Relevant entities,

To regulate the management of incubators for scientific and technological enterprises in Fengtai District, and guide the healthy development of incubators for scientific and technological enterprises in Fengtai District, the Measures for the Identification of Incubators for Scientific and Technological Enterprises in Fengtai District (Revision) is hereby issued for your implementation. The original Measures for the Identification and Management of Incubators for Scientific and Technological Enterprises in Fengtai District (Feng Ke Zi [2012] No.9) shall be terminated.

Fengtai District Commission of Science and Technology of Beijing Municipality

July 7, 2016

Measures for the Identification of Incubators for Scientific and Technological enterprises in Fengtai District (Revision)

Chapter 1 General Provisions

1. The Measures is revised by reference to the Measures for the Identification and Management of Incubators for Scientific and Technological Enterprises (Guo Ke Fa Gao [2010] No.680) of the Ministry of Science and Technology and the Measures for the Identification and Management of Specialized Incubation Bases of High-tech Industry in Beijing Municipality (Jing Ke Fa [2010] No.700) of the Beijing Municipal Science & Technology Commission, and in combination with the actual conditions of Fengtai District, to regulate the management of incubators for scientific and technological enterprises in Fengtai District, guide the healthy development of incubators for scientific and technological enterprises in Fengtai District, improve their incubation capabilities, and create a good environment for the growth of scientific and technological type and entrepreneurial enterprises in Fengtai District.

2. For the purpose of the Measures, incubators for scientific and technological enterprises in Fengtai District (hereinafter referred to as the “incubators”) refer to those specialized and market-oriented incubation institutions for scientific and technological enterprises which are identified by the Fengtai District Commission of Science and Technology (hereinafter referred to as the “Commission”) that have gathered a certain number of incubated enterprises in specialized technological fields, possessed strong professional service capabilities, and achieved good enterprise incubation results.

Chapter 2 Main Functions and Objectives

3. The main functions of an incubator is to provide incubated enterprises with venues and shared facilities for research and development, trial production, and operation, as well as services on policies, laws, finance, investment and financing, corporate management, human resources, marketing, and accelerated growth, through entrepreneurship training, mentoring and consulting, to reduce entrepreneurial risks and costs, improve the survival rate and growth of enterprises, and cultivate successful scientific and technological enterprises and entrepreneurs.

4. The development objectives of an incubator are to implement the independent innovation strategies, create a local optimized environment suitable for scientific and technological entrepreneurship, cultivate high-end, forward-looking and leading early-stage enterprises in strategic emerging industries, contribute to regional industry upgrading and adjustment of economic structure, and promote the transformation of economic growth models.

5. An incubator shall establish pre-incubation systems for entrepreneurship training, counseling, and mentoring, improve the enterprise growth acceleration mechanism, promote the construction of enterprise  accelerators in incubators which are composed of in-depth services such as physical spaces, strategic programmes, funds, technologies, talents and markets, raise the survival rate of entrepreneurial enterprises, and meet the high-growth development needs of graduating enterprises.

6. Large enterprises and scientific research institutions are encouraged to establish professional incubators to form an accumulation of professional technologies, projects, talents, and service resources, promote technological upgrading and adjustment of economic structure in traditional industries, and enhance the industrial competitiveness.

7. Incubators are encouraged to circle around the entrepreneurship and employment of college students, create entrepreneurship incubation bases for college students, form the strategic cooperative relationship with universities and scientific research institutions, create the entrepreneurial environment, improve the incubation functions, guide college students to make entrepreneurship and get employed in Fengtai District, and promote the regional economic and social development.

Chapter 3 Conditions and Procedures for Identification of Incubators

8. The Commission is responsible for the identification of incubators in Fengtai District, with identification results made public.

