China and Europe become venture capital fund 100 million

Chinaventure Beijing Time June 28 news, China-EU international Business school and become the capital jointly launched the establishment of "Central European Venture Fund" (Ceibs-chengwei Venture Fund), the first phase of the fund scale of 100 million U.S. dollars, Focusing on investment in the initial and long-term ventures of CEIBS alumni creation or management, a single investment can be up to $15 million trillion. Business schools to set up a start-up fund, not only to help young people who want to start a business, but also directly from the college to obtain entrepreneurial capital, at the same time, has a wealth of theoretical basis and practical experience of the professors throughout the track, counseling and help. The Fund encourages entrepreneurs not to be afraid of failure, whether successful or unsuccessful entrepreneurial experiences are very important. It is reported that more than 700 ceibs EMBA students each year, more than 1/3 have their own enterprises, CEIBS has been encouraging students to start a business, and that the current Chinese market environment is the most suitable for entrepreneurship. Li Shime, a founding partner of capital, believes that the process of running a business in Central Europe itself is a very classic case of successful entrepreneurship, with a strong entrepreneurial culture and atmosphere. It is understood that some of the financial gains from the new fund will also be shared with the Central European Education Fund to support the development of the daily teaching and research operations in central Europe and to continuously improve the quality of research and education so as to form a virtuous circle to maximize the resources advantage of China and Europe.