Zhejiang Province: college students who fail to start their own businesses will be compensated by the government if they borrow less than 100,000 yuan

2022-04-23 0 By

On February 17, the National Development and Reform Commission (NDRC) held a press conference to introduce the promotion of supporting the construction of high-quality development and common prosperity demonstration zone in Zhejiang Province.Chen Zhong, deputy director of zhejiang human resources and social security Department, said that college graduates from all over the country are welcome to work in Zhejiang.Chen pointed out that, except for hangzhou urban areas, the hukou limit for graduates with a college degree or above will be fully relaxed, and hangzhou will require a bachelor’s degree or above.College graduates who work in Zhejiang can enjoy living subsidies ranging from 20,000 yuan to 400,000 yuan or housing subsidies.College students who want to start a business can borrow 100,000 to 500,000 yuan. If the business fails, the government will compensate for the loan of less than 100,000 yuan, and 80% of the loan over 100,000 yuan will be compensated by the government.College students engaged in housekeeping, pension and modern agricultural entrepreneurship, the government will give 100,000 yuan of entrepreneurship subsidies, college students to work in these fields, the government will give each year 10,000 yuan of employment subsidies, continuous subsidies for 3 years.College students to Zhejiang internship, local provide living subsidies.Graduates from poor families will be given a subsidy of 3,000 yuan per person to find jobs or start businesses.Source | surging news reporter Hou Jiacheng