"In view of the difficulties in the development of small and medium-sized enterprises, the ways and means of financial support for small and medium-sized enterprises are constantly exploring and innovating." The relevant person in charge of the Henan Provincial Department of Finance said that the focus of financial support is more prominent. Micro-enterprise technology advancement, transformation and upgrading, support characteristic small and medium-sized enterprises, technology-based small and medium-sized enterprises, and promote the transformation and upgrading of small and medium-sized enterprises in Henan Province."
One hundred million yuan of funds will be used for 281 SMEs in Henan Province, enhancing their innovation capabilities, cultivating a group of SMEs with vitality and market competitiveness, and promoting the transformation and upgrading of Henan's economic structure. The finance of Henan Province also arranged for small and medium-sized enterprises to invest 100 million yuan, special funds for small and medium-sized enterprises of 60.01 million yuan, and development funds for special small and medium-sized enterprises of 118.8 million yuan to support small and medium-sized enterprises to carry out technological progress, energy conservation and emission reduction, collaborative support, brand building, and guide enterprises. And the whole society invests in technology-based SMEs.
In order to promote the “going out†of small and medium-sized enterprises in Henan Province, in 2013, Henan Province raised 67.7 million yuan of funds to support 1578 SMEs to explore the international market. Granting subsidies to Henan SMEs to participate in exhibitions abroad, overseas enterprise management systems and product certification, overseas patent applications, overseas advertising and trademark registration, international market promotion and promotion, e-commerce, overseas acquisition technology and brand, and international market research. Actively support small and medium-sized enterprises to explore emerging international markets and promote the transformation of Henan's foreign trade development mode.
In response to the common problems of loan difficulties in small and medium-sized enterprises, Henan Province raised 59.6 million yuan to support 42 SME credit guarantee institutions to expand the guarantee business, and increased the registered capital and premium subsidies for SME credit guarantee institutions to encourage expansion. Small and medium-sized micro-enterprise guarantee business, alleviating the financing difficulties of SMEs.
“The changes in financial support policies are also reflected in the use and management of funds.†The relevant person in charge of the Henan Provincial Department of Finance said that Henan Province has changed its previous peer-to-peer support methods, expanded its service scope by supporting public service platforms, and improved the financial resources. The fund management is also gradually cut out by the provincial-level centralized review. On the one hand, the advantages of local understanding of the actual situation of the enterprise are exerted, and the support policy is more targeted; on the other hand, the relevant provincial departments can put more energy into the research. Policy, strengthen fund supervision and performance evaluation.
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