Hangzhou Mayor Cai Chi: actively and orderly promote venture capital guiding work

Hangzhou Mayor Cai Chi at the first meeting of Hangzhou venture Capital Guidance fund Management Committee held yesterday afternoon, various departments at all levels should recognize the situation, actively and orderly promote the work of Hangzhou venture capital guidance, give full play to the role of venture capital guiding fund "four and two," and strengthen cooperation with the social venture investment institutions, Focus on supporting the start-up of science and technology-type growth projects, promote the industrial transformation and upgrading of Hangzhou and talent entrepreneurship.

In order to guide more social venture investment institutions to participate in Hangzhou development, this April, the Hangzhou municipal government issued the "Venture Capital Guidance fund Management measures", and set up by the mayor of Cai Chi-led venture capital guidance fund CMC. At present, Hangzhou City's pioneering investment guide work well, municipal and district, County (city) two-level guidance fund total size has reached 542 million yuan, three wholly state-owned venture Investment guidance fund entrusted management companies have completed the establishment, through the introduction of the fund phase of the new investment model set up a 3 venture capital companies, guide the Fund follow-up investments have signed three projects.

After fully affirming the initial results of the relevant work of the venture capital investment Guidance Fund in Hangzhou, Cai Chi pointed out that the venture capital guidance Fund is a reform to adapt to the new economic development, the traditional government support funds use method, is the innovation of the Enterprise support mode in the start-up period, and aims at strengthening the cooperation with the social Focus on supporting the start-up period of science and technology http://www.aliyun.com/zixun/aggregation/14182.html "> Growth Enterprises, the development of new business model, for this new work, all departments at all levels should attach great importance to raise awareness, In the practice of continuous exploration, and actively and orderly promotion of the city's venture capital guide work.

Cai Chi The next stage of Hangzhou venture capital to guide the implementation of specific deployment. One is to further clarify the mode of operation of the Fund, government departments to guide the investment direction of the Fund, cooperation and other relevant important issues, and pay attention to ex post evaluation, the stage of participation and follow-up investment should be as far as possible amplification effect, to pry more social capital to participate in entrepreneurial investment; Play the role of investors and projects docking platform, the creation of the network into a growth-oriented enterprise and capital market "Taobao." The second is to strengthen the district, county (city), the guidance of venture capital, adhere to the urban two-level linkage, district, County (city) to follow up the investment; Third, the establishment of a venture capital risk compensation measures to guide venture capital investment companies to invest in seed, and enhance investors in Hangzhou investment confidence. Four is to improve the state-owned venture Capital management company operating performance assessment measures, the implementation of annual salary system, performance appraisal according to the stage of participation and follow-up investment in the specific circumstances of the set. Five is to strengthen the propaganda training. Further clarifying the understanding, combining the venture capital with the talent undertaking, strengthening the guidance to the Venture investment organization and the start-up period Enterprise, the Creative Investment Office should give full play to the guidance coordination function.