How long can you receive the entrepreneurial fund

The speed of approval varies from place to place, usually about three months.

The following conditions are required for the business start-up subsidy

(1) The target of the subsidy:

Students of ordinary schools of higher education, vocational schools, and technical colleges and universities (within five years of enrollment in and graduation from school).

Returnees who have studied abroad (within 5 years of receiving their degree certificates).

(2) subsidy standard: the above people successfully start their own business (the city to receive a business license or other legal institutions registered, I am the legal representative or principal), apply within 1 year from the date of receipt of business license and normal operation for more than 6 months, each household will be given a one-time business start-up grant of 5,000 yuan.

(3) Application time: two months as the cycle of application for subsidy programs. Applicant units or individuals in the first month of the reporting cycle (

September, November) 20 days before the application to the Center for Higher Indicators.

(D) application materials

Business license, a copy of the tax registration certificate (due to the October 1, 2015, the new business license, organization code and tax registration certificate of three certificates, then submit the corresponding materials are not required to separate already).

Bank account opening license/corporate Chinese bank passbook copy.

Copy of social security registration certificate.

Copy of graduation certificate / original proof of school attendance.

Copy of ID card.

(E) Explanation

The above documents must be submitted together with the originals for verification. If the applicant is the main person in charge of the entrepreneurial enterprise (non-legal representative), the applicant is required to provide the seal of the industry and commerce department to confirm the relevant proof about the shareholders of the company, i.e., "Application for Company Registration (Filing)".

Returnees who have studied abroad are required to provide relevant certificates certified by the education department.

Legal Basis:

Article 15 of the Employment Promotion Law of the People's Republic of China*** and the State implements fiscal policies conducive to the promotion of employment, and increases capital investment to improve the employment environment and expand employment. The people's governments at or above the county level shall, in accordance with the employment situation and the objectives of the employment work, arrange for special funds for employment to be used in the financial budget for the promotion of employment. Special funds for employment are used to subsidize job placement, vocational training, public welfare positions, vocational skills appraisal, specific employment policies and social insurance, etc., as well as to subsidize microcredit guarantee funds and microcredit guarantee loans for micro-profit projects, and to support public **** employment services. The use and management of special funds for employment shall be regulated by the financial department and labor administrative department of the State Council.