Recently, MESNAC was granted as the Excellent Enterprises of Innovation Fund in the commendation ceremony of Sci-Tech-based SME Technical Innovation Fund conducted by Ministry of Science and Technology and Ministry of Finance.
The Sci-tech-based SME technical innovation fund established with approval of State Council in 1999 is to support and guide the Sci-tech-based SME to carry out the technical innovations by the methods of capital appropriations, discount interest of loan and capital investment etc. so as to promote the transformation of technology into the results and further optimize the technological investment resources and create a good environment favorable to the innovation and development of tech-based SMEs and then foster a group of SMEs with Chinese characteristics.
Previously, MESNAC was gained two supports from Sci-Tech SME Technical Innovation Fund.