China’s Torch Program – the glow that can light the world (Part 2 of 5)
Steve Blank
APRIL 11, 2013
It did so by building a national network of a 1,000+ Productivity Promotion Centers. Set up in 1999, Innofund offers grants ($150 – $250K), loan interest subsidies and equity investment. They provide consulting, promotion, product testing, hiring, training and incubation services to startups. Seed Funding (Innofund).
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