Hangzhou, capital of the eastern coastal province of Zhejiang, is a hotbed for tech start-ups in China. Photo: Xinhua Hangzhou, capital of the eastern coastal province of Zhejiang, is a hotbed for tech start-ups in China. Photo: Xinhua
Hangzhou, capital of the eastern coastal province of Zhejiang, is a hotbed for tech start-ups in China. Photo: Xinhua

Chinese taxpayers are helping to underwrite tech start-up risks

  • The programme offers up to US$1.4 million to cover research and development costs in failed start-up projects

Topic |   Start-ups
Hangzhou, capital of the eastern coastal province of Zhejiang, is a hotbed for tech start-ups in China. Photo: Xinhua Hangzhou, capital of the eastern coastal province of Zhejiang, is a hotbed for tech start-ups in China. Photo: Xinhua
Hangzhou, capital of the eastern coastal province of Zhejiang, is a hotbed for tech start-ups in China. Photo: Xinhua
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