Linyi builds tech-finance model to support innovation

Linyi is establishing an integrated "industry, technology and finance" service model to direct financial resources into innovation-driven enterprises, supporting the city's high-quality development.

The Linyi science and technology bureau introduced the model at a local news conference on May 25. Relying on the Linyi technology market — a platform connecting businesses, research institutions, financial organizations, and innovation services — the bureau aims to enhance technology valuation, resource matching, and targeted financial support.

Focusing on Linyi's 13 key industry value chains, the bureau has collaborated with eight banks to integrate 32 technology finance products for companies in various stages, from startups to growth-stage and mature enterprises. To date, the platform has gathered 37 financial service institutions, assisted in extending 470 million yuan ($65.27 million) in credit, and issued 390 million yuan in technology loans.

The platform also uses online systems and large AI models to evaluate talent and technological achievements, helping banks better assess companies' technological strength and growth potential before making lending decisions.

Regular matchmaking is another core function. Nearly 100 events have been held, including industry-talent matchmaking, project roadshows, and bank-enterprise financing sessions, serving more than 1,000 companies. Seven banks also take turns being stationed at the platform to provide product briefings, policy interpretation, and financing support.

Linyi plans to further improve its technology finance policy system, promote products like technology guarantees and technology innovation relending tools, and alleviate financing challenges for tech companies.

Editor：韩蒙蒙