Youth Entrepreneurship Assistance Program
In order to encourage Macao ’s young people to open up new options and opportunities beyond the traditional employment orientation, to practice entrepreneurial thinking, and to inject new impetus into Macao ’s economic development, the SAR Government has set up the “Green Youth Business Assistance Plan” under the Industrial and Commercial Development Foundation for entrepreneurship. Local youths who do n’t have the resources, but do n’t have the resources, provide an interest-free assistance to help them alleviate the pressure on resources in the early days of starting a business.
Entrepreneurs from Macao, as well as limited companies with more than 50% investment by entrepreneurs from Macao, can apply. Assistance funds must be used for the following purposes: to purchase equipment required for the operation of a commercial enterprise; to carry out decoration works for the commercial enterprise's place of operation; to enter into a commercial franchise contract or franchise contract; to obtain technology exclusive rights or intellectual property rights; to conduct publicity and promotion activities; As operating capital of commercial enterprises. The maximum amount of assistance is MOP300,000, and the maximum repayment period is eight years.