Foshan offers financial incentives of up to US$3 million to lure tech talent, start-ups from other Greater Bay Area cities

Source: South China Morning PostFoshan, which is located to the west of the Pearl River in Guangdong province, is offering financial support to tech start-ups and lure talent from neighbouring cities in the Greater Bay Area.According to the latest revised guidelines on funding for technology and innovation development, tech start-ups, which plan to establish or have already set up companies in Foshan, are each eligible for up to 20 million yuan (US$3 million) in funding. The incentives are valid for five years.The move is…Read More

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