Nanchang set up a 1 billion yuan fund to promote the construction of VR/AR industry platform and the implementation of major projects

Recently, VR.com learned that in order to further accelerate the development of virtual reality (VR) and augmented reality (AR) industries, Nanchang City has recently issued "Policies on Accelerating the Development of VR/AR Industry (Revised Edition)" (hereinafter referred to as "Policies" 》), through policies such as encouraging and supporting enterprises, introducing capital, and rewarding talents, promote the construction of the VR/AR industry platform and the implementation of major projects.

Nanchang set up a 1 billion yuan fund to promote the construction of VR/AR industry platform and the implementation of major projects

Will build "China·Nanchang VR Industry Base"

Nanchang will use the Honggutan New District VR Industrial Park and the newly-built AR hardware industrial park as the carrier to plan and construct the "China Nanchang VR Industrial Base", and build a batch of VR/AR industrial data centers, rendering centers, supercomputing centers and application distribution platforms.

Newly introduced VR/AR companies with actual investment in place of 5 million yuan or more will be given a one-time reward of no more than 5 million yuan based on 6% of their investment in place, and major VR/AR companies will also be merged and reorganized. Project evaluation, audit, legal counsel and other preliminary expenses and M&A loan interest will be given a subsidy of no more than 3 million yuan for a single project; for the acquisition of overseas or foreign technology-based enterprises, 10% and 5% of the acquisition amount will be given respectively A single subsidy not exceeding 10 million yuan.

Set up a 1 billion yuan fund for VR/AR incubation

In terms of innovative financing services, a VR/AR industry angel investment fund with a scale of 1 billion yuan was established with social capital, specifically for VR/AR industry incubation and investment development; a VR/AR industry fund of funds with a scale of 1 billion yuan was established to recruit domestic The top management team conducts professional and market-oriented management, and the management team raises 2 billion yuan from investment institutions to establish a VR/AR industry investment fund with a scale of 3 billion yuan to attract leading domestic and foreign VR/AR companies and projects Settled in Nanchang.

The enterprise has accumulated 20 invention patents for the first time, and the award is 100,000 yuan

Nanchang will support VR companies to establish R&D institutions, and provide financial support in accordance with the relevant measures for the construction of corporate R&D institutions, and provide national and provincial key (engineering) laboratories, engineering (technical) R&D centers, and manufacturing industries in the newly recognized VR/AR industry. Innovation platforms such as the Innovation Center will give a one-time reward of 5 million yuan and 500,000 yuan respectively. At the same time, for VR companies (first patentees) that have accumulated 20, 50, or 100 valid invention patents at home and abroad for the first time, a one-time reward of 100,000 yuan, 200,000 yuan, and 500,000 yuan will be given respectively; VR companies that have obtained invention patents from the United States, the European Union, Japan, and South Korea will be given a one-time reward of 50,000 yuan.

Encourage Honggutan New District, High-tech Zone, New District, Nanchang County and relevant municipal departments to carry out VR application pilot demonstrations in multiple fields. Support the holding of various events such as the VR experience exhibition in Nanchang, and give 30% subsidies to domestic-scale events, up to a maximum of 1 million yuan, and 50% subsidies to host international-scale events, up to 2 million yuan.

Provide living allowances for full-time doctoral, master, and undergraduate graduates of VR/AR companies that are newly introduced and settled within three years of graduation in Changsha; VR/AR within five years of graduation for newly introduced and settled VR/AR companies working in Nanchang Industrial Park and Honggutan New District Full-time doctoral students and postgraduates of AR companies will receive a housing subsidy of 100,000 yuan and 60,000 yuan for the first purchase of commercial housing in Chang.

Encourage the establishment of VR/AR majors or the establishment of VR/AR majors in Chang's colleges and universities, and the education department will give a reward of 500,000 to 2 million yuan according to the scale.

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