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SME Development Fund of China

SME Development Fund of China

Funds Chinese innovative small and medium-sized enterprises via commitments to specialist funds managed by MIIT-linked structures.

DiscontinuedMinistry of Finance / SME Bureau (MIIT)China
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About

The National SME Development Fund of China (国家中小企业发展基金) is a government-backed equity fund-of-funds jointly established by the Ministry of Finance and the Ministry of Industry and Information Technology (MIIT) to catalyse private capital investment into innovative Chinese small and medium-sized enterprises. The fund operates as a mother-fund that makes LP commitments into professionally managed da…

What this grant funds

Chinese government-backed equity fund-of-funds making LP commitments of CNY 1 million to CNY 300 million into MIIT-registered daughter funds that invest in innovative Chinese SMEs.

Key facts
CycleiHow often this grant runs — e.g. annually, on a rolling basis, or a one-off call.Annual
Next deadlineiThe next date applications are due. Rolling means you can apply any time.—
Decision timeiTypical time from the deadline to the funder's decision.—
Project durationiHow long the funded work is expected to run.—
Award typeiThe form of funding — grant, equity, loan, tax credit, etc.Equity
Match fundingiThe share of project costs you must cover yourself. 0% = fully funded.0%
Funding pooliThe total budget available across all awards in this round.—
Funding analytics

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Industries

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Eligibility criteria

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Last verified: 29 Jun 2026Source: www.miit.gov.cn