On August 28, Longgang District Industry and Information Technology Bureau issued its 2024 Guide for applying for the special fund stipulated in Detailed Rules for Utilizing Longgang District’s Industry and Information Technology Development Fund to Support the Low-altitude Industrial Development. It aims at supporting the establishment of advanced low-altitude technological application platforms and the development of low-altitude passenger flight services.
The low-altitude research institutions specialized in establishing low-altitude intelligence-fusion infrastructure and playing a prominent role in the implementation of Shenzhen Municipal Plan for the Innovative Development of the Low-altitude Industry (2022-2025), would be subsidized for they get located or set up branches in Longgang District. As a low-altitude research institution is proved to meet related standards, it would be granted the subsidies that are no more than 40%, 35% or 30% of its yearly operation cost generated actually (mainly including decoration expense, equipment expense, human resource cost, R&D expenditure, site cost, expenditure on integrated flying simulation and control equipment, basic operation cost), during each of their first 3 years in Longgang District. The yearly subsidies could not exceed 40 million yuan. Specifically, the subsidies in the first year should be granted in two parts. The first part, amounting to 1/4 of the year’s total subsidies, should be granted as the low-altitude research institution has been in Longgang District for 4 months; then the second part, equaling 40% of its actual operation cost of the year minus the amount of the first part but no more than 40 million yuan, would be granted in a complete year since it registered in Longgang District.
Enterprises and institutions engaged in providing low-altitude passenger flight services and making great contributions to Longgang District’s economic development, would be rewarded in accordance with the “Flying at ease in Joyful Longgang District” : Working Plan for Promoting the Consumption in Low-altitude Field, as being approved by relative industry authorities. The yearly reward could not be more than 15 million yuan.
Relative institutions and enterprises could submit their application through Longgang District enterprise service platform from Sep. 02 to Sep. 20.
