Sanxiang Town recently issued the newly-revised measures for the use of employment and entrepreneurship funds.

The measures stipulate that college graduates with household registration in Sanxiang will be given employment subsidies if they sign labor contracts with Sanxiang local enterprises for more than one year and pay social insurance premiums in accordance with regulations.

Applicants can submit the approval form for employment subsidy application in the next month when they have continuously paid social insurance premiums for 6 months. If they meet the requirements, they can receive a one-time employment subsidy of 2,000 yuan.

For enterprises that hire the Sanxiang natives who have problems in job seeking, apply for the employment registration and pay the social insurance premium in accordance with the regulations, they shall be given employment placement subsidies according to the actual number of employees. The subsidy standard is 500 yuan per person per month, and the maximum subsidy period shall not exceed 3 years.

In terms of starting business in Sanxiang Town, the measures stipulate that if the Sanxiang native labor force, and Hong Kong and Macao youth under 35 years old who start a business in the town can receive 5,000 yuan of entrepreneurship subsidies for those who meet the requirements.

At the same time, business starters can also receive subsidies for property rent, utility bills and property management fees.