize corporate governance through business guidance to improve the success rate of projects. To this end, all regions should focus on supporting emerging industries and future industries, speed up the cultivation of diversified innovation support systems, and let venture capital, angel investment, seed funds, science and innovation funds, bonds and various market-oriented funds work together to promote the full flow of innovation sources.

We should innovate financial products and water the "seed of innovation". Financial institutions all over the country should actively explore and launch loans for the transformation of scientific and technological achievements, intellectual property pledge financing, credit loans for small and medium-sized enterprises, talent loans, and credit system for enterprise innovation points for start-ups. To provide financial support for scientific and technological innovation, financial institutions themselves need to anchor the technological characteristics of enterprises, strengthen financial product innovation, and activate the spring water of scientific and technological finance.

(Contributed by China Economic Network)