9. An incubation institution for scientific and technological enterprises, which is established according to law and registered with industry and commerce and tax authorities in Fengtai District, and meets the following conditions, may apply for being identified as an incubator for scientific and technological enterprises in Fengtai District:

(I) It has independent legal person qualification, perfect internal management systems and financial systems, and good operation conditions;

(II) It has more than 90% of the management personnel with a college degree or above; the principals and the management team with strong market development capabilities, operation and management levels, and continuous innovation awareness;

(III) It has an incubation site of 3,000 square meters or larger, and certain area of shared spaces and public service facilities, and incubation site area covering no less than 75% of the total area of incubation institution;

(IV) It has more than 20 incubated enterprises, and the number of annual graduating enterprises accounts for no less than 15% of that of incubated enterprises;

(V) It owns incubation funds of no less than RMB2 million, and has the ability to invest in or provide financing guarantees for incubated enterprises;

(VI) It has the ability to gather scientific and technological resources, and actively construct software and hardware of its own professional service platforms, and establish close cooperation relationship with institutions of higher learning, enterprises, and other institutions in scientific and technological conditions and resources; and it made input of a certain amount in platform construction, transformation of scientific and technological achievements, or resource integration in the last year;

(VII) It possesses professional service capabilities in terms of scientific and technological conditions, technological transfer, professional financing and investment, professional consulting, and marketing; and

(VIII) It has an optimized income structure. In principle, the annual service income of last year shall account for 20% or more of the total income, or grow at a rate of 10% or more for at least two consecutive years.

10. An incubated enterprise shall meet the following conditions:

(I) The incubated enterprise shall be established according to law and registered with industry and commerce and tax authorities in Fengtai District, have independent enterprise legal person qualification; office and incubation operation sites within the incubation site; and have registered capital generally not exceeding RMB3 million, incubation period generally not exceeding 3 years, and the area of the leased incubation site less than 500 square meters;

(II) The incubated enterprise shall be mainly engaged in the R&D and production of high-tech products, and submit statistical statements to incubation institutions as required;

(III) The incubated enterprise shall have a stable technology management team, more than 80% of the personnel with a college degree or above, and the principals who are technology or management persons familiar with the product research and development of the enterprise;

(IV) The main projects (products) which are researched and developed, and produced by the incubated enterprise shall conform to the development direction of national strategic emerging industries, meet the national energy conservation and emission reduction standards, and conform to the economic and social development direction of Fengtai District; and

(V) The projects (products) which are developed by the incubated enterprise shall have clearly defined intellectual property rights without disputes.

11. The operation entities of incubators shall file the written application with the Commission, fill in the incubator identification declaration form, and provide the relevant attached materials.

12. Upon request, the Commission shall conduct the review of written materials and field investigation of the operation entities filing the application, form the incubator qualification review opinions, and grant the qualification of incubator for scientific and technological enterprises of Fengtai District for those who are approved upon study.

13. The Commission shall review the incubators every year according to the conditions consistent with those for identification. The Commission shall cancel the qualifications of incubators that fail to pass the review; the incubators which have met the conditions through rectification may propose the application for re-identification .

14. For an identified incubator, when its business site (address or area), name, shareholding structure, operation direction, legal representative, or general manager is changed, it shall file such changes with the Commission for confirming the qualification of incubator by the Commission.

15. An incubator whose industrial and commercial registration, tax registration, or business premises are transferred out of Fengtai District shall be canceled the incubator qualification from the date of transfer. For an incubator which has problems such as false declaration or review, or violation of rules and regulations, the Commission will verify the problems on a factual basis, upon confirmation for such problems cancel its incubator qualification, and no longer identify such incubator.

Chapter 4 Supplementary Provisions

16. The specific issues in the implementation of the Measures shall be interpreted by the Fengtai District Commission of Science and Technology.

17. The Measures shall come into force 30 days after the date of promulgation. The original Measures for the Identification and Management of Incubators for Scientific and Technological Enterprises in Fengtai District (Feng Ke Zi [2012] No.9) shall be terminated.