What is an Innovative Startup Investment Project?

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Please translate: According to the new regulations, how is a startup investment project understood? I hope to receive your answer. Thank you!

Clause 7, Article 3 of the Investment Law 2020 (effective from January 1, 2021) stipulates:

An innovative startup investment project is an investment project that implements ideas based on the exploitation of intellectual property, technology, new business models, and has the potential for rapid growth.

The above is our assistance on the concept of an innovative startup investment project.

Respectfully!

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