Hefei wants to set up venture capital and guide fund to support SME development

Source: Internet
Author: User
Keywords Venture Capital and guide Fund

"With the Ministry of Finance, the Ministry of Science and Technology to establish a government venture capital investment Guidance Fund, in favor of Hefei science and technology SMEs entrepreneurial and technological innovation." "Hefei Innovation Office director Wang Linxian yesterday in the acceptance of http://www.aliyun.com/zixun/aggregation/79250.html" > newspaper reporter said, "The National two ministries are currently reviewing our declaration materials, both sides have reached a consensus , it should be said that distance is not far from success. ”

Technology-oriented SME venture capital is the first national venture capital investment Guidance Fund, which is launched by the Ministry of Finance and Science and technology, which mainly supports the start-up and technological innovation of small and medium sized enterprises by guiding the venture investment behavior. As the first national science and technology innovation Pilot City, Hefei in 2006, that is, from the city's financial allocation of 100 million yuan to set up a special fund for scientific and technological innovation, after each year to take out 100 million yuan to enrich.

According to Wang Linxian, the Government Guide fund does not profit-seeking, mainly play a guiding and demonstration function, therefore, the proportion of the Guiding fund contribution is not more than 25%, and not become the largest shareholder. It is reported that the guiding Fund will use the stage of equity participation, follow-up investment, risk subsidy, investment protection and other four ways to support entrepreneurial investment.

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