Zhejiang university students fail to start a business loan of less than 100,000 yuan government compensation? What exactly is this government "compensation"?

Zhejiang has made another big move to rob people.

On February 17, the National Development and Reform Commission held a press conference on supporting the promotion of the high-quality development and construction of a common prosperity demonstration zone in Zhejiang Province, and at the Zhejiang branch venue, Chen Zhong, deputy director of the Zhejiang Provincial Department of Human Resources and Social Security, said, "College graduates working in Zhejiang can enjoy living subsidies ranging from 20,000 to 400,000 yuan or housing subsidies." College students want to start a business, can borrow 100,000 to 500,000, if the business fails, the loan of less than 100,000 by the government to repay, the loan of more than 100,000 part, by the government to repay 80%. ”

Subsequently, the news of "Zhejiang college students failed to start a business loan of less than 100,000 yuan under the government compensation" was on the hot search, and triggered a heated discussion, and even some netizens proposed a plan, saying, "High-priced college graduates, customized programs, package entrepreneurship failure, 100,000 yuan four or six open." ”

The news caused a heated discussion on Weibo (Source: Weibo comments)

In the afternoon of the same day, the reporter consulted the Zhejiang Provincial Department of Human Resources and Social Security on the above policy, and the relevant person in charge said that the current number of consultants was too large and could not be connected.

There is no such thing as a free lunch. In response to the various loophole schemes of netizens, the next day, the Zhejiang Provincial Department of Human Resources and Social Security responded in a timely manner to clarify that college students enjoying entrepreneurial guarantee loans is conditional, in short, compensation is not only not equal to not having to repay the loan, but also the risk of credit information being destroyed.

What exactly is this government "compensation"?

1

"Compensatory" does not mean that it is not repaid

Hearing the "government compensation", netizens were excited, simply thinking that entrepreneurs only need to register a company in Zhejiang to start a business, they can get entrepreneurial loan funds, and the business fails, and the entrepreneur himself does not have to pay back. The government will also pay off the debt on its behalf.

I have to say that this fantasy is too beautiful, and the real situation is not as simple as imagined.

First of all, it should be clear that according to the provisions of the Civil Code, the government cannot provide guarantees, in this case, the government generally achieves it by setting up a business guarantee fund, so the "government compensation" mentioned at the press conference is accurately said to be "the business guarantee fund compensation".

According to the policy of the Zhejiang Department of Human Resources and Social Security, there are five types of people who can apply for loans guaranteed by the government-established entrepreneurship guarantee fund, namely, college students or college graduates (including junior colleges) who have graduated within 5 years, those who have been registered as unemployed for more than half a year, people with employment difficulties, retired soldiers, and people with certificates with disabilities.

However, according to the interpretation of the Zhejiang Provincial Department of Human Resources and Social Security on February 18, in order to successfully apply for a loan guaranteed by the Entrepreneurship Guarantee Fund, they must go through two audits: one is for the human resources and social security department to organize experts to review the entrepreneurial project; the other is for the bank to review their entrepreneurial projects, credit status, solvency and so on.

Interpretation of the policy (Source: Zhejiang Provincial People's Government official website)

Obviously, entrepreneurs do not register a company to obtain a guaranteed loan for entrepreneurship, but also need the company to meet certain conditions, such as the company has business activities, sign labor contracts with employees and pay social security, and the loan can only be used for production and business activities, not for the purchase of stocks, futures, etc.

In other words, only if the company meets the above conditions and passes two audits, the entrepreneur can get the start-up guarantee loan funds. At this time, if the company is not well managed, the entrepreneurship fails, and the entrepreneur himself cannot repay the loan, the "subrogation" mechanism will be triggered.

It is worth noting that "subrogation" is a legal term, in short, after "subrogation", the borrower not only still needs to repay, but also the overdue record also has the risk of entering the personal credit report. In addition, according to the policy of the Zhejiang Human Resources and Social Security Department, the borrower cannot enjoy the entrepreneurship and employment policy of the human resources and social security department in the future.

In fact, as early as 2016, zhejiang province departments jointly issued the "Zhejiang Province Entrepreneurship Guarantee Loan Implementation Measures (Trial)", in which for a type of loan that is more than 3 months overdue and has a loan amount of less than 100,000 yuan, the entrepreneurship guarantee fund will fully reimburse within 1 month (including interest on the loan period, excluding overdue interest and penalty interest); a type of loan with a loan amount of more than 100,000 yuan will be repaid by the entrepreneurship guarantee fund for 80%.

The scheme stipulates the terms and use of the loan. (Source: Zhejiang Provincial People's Government official website)

Today, this compensation mechanism has been implemented for several years, according to the relevant person from the Zhejiang Provincial Department of Human Resources and Social Security, "since 2015, the Entrepreneurship Guarantee Fund has supported a large number of entrepreneurs, but there is not much compensation." ”

It is not difficult to see that the real entrepreneur will not take advantage of the loophole to "enjoy" and "government compensation" as netizens make up for it, because in the final analysis, this "compensation" method has a greater meaning than the realization itself, and there are two main aspects:

First, when the visible hand of the government comes into play, it avoids adding bad debts to another market player, the bank, and sets up a risk barrier that maximizes the market's role. Second, it is a bottom-up mechanism established by the government in order to encourage college students to start a business, and it is a reassuring pill for entrepreneurs to eat by the government, and the fundamental purpose is to stimulate entrepreneurial vitality, create a good atmosphere, and attract a steady stream of talents.

2

Where is the strength of the big deal

As we all know, in the past few years, with the development of the Internet economy and the radical talent policy, Hangzhou has become the star city of the last round of "robbery war", and Zhejiang has also become a popular province for talent inflow.

