Guangzhou Development District bets big on nano tech

The public technology service platforms include those focused on nano processing technology, nanotechnology pilot plant testing and application promotion, nanotechnology testing and analysis, nano biological effects and safety research.

According to the policies, if a newly established nanotechnology enterprise with a registered capital of more than 10 million yuan rents property for offices, Guangzhou Development District will offer the enterprise a subsidy equal to 50 percent of the rent for three years, with an annual maximum subsidy of 1 million yuan.

As for companies with a registered capital of more than 10 million yuan that purchase property for offices, the district will provide a one-time subsidy amounting to 10 percent of the purchase price, with a maximum subsidy of 5 million yuan.

The policies also allocate subsidies for high-level nanotechnology industry summits, forums and academic exchange activities.

After the approval of the departments of science and technology of Guangzhou Development District, event organizers can receive a subsidy equal to 30 percent of the event's costs. The maximum subsidy for each event is 1 million yuan.

The incentive policies also support small, medium- and micro-sized nanotechnology enterprises.

The district will select a maximum of 10 small, medium-and micro-sized companies among those with revenues of more than 10 million yuan in the previous year, and offer equity investment. The maximum equity investment for each enterprise is 5 million yuan.