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University students' businesses receive financial support

Updated: 2014-12-26 17:52
By Shi Zihan
(chinadaily.com.cn)

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Three enterprises in the Kunming Hi-Tech Zone that were initiated by university graduates received financial support from the Western China Human Resources Development Foundation and Kunming's government, valued at 95,000 yuan ($15,300).

The selected innovative undertaking projects include a catering marketing project of Kunming Zhenhe Technology Co, Anzhi original novels and comic sharing platform of Yunnan Anrou Technology Co, and a credit analysis of the Internet loan service platform based on big data that was developed by Kunming Dite Technology Co.

The Business Incubator Management Center in the Kunming Hi-Tech Zone said the three young enterprises have strong competitiveness in their fields. The financial support not only eased the burdens of the young entrepreneurs, but also encouraged more university students to start their own businesses and helped promote the students’ innovative undertaking in the Zone.

The Western China Human Resources Development Foundation and Kunming's government organized such an assessment activity to select promising enterprises and projects that had been initiated by university students. Altogether 164 projects participated in the activity and 42 projects were rewarded with financial support.

By Shi Zihan and edited by Brian Salter

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