Pudong 88 million Innovation Fund

Pudong before the date of the establishment of 88 million yuan of Pudong New Area science and technology development fund innovation funds, focusing on targeting the common technical problems, to carry out joint research. The so-called common technology joint research, is a pointer to the common technical bottlenecks in the development of the economy, and the development of Industry Association, drive the core technology and independent intellectual property rights, focus on strengthening research. The key technical problems to be solved urgently need to be solved in the market, and the relevant enterprises in the society will be able to benefit generally, so as to enhance the technical level of the whole industry. In the traditional lighting as an example, the tungsten lamp previously used not only pollution, high energy consumption, and the life is too short, if the chip technology of GaN based vertical LED resolved, can prolong lamp life, saving cost, quasi level LED light source lighting industry will have a large-scale implementation. Pudong aimed at common technical problems set up innovative funds, changed the original special science and technology projects, the amount of money less, sprinkle pepper style funding. This year, innovative funds for eight key technologies, providing nearly 10 million yuan of funds to help break through the bottleneck of the industry, so that technology can be used as soon as possible. This eight technology involves four aspects, respectively on the passive optical network (GPON) with high sensitivity process of industrialization of light receiver main amplifier and integrated circuit development, high sensitivity receiver burst optical preamplifier and integrated circuit development, based on the AVS - M mobile audio and video industry high speed decoding key technology research, mobile phone TV Research on the key technology of mobile video monitoring technology research, quasi lighting LED light source industry of the GaN based vertical LED chip technology research and development of traditional Chinese medicine, modern medicine and cardiovascular anti-tumor treatment of major diseases of modern. According to reports, where registered in Pudong New Area, the new district tax bureau is directly responsible for the collection and management of the financial management of enterprises and institutions, can apply for annual innovation funds. Increase funding efforts after a single project funding of up to 300 thousand yuan on average; the science and technology science and technology project hosted in the figure, the funding of up to 1 million yuan; to engage in R & D institutions of biological medicine, software, microelectronics and other key areas of national enterprise projects up to 5 million yuan subsidy. At the same time, the adjustment of the conditions for the declaration of innovation funds to become more humane, canceled the age limit for applicants in the entrepreneurial talent project, to encourage older high-end professionals with the project to implement the industrialization of Pudong.