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What are the requirements for setting up a venture foundation?
1. Projects supported by venture capital funds shall meet the following conditions:

(1) High-tech and innovative scientific and technological projects in line with national industrial policies;

(2) The product has large market capacity, strong market competitiveness and good potential economic benefits and social benefits;

(3) The project should be mature, mainly in the research and development stage.

The project is in the research and development stage: it refers to a series of technical work carried out by the project to develop new technologies, new processes, new products, new methods and new devices or substantially improve existing technologies, products and production processes, and the results should be prototypes (samples, prototypes) with the basic characteristics of new products or new technologies.

2 individuals or legal persons applying for venture capital funds shall meet the following conditions:

(1) The applicant or the legal representative of the enterprise is a college student (including a master's degree student). Doctor).

(2) Mainly engaged in research, development, production and service of high-tech products.

(3) The applicant has strong market development ability, high management level and continuous innovation consciousness.

(4) Excellent academic performance during school and no bad school records.