Shanghai Offers Rent Reduction and Startup Funding to Eligible AI Entrepreneurial Teams for Up to 3 Years
2025-07-28 / Read about 0 minute
Author:小编   

The Shanghai Municipal Commission of Economy and Informatization has unveiled the "Several Measures for Further Expanding the Application of Artificial Intelligence in Shanghai," aiming to establish an AI town that fosters the growth of dense, cost-effective industrial clusters. The initiatives encompass providing subsidies of up to 1 million yuan in the form of computing power vouchers, model vouchers, and corpus vouchers to qualifying enterprises. Furthermore, the implementation of a "no application required" subsidy policy is being promoted to streamline the process. Notably, AI talent entrepreneurial teams that meet the specified criteria will benefit from rent reduction or a one-time startup fee support for a duration spanning from 6 months to 3 years.