On March 30, the reporter learned from 2017 Chenzhou Start-up Guarantee Loan First Issue and Cooperation Banks Signing Ceremony that the relevant person in charge from Municipal Bureau of Human Resource and Social Security and the Postal Savings Bank, Huarong Xiangjiang Bank, Shanghai Pudong Development Bank and other banks signed the cooperation agreements, but also issued this year's first batch of 32 start-up guarantee loans, a total of 3.55 million yuan, which marked the 2017 start-up guarantee loan work in our city fully started.
Start-up guarantee loan is a financial support provided by the Municipal Bureau of Human Resource and Social Security to provide guarantee, bank lending and financial discount with venture capital guarantee fund to small and micro enterprises in our city. For individual industrial and commercial households and start-up small and medium enterprises, the government can provide 100,000 to 2 million of loan guarantee or discount service. As long as start an entrepreneurial entity in Chenzhou and (family as a unit) have not recorded other commercial bank loans except for the first mortgage, car loan and student loan in the past five years, the qualified entrepreneurs can apply for loans to the appropriate entrepreneurial services sector. In 2016 the city issued a total of 496.04 million yuan of start-up guarantee loan to support more than 8,000 entrepreneurs, to promote the development of small and micro enterprises and individual industrial and commercial households in the regions, create a good entrepreneurial atmosphere, and promote the city's employment.