Announcement on the Introduction of the 14^th Group of Leading Entrepreneurial Talent for the “Longcheng Talent Program”

by

Office of Changzhou’s Leading Group for Talent Management

Changzhou Municipal Human Resources and Social Security Bureau

CRS (2020) No. 20

Acting under the Advice of the CPC Changzhou Municipal Committee and Changzhou Municipal People's Government on Deepening the Reform and Innovation of the “Longcheng Talent Program” (CF [2017] No.24), the Notice on the Implementation of Advice on Vigorously Promoting the “Star City” Initiative and Strengthening Talent-Driven High-Quality Development Issued by the Offices of the CPC Changzhou Municipal Committee and Changzhou Municipal People's Government (CBF [2018] No. 74), as well as the Implementation Measures to Accelerate the Introduction and Cultivation of Leading Talent for Startups for the “Longcheng Talent Program” (CRSF [2018] No.276), it has been decided that the introduction of the 14th group of leading entrepreneurial talent for the “Longcheng Talent Program” will be carried out pursuant to the Notice on Improving Talent Management While Continuing to Implement COVID-19 Control Measures (CRCB [2020] No.1), as part of efforts to effectively implement the innovation-driven development strategy and the strategy to make Changzhou a talent-strong city, to broaden the vision, and to accelerate the introduction and pooling of innovative and entrepreneurial talent from home and abroad. The regulations concerned are hereby as follows:

I. Who are eligible?

Businesses established and led by leading talent newly introduced outside of the city (Changzhou’s colleges included), with the following conditions met at the same time:

1. The startups in possession of leading technologies and independent intellectual property rights, with good prospects for business growth and industrial development.

2. Leading talent holding a master’s degree or above, aged under 55, with at least five years (or two years if the person holds a doctoral degree) of working experience in R&D or management positions at well-known enterprises, universities, scientific research institutes and the like at home and abroad.

3. Leading talent positioned as executives of startups (in accordance with the information registered at authorities for industry and commerce).

4. Where natural persons made monetary contribution directly to the startup in an amount of no less than one million yuan, the leading talent has contributed no less than 30% of the registered capital (or no less than 20% should the registered capital exceed 10 million yuan) or has been the largest shareholder (who is the largest contributor in both subscribed and paid-up capitals).Where contribution is not made directly by natural persons but a holding company, the leading talent's paid-in monetary contribution to the startup shall be no less than one million yuan (calculated via multiplying the leading talent’s ownership percentage in the holding company by the holding company’s monetary contribution to the applying startup), with shareholding not less than 30% (calculated via multiplying the leading talent’s ownership percentage in the holding company by the holding company’s equity percentage in the applying startup).

5. The startups that had been registered at Changzhou’s authorities for industry and commerce for less than 18 months as of January 1, 2020.

6. The startups with at least two employees who are not shareholders (except in the case of equity incentives for full-time employees), are under the coverage of social security system.

II. What are the incentives?

1. Funds from the city and districts under the jurisdiction of Changzhou: financial support of one million yuan or more will be provided by the bureau of finance of where the startups were incorporated by leading talent.

2. Funds from Changzhou municipality: startups incorporated by leading talent within 5 years of registration will be subsidized ranging from 500,000 to 6,000,000 yuan as per their “comprehensive contribution”. If the startups meet more than one criterion, they will be granted the highest amount of financial support, making up to the corresponding standard on top of the original subsidy.

3. Priority is given to the startups in recommending and applying for national and provincial talent plans as well as scientific and industrial projects.

4. The startups incorporated by leading talent, depending on where they were registered, are entitled to the supportive incentives of the city and districts under the jurisdiction of Changzhou in a prioritized fashion.

 III.   How to implement the policy?

1. To support micro, small and medium enterprises (MSMEs) while continuing to implement the COVID-19 control measures, online application is now available for the 13^th group of leading entrepreneurial talent for the “Longcheng Talent Program”. The applicants will be able to register and settle down their startups within 12 months after being included into the Program. The period of applying for municipal support funds can be extended by one year.

2.  Log in to the application platform of Leading Talent Program on the website of “Longcheng Talent Network”  and apply online as required. The application deadline is May 15, 2020.

3.  The city and districts under the jurisdiction of Changzhou are encouraged to carry out project selection using videos and other methods through the Internet.

4.  Support funds from the city and districts under the jurisdiction of Changzhou will be put in place pursuant to the requirements and procedures of their respective regions.

5.  Funds from Changzhou municipality will be applied by the Municipal Bureau of Human Resources and Social Security every year and, upon review and approval, will be put in place according to relevant requirements and procedures.

IV.     Contact information

1. Office of Changzhou's Leading Group for Talent Management

Address: Rooms 2406 and 2407, Block A, Building 1, 1280 Longcheng Avenue, Changzhou

Tel.: 0519-85680618     Fax: 0519-85680648

Email: czrcgz@163.com

2. Office of Liyang's Leading Group for Talent Management

Address: Room 2921, 9/F, 18 Nanhuan Road, Liyang

Tel.: 0519-87269070     Fax: 0519-87269063

Email: 644046153@qq.com

3. Office of Jintan District's Leading Group for Talent Management

Address: Room 930, Block A, 1 Qingfeng Road, Jintan District, Changzhou

Tel.: 0519-82822295     Fax: 0519-82889660

Email: jtqrcb@163.com

4. Office of Wujin District's Leading Group for Talent Management

Address: Room 537, Building 1, Administration Center of Wujin District, Changzhou

Tel.: 0519-86310147, 86312399     Fax: 0519-86310563

Email: czwjrck@163.com

5. Changzhou Science and Education Town Administration Committee

Address: Room 1210, Block A, Science and Education Auditorium, 18 Middle Changwu Road, Changzhou

Tel.: 0519-86339762     Fax: 0519-86339555

Email: czkjcrc@163.com

6. Changzhou Economic Development Zone’s Talent Management Office

Address: Room 8038, 168 East Dongfang Road, Changzhou

Tel.: 0519-88387256     Fax: 0519-89863087

Email: 671229822@qq.com

7. Office of Changzhou Hi-tech District’s Leading Group for Talent Management

Address: Room 1814, 8 Hengshan Road, Xinbei District, Changzhou

Tel.: 0519-85178256     Fax: 0519-85127386

Email: czgxqrcc@163.com

8. Office of Tianning District’s Leading Group for Talent Management

Address: Room 2227, Tianning Scientific and Technological Promotion Center, 256 North Zhulin Road, Changzhou

Tel.: 0519-86663755     Fax: 0519-86663879

Email: jscztnrc@126.com

9. Office of Zhonglou District’s Leading Group for Talent Management

Address: Room 919, 88 Xinggang Road, Zhonglou District, Changzhou

Tel.: 0519-88890919     Fax: 0519-88890919

Email: czzlrcb@163.com

10. Changzhou Human Resources Center

Address: Room 314, 3/F, 35 Beizhi Street, Changzhou

Tel.: 0519-86620750       Fax: 0519-86670355

Email: 7896654@qq.com

Office of Changzhou’s Leading Group for Talent Management

Changzhou Municipal Human Resources and Social Security Bureau

February 28, 2020

(Published Publicly)

Office of Changzhou Municipal Human Resources and Social Security Bureau

Printed and Distributed on February 28, 2020