Combing through the strategy of "robbing people" in Zhejiang Province, from opening the threshold for talent settlement, to increasing the level of talent subsidies, and now providing entrepreneurial credit "compensation" support, it can always inadvertently promote the escalation of the robbery war.

Zhejiang is a major employer, with 23 million migrant workers in Zhejiang. In fact, in addition to providing entrepreneurs with entrepreneurial guarantee loan compensation, Zhejiang Province also provides 100,000 yuan of entrepreneurial subsidies for college students engaged in home economics, pension and modern agricultural entrepreneurship, and college students to work in these fields, the government gives each person an annual employment subsidy of 10,000 yuan, continuous subsidies for 3 years.

Data related to the Seventh Population Census of Zhejiang Province. (Source: Zhejiang Provincial People's Government official website)

In addition, Zhejiang Province has also developed loving posts that do not pay attention to skills, academic qualifications, and age, to resettle the people out of poverty and ensure that the monthly salary is more than 4500 yuan. For graduates from families with difficulties in coming to Zhejiang for internship, a subsidy of 3,000 yuan per person for job hunting and entrepreneurship will be issued.

It goes without saying that the bottom of these real money and silver subsidy methods and compensation mechanisms stems from Zhejiang's strong economic and financial strength.

According to the data, Zhejiang's GDP in 2021 will be 7.35 trillion yuan, second only to Guangdong, Jiangsu and Shandong, ranking fourth in the country. The fiscal revenue (826.26 billion yuan) ranked third in the country, second only to Guangdong (1410.3 billion yuan) and Jiangsu (1001.5 billion yuan).

GDP ranking of provinces in 2021. (Source: Guo is a through train)

If the total amount reflects the comprehensive level, but the increment shows the vitality and potential. Last year, the fiscal revenue of Zhejiang Province increased by 101.47 billion yuan, ranking second in the country, and even surpassed Jiangsu, Shanghai, Shandong and other provinces (cities) with strong GDP.

The most important thing to attract this time is that the guaranteed loan for entrepreneurship below 100,000 yuan is "paid by the government", but in fact, in Zhejiang, which is rich in Tibet, 100,000 yuan is indeed a small amount.

Because in 2021, Zhejiang Province has achieved a per capita GDP of 114,000 yuan and a per capita disposable income of 57,500 yuan for all residents. Not only that, in 2021, Zhejiang's total deposits will be 16.9 trillion yuan, ranking third, far surpassing Shandong.

Under the goal of the common prosperity demonstration zone, Zhejiang Province has drafted the "Zhejiang Province "Expansion" and "Raising The Lower" Action Plan", the goal of which is to promote the first basic formation of an olive-shaped social structure with middle-income groups as the main body, and proposes that by 2025, the proportion of Zhejiang household annual disposable income of 100,000-500,000 yuan should reach 80%, and the proportion of 200,000-600,000 yuan should reach 45%.

This means that in another 3 years, the disposable income of 80% of Zhejiang households will exceed 100,000 yuan, which is probably the basis for "less than 100,000 yuan" compensation.

3

A new round of robbery has begun

With the various interpretations of the seven census data, the continuous reduction and even negative growth of the population in the future is the consensus of the whole society.

Population is an important variable in the development of industrial and urban economy, if it is said that in the competitive development of industry, the negative effect of population reduction can be compensated by scientific and technological progress, then urban competition is nakedly changing from talent competition to population competition.

The competition for the stock population is far more intense than imagined. You know, according to the data of the seventh census, even the two major economically strong provinces - Guangdong and Jiangsu, there are 6 cities and 3 cities with population outflows. What is even more exaggerated is that in the 10 years from 2010 to 2020, among the 31 provinces, municipalities and autonomous regions in the country, the permanent population of 6 provinces such as Shanxi, Inner Mongolia, Liaoning, Jilin, Heilongjiang and Gansu did not increase but declined.

In contrast, Zhejiang has become one of the few provinces without a city population reduction, which strengthens Zhejiang's determination to continue to increase the number of people, so it has formulated a plan to introduce 1 million college students in Zhejiang in 2022, and the number of college graduates in the country exceeds 10 million, which means that Zhejiang Province's goal is 10%.

Since the beginning of this year, in addition to Zhejiang, Yunnan, Sichuan and other places have increased the intensity of talent attraction policies in local government work reports, and a new round of "robbery" war has begun.

For example, Yunnan Province issued the "Xingdian Talents Support Plan", which plans to spend about 5 years to cultivate and introduce a number of urgently needed talents in the fields of new energy, new materials, advanced manufacturing, biomedicine, digital economy and other fields, of which qualified talents can receive up to 1 million yuan in work and life subsidies.

Xingdian Talents supports the financial support in the program.

Chengdu High-tech Zone will clearly set up a special fund of 2 billion yuan to introduce innovative leading talents, and give them a talent subsidy of up to 5 million yuan per year for 3 years, a maximum of 5 million yuan to settle down or a set of expert apartments.

At the beginning of January this year, Zhuhai High-tech Zone issued a new talent policy, launching a housing subsidy of up to 6 million yuan, a living subsidy of 800,000 yuan, a rental subsidy of 38,000 yuan and other "housing award subsidies".

In addition, there are also third- and fourth-tier cities such as Wuhu, Ma'anshan in Anhui, Xinxiang City and Luohe City in Henan Province, which have also joined this round of robbery.

Obviously, the attractiveness of the robbery policy of different cities is not at one level, and the effect can be imagined, but at least it can be seen that the government has changed from the past industrial investment and investment ideas to today's human capital investment, which is also the due meaning of the high-quality development of the urban economy in the future.

Source: WeChat public account "Salt Finance" (original title: Entrepreneurial loan government repayment?) Think beautiful! ）

Author: He Xin

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