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A total of 100 million yuan has been invested for the industrial and information technological development in Yuyao
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Till now, a total of 100 million yuan has been invested for industrial and information technological development in Ningbo. 14 micro and small enterprises have received a total investment of

97.7637 million yuan, driving the project equity investment amount to 32.842 million yuan. Of the 14 micro and small enterprises, 2 are located in Yuyao and another 3 are to move to Yuyao in the first half of next year.

Recently, according to the requirements of the Ningbo Municipal Party Committee and Ningbo Municipal Peoples Government, Ningbo set up the fund of 100 million yuan in total for investment in industrial and information technological development under the guidance of the governmental institutions and professional management for market operation. Out of the total amount of the fund, 30 million yuan were financial contribution. The fund is under management of an entrusted organization and has been invested in accordance with the needs of the market with the purpose of adjusting and perfecting the supporting mode of the financial support and making full use of the financial contribution for introduction of social investment into the real economy and for innovative development of enterprises.

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