The IP finance cooperation between Beijing IP and the Bank of Hangzhou was officially implemented recently.

Through the program of“IP Finance 2.0”, a chemical engineering company, located in the core area of Zhongguancun, pledged two innovation patents and obtained 5 million yuan of IP pledge loan.

This also marked a further extension of Beijing IP’s financial ecological map to include three guarantee institutions, such as ZGC Sci-tech Guarantee, China Capital Guarantee, four commercial banks, like Zhongguancun Bank and Huishang Bank, and more than 10 well-known appraisal agencies, law firms and other service institutions.