Hebei set up the first venture capital Investment Guide Fund initial scale of 100 million yuan

Hebei Province Science and technology SMEs financing difficult situation is expected to be cracked.　　In the afternoon of 15th, Hebei province, the first SME venture capital investment Guidance Fund in Shijiazhuang City held the unveiling and signing ceremony. At present, the small and medium-sized enterprises have become the new force of High-tech industrialization in our province, which is important to optimize the industrial structure, create new economic growth points and employment opportunities, effectively deal with the impact of the international financial crisis and realize the goal of keeping growth, expanding domestic demand, adjusting structure and Huiminson. However, the financing problem brought by the characteristics of its high risk restricts the development of small and medium-sized enterprises. To this end, the science and technology sector has taken a number of initiatives, such as the establishment of the Hebei Science and Technology venture capital system, technology-based SME technology innovation funds, and actively promote science and technology and financial cooperation.　　In order to guide the accumulation of social capital into the field of venture investment, improve the efficiency of government investment funds, and support the independent innovation of science and technology SMEs, we decided to set up a technology-oriented SME Venture Investment guide Fund. Jahong, Director of Science and Technology Department of Hebei Province, introduced the guiding Fund as a government to support venture capital venture to promote the development of High-tech industries the most effective tool, through financial investment to guide social funds to engage in venture capital activities, to solve the High-tech industry start-up enterprises lack of funds. The Guide fund has transformed the government financial funds support way, expanded the medium and small-sized Enterprise Direct financing channel, especially guides the fund to adopt "the Mother fund" the mode operation, attracts the social capital to participate in the venture investment, causes the financial fund to enlarge 10 times times above, may give full play to the financial funds the lever function　　As a booster to promote the transformation of scientific and technological achievements into realistic productivity. It is understood that Hebei province's first small and medium-sized Enterprises venture capital Investment Guidance Fund initial scale of 100 million yuan, the current funds have been fully implemented in place. At the signing ceremony, the Guidance fund and Handan municipal government, Tianjin Haida Investment Management company signed a cooperation agreement to set up venture capital, and with the Hebei Asia Connaught Chemical Co., Ltd. signed an investment agreement. The signing of the guiding Fund to invest 38 million yuan, leading the social capital of 126 million yuan.