A funding program designed to support the commercialization of research findings has invested in 10 projects developed in Hefei National High-tech Industry Development Zone.

The 10 projects, with a fund of 30.50 million yuan ($4.91 million), have received a total of 74 patents. Three projects have been approved as high-tech enterprises, and six projects have received a total investment of 45 million yuan besides the supporting fund.

In the first half of 2019, the overall operating income of the projects was nearly 30 million yuan, up about 30 percent year-on-year.

The funded projects focus on integrated circuits, intelligent manufacturing, new materials, and environmental protection, all of which are conducive to the development of the zone.

The funding program was launched in 2017 by Hefei Gaoxin Development & Investment Group, CAS (Hefei) Institute of Technology Innovation Co and Anhui Provincial Investment Group Holding Co.