Core Viewpoint - Guangzhou has issued the "Several Measures to Promote the Development of Specialized, Sophisticated, and Innovative Small and Medium-sized Enterprises" which includes 25 support measures aimed at enhancing the growth of specialized and innovative SMEs, with funding exceeding 1 billion yuan over the next three years [1] Group 1: Support Measures - The measures include a four-tier cultivation system for SMEs, providing up to 1 million yuan for newly recognized "little giant" enterprises and up to 1.5 million yuan for national manufacturing champions [1] - Additional financial incentives include a reward of up to 30% of the sales price for new equipment and an extra reward of up to 5 million yuan for specialized and innovative enterprises [2] - The measures aim to promote cluster development by allocating special funds for financing and supply-demand matching, with rewards of up to 1 million yuan for recognized industrial clusters [2] Group 2: Cost Reduction and Resource Allocation - The initiative includes significant cost reductions for innovation, with specific rewards for digital transformation projects and additional support for capital expansion of "little giant" enterprises [2] - There will be preferential treatment in land allocation for specialized and innovative SMEs, allowing for lower investment intensity and tax contribution standards by up to 30% [2] - Senior management and core technical personnel of "little giant" enterprises will be prioritized in talent programs, ensuring support in housing, medical care, and education [2]