A service center was established in Guangzhou on Oct 20 aimed at providing help to young entrepreneurs from Hong Kong and Macao who want to start up a business in Guangzhou.

It is the first youth entrepreneurship service center in Guangzhou targeting young entrepreneurs from Hong Kong and Macao. The center will cooperate with Guangzhou Tianhe Investment Fund to set up a special innovation and entrepreneurship fund with an initial scale of 50 million yuan ($7.55 million).

The service center is supported by Tianhe district and guided by the Tianhe district united front work department of CPC central committee and it is a private and non-profit organization.

The center will open its entrepreneurial resources to Guangzhou Tianhe Investment Fund and provide premium investment projects to the investment company and hold roadshows regularly in the future.

It will also offer professional and customized investment and financing solutions for young entrepreneurs who enter the service center and want to start up a business in Guangzhou. 

A special ceremony is held in Guangzhou on Oct 20 to celebrate the founding of a special service center aiming at helping youth from HK and Macao start business in Guangzhou. [Photo/oeeee.com]