"You Innovate, I Pay" - Innovation Vouchers to Knock on the Door of Technology Innovation

In order to stimulate the innovation vitality of science and technology-based enterprises, enhance the innovation management level of enterprises, activate the resources of science and technology intermediary services, such as technology transfer and science and technology consulting, and optimize science and technology service providers, support for science and technology intermediary services is provided in the form of innovation vouchers on a pilot basis.

The Eastern National Technology Transfer Center (hereinafter referred to as the "ETC") is the administration body of the Shanghai Science and Technology Innovation Vouchers (S&T intermediary services). Hereinafter referred to as Innovation Vouchers. The East Center issues innovation vouchers to encourage technology enterprises to purchase technology transfer, technology consulting and other valuable services.

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Benefits of Innovation Vouchers

For technology companies applying for innovation vouchers

Supply-side reform is a higher national demand for industrial development, and technology transfer and transformation of results will become important innovation tools. The innovation voucher policy focuses on two areas, technology transfer and science and technology consulting, guiding enterprises to improve their innovation awareness and capabilities through subsidized support for eight types of services in the two areas.

When technology companies reach a certain level of development, the closed innovation model of the internal cycle of the enterprise can no longer meet their development and expansion needs, which is followed by problems such as low R&D efficiency and slow product iteration. There is an urgent need for technology companies to access and utilize external ideas and R&D results through the open innovation model.

The technology intermediation services supported by the Shanghai Science and Technology Innovation Vouchers (Technology Intermediation Services) will be an important tool in the implementation of the open innovation process in technology enterprises.

Price competition in scientific and technological services is intense. The quality of services is highly variable with price fluctuations. Often, quality services are suppressed by price factors and have to be reduced in value, resulting in a situation where "bad money drives out good money". This is detrimental to both technology companies and service providers. The Shanghai Science and Technology Innovation Vouchers (Technology Intermediary Services) are designed to foster the purchasing habits of technology enterprises through subsidies, nourish the development of service providers through business, and guide service providers to improve their professional service capabilities. When the quality of the industry as a whole is improved, the competition among service providers will change from price competition to capability competition, which will provide higher-quality services to technology enterprises, improve the input-output ratio of enterprises, and make sufficient reserves for long-term development.

The innovation voucher policy is characterized by multiple choices, high flexibility and efficient feedback, so that enterprises can choose the right service provider and enjoy services on the innovation voucher's platform according to their needs and based on online and offline understanding. The innovation vouchers are pre-subsidized, and the subsidy is given to enterprises in the form of an electronic voucher when the contract comes into effect. The enterprise can pay the innovation voucher to the service provider as part of the contract payment. Provided that the documents are authentic and the services are provided as promised, the East China Center will provide a subsidy for the corresponding amount of innovation vouchers.

For service providers on the Innovation Voucher platform

Price competition in scientific and technological services is intense. The quality of services is highly variable with price fluctuations. Quality services are often suppressed by price factors and have to be reduced in value, resulting in a situation where "bad money drives out good money". The Shanghai Science and Technology Innovation Vouchers (Technology Intermediary Services) are intended to provide subsidies for innovation vouchers to foster purchasing habits and a sense of value recognition of quality services among technology enterprises, improve the development environment of the technology service industry, and in turn, promote the improvement of service quality in technology transfer, technology consulting and other technology intermediaries in the market.

As the innovation voucher policy is characterized by multiple choices, high flexibility and efficient feedback, the East Center will match the service providers' capabilities and expertise with the needs of enterprises to improve the volume of business and the accuracy of business matching.

As the designer and manager of Shanghai's Science and Technology Innovation Vouchers (Technology Intermediary Services), the East Center focuses on providing back-office support to the main users of the vouchers - technology enterprises and service providers - and actively explores the feasibility of providing technology intermediary services based on the different services provided. To promote the development of technology transfer through the formation of service microclusters by exploring the possibilities of cooperation among target groups, industries and service directions.

Policy Brief

Science and technology enterprises are eligible for innovation voucher subsidies through the procurement of one or more of the following services.

Service providers that have the ability to provide one or more of the following services are included in the innovation voucher platform system.

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In order to make the innovation vouchers work better and reflect the multiple choices, high flexibility and efficient feedback that they offer, the East Center will match the service providers' capabilities and expertise with the needs of enterprises to improve the efficiency and quality of services.

Application requirements

Conditions for Science and Technology Enterprises to Apply for Innovation Vouchers

Qualifications must meet.

1, registered in Shanghai with an independent legal person qualification of science and technology enterprises, with a sound financial system, no bad integrity records.

2. scientific and technical personnel with college education or above account for more than 30% of the total number of employees of the enterprise in that year, of which R&D personnel account for more than 10% of the total number of employees of the enterprise in that year.

3. agree to register on the Innovation Voucher System and submit a request for services.

Note: Shanghai Science and Technology Small Giant Enterprises are given priority.

Needs to be met.

1. Needs must fit into the subsidy category and not be interpreted out of category.

2、To be able to fill out the requirements in detail and submit relevant materials as required.

Service providers apply for inclusion in the Innovation Voucher Platform system

Qualifications must meet.

1, registered in the administrative area of the city, with an independent legal personality, sound financial management system, no bad integrity records.

2. A full-time service team of not less than five persons.

3. A clear scientific and technological service process and a sound internal management system.

4. Have the necessary office conditions and facilities to conduct business.

5. Agree to register in the Innovation Voucher System, provide technology intermediary services in line with the direction of support, and submit documentary evidence of service capability.

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        Detailed procedures for technology businesses and service providers can be found on the Innovation Voucher website: www.kjzjfw.com了解; call staff: 18516034043; email: maoqiuwanyue@ypbase.com

As of today, a total of 49 service providers have submitted their application forms, 27 have passed the offline document examination and more than 10 are in the process of examination.

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