The government fund application report (feasibility study report) refers to a kind of report issued by project investors in order to obtain the support of government special funds. Government financial support includes investment subsidies, incentives, subloans and loan discounts. In 2008, in order to deal with the world financial crisis and stimulate economic consumption, the state plans to invest 4 trillion yuan, especially to promote the development of small and medium-sized enterprises and help small and medium-sized enterprises survive the winter. Therefore, in the next few years, the financing channels supported by government funds will provide great opportunities for the development of small and medium-sized enterprises, and the production of an excellent feasibility report and capital application report is the key point for small and medium-sized enterprises to solve the bottleneck of capital and financing.
Chinese governments at all levels have set up a wide variety of funds and special funds to provide targeted assistance and support to the development of small and medium-sized enterprises. With the promulgation of the Law on the Promotion of small and medium-sized Enterprises, the government has also set up a special development fund for small and medium-sized enterprises to start businesses, support technological innovation, encourage professional development and open up international markets.
Every year, a large amount of funds are spent on R & D, technological innovation and achievement transformation of technology-based small and medium-sized enterprises. In addition, in order to promote the development of local science and technology, foreign trade and economy, local governments take money from local finance to set up special fund plans to support small and medium-sized enterprises. Small and medium-sized enterprises can apply for and obtain the support of central or local financial funds as long as they are in line with national and local industrial policies, no matter in the seed stage, start-up stage, initial growth stage or rapid growth period.
The central government currently has six special funds to support small and medium-sized enterprises. Including: the technological innovation fund for technology-based small and medium-sized enterprises established in 1999, the international market development fund for small and medium-sized enterprises established in 2000, the transformation fund for agricultural scientific and technological achievements established in 2001, the special subsidy fund for the service system for small and medium-sized enterprises established in 2003, the special fund for the development of small and medium-sized enterprises established in 2004, and the special subsidy fund for the platform service system for small and medium-sized enterprises established in 2004. By the end of 2007, the central government had allocated a total of nearly 17 billion yuan for these six special funds.
At present, the financial support of our government to small and medium-sized enterprises is mainly manifested in special fund investment and industrial policy fund investment.
National special fund
Special funds refer to the funds specially invested by the state for the purpose of small and medium-sized enterprises. According to the relevant provisions of the Law of the people's Republic of China on small and medium-sized Enterprises, the State establishes a Development Fund for small and medium-sized Enterprises, which is used for the following matters to support small and medium-sized enterprises: entrepreneurship guidance and services; support for the establishment of a credit guarantee system for small and medium-sized enterprises; support for technological innovation; encourage professional development and collaboration with large enterprises Support small and medium-sized enterprise service organizations to carry out personnel training, information consultation and other work; support small and medium-sized enterprises to open up the international market; support small and medium-sized enterprises to implement cleaner production.
In recent years, with the rapid development of small and medium-sized enterprises, the state has paid more attention to small and medium-sized enterprises. Relevant state departments and provinces and cities have issued special funding policies to support the development of small and medium-sized enterprises. These funds are characterized by low interest, even interest-free, long repayment period, and even no need to repay. However, to obtain these funds must meet certain policy conditions. Professor Wang Tiejun said that although small and medium-sized enterprises will be restricted in applying for funds, many small and medium-sized enterprises do not know about the special funds set up by the government, causing many projects that meet the application requirements to abort due to funding problems.
Industrial policy funds
Industrial policy investment refers to the policy support investment provided by the government in order to optimize the industrial structure and promote the industrialization of high-tech achievements. The types of industrial policy investment in China mainly include financial subsidies, discount loans, preferential loans, tax concessions and government procurement, etc., to establish and improve the financial support policy system for small and medium-sized enterprises from the aspects of financial expenditure, loan assistance, taxation and so on.
In recent years, the preferential policies for small and medium-sized enterprises issued by the state mainly include: preferential tax policies to encourage technological progress of small and medium-sized enterprises; preferential tax policies to support the tertiary industry; tax and financial policies to support small and medium-sized high-tech enterprises; preferential policies for laid-off workers to establish small and medium-sized enterprises; preferential tax policies for small and medium-sized welfare enterprises and other general tax preferential policies applicable to small and medium-sized enterprises.
How to apply for and get the support of government funds? The main steps are as follows:
First, as the decision maker of an enterprise or the main person in charge of operation and management, we should not only pay attention to technological development and product market, but also grasp financing and learn to deal with the government. Some people always find it troublesome to deal with the government, which is a kind of prejudice.
Second, to understand which industries are supported by the government, what specific regulations there are, whether their own enterprises meet the requirements for application, how to create conditions if there are not enough conditions, what materials and procedures are needed for application, and so on. There are usually several ways to learn and learn: through the websites of various government departments; by talking directly to the relevant authorities of the government; through some activities and lectures organized by trade associations and associations; through experts, professionals and intermediaries.
Third, do a good job of preparation before application, or consider how to package yourself. Packaging is not fake, but through detailed analysis and evaluation of the enterprise's core technology, production market strengths and weaknesses, development potential, financial situation, and fully excavate the intrinsic value of the enterprise. this is what we usually call value discovery. In addition, more attention should be paid to increasing the company's intangible assets, such as the testing and appraisal of products, the formulation of enterprise standards, the application of patents, trademarks and copyrights, the identification of scientific and technological achievements, the selection of scientific and technological progress awards, the credit rating of enterprises, the application of key new products, the evaluation of credibility and abiding by contracts, the selection of export foreign exchange earning enterprises, and then the identification of ISO9000 quality system; high-tech projects (enterprises) or software enterprises.
4. After understanding that the relevant policies and basic conditions of the enterprise are generally met, you can submit the application materials in accordance with the prescribed procedures and begin to enter the review process. In this process, the application materials must be fully prepared to reflect the intrinsic value of the company as much as possible; at the same time, you must proactively contact and communicate with personnel from relevant government authorities so that they can have a deeper understanding of the basic situation of your company, especially the management team. This is very similar to doing product marketing. Companies must also do brand promotion, especially when it comes to winning government resources. The necessary public relations and credit relationships must be established, so that the government can understand that the company is leading in technology in the industry, has good financial status, is operating normally, has broad market prospects, and is strong management teams.
