Shenzhen intends to invest 3 billion set up guiding fund to build venture capital center

In this round of enthusiastic to build equity investment center of the dispute, the first domestic development of venture capital Shenzhen seems to be a little quiet. In this respect, Shenzhen Venture Capital Association secretary General Wang in an interview, said, "Shenzhen as a domestic venture capital center positioning more appropriate."　　In fact, the idea is Shenzhen the government's decision.　　According to relevant sources, the Shenzhen municipal government has agreed to set up 3 billion yuan venture capital investment Guidance Fund to promote venture capital and High-tech industry development. The current venture capital market is not enough to invest and service in seed period, start-up period and start-up period, which accounts for less than 10% of total investment, and there are obvious market failure links. Shenzhen Venture capital Guidance fund will be based on the start-up in the early days of High-tech Enterprises, our goal is to build Shenzhen as the National Venture capital center.　　"A person in Shenzhen branch letter bureau said. The above people said that the Shenzhen big set up a government venture to guide the Fund, on the one hand, in order to attract more venture investment enterprises settled in Shenzhen, and attract private funds into the field of investment, to attract more entrepreneurs, project source to Shenzhen Landing business, on the other hand, the Shenzhen government to support the development of　　will also be achieved through this guidance fund.　　Protagonist: The local creation of statistics, since 2006, Shenzhen venture capital increased the management of 20 billion, the number of new ventures is more than 100. However, with Beijing, Shanghai and other land to attract a large number of well-known foreign giant layout of the situation is different, Shenzhen, the new venture capital enterprises are mostly unknown local enterprises.　　At present, only IDG, Ding Hui and several well-known foreign investment in Shenzhen set up an office.　　Why do foreign investment ventures not favor Shenzhen? "This is indeed an interesting phenomenon. "The reason for this may be that when foreign institutions plan to drop a first to second piece in China, they tend to give priority to Shanghai, the centre of the National Political and Economic Center, Beijing and the financial center," said Chen, another veteran of venture capital in Shenzhen. Because the special status of these two cities is stronger to the national radiation ability. In addition, Shenzhen is very close to Hong Kong and many foreign institutions have regional headquarters or offices in Hong Kong.　　In this context, Shenzhen has gradually formed a local VC enterprises concentrated phenomenon. "Sometimes strengths and weaknesses can be transformed into each other." In a sense, Shenzhen has become a local investment industry to develop a strong soil, "Chen laughs," perhaps venture investment in the future from Shenzhen can be like the telecommunications industry, such as Huawei's international well-known enterprises. "And for the local phenomenon of Shenzhen venture capital industry, Wang stressed that Shenzhen has been a private economy-led city, local creation and investment accumulation of the phenomenon is the result of the formation of natural regulation of the market." "I think it is feasible and correct to take the road of marketization and guide private capital to support the development of High-tech enterprises, and there is no need for governments to intervene too much in this issue." "As FewTo set up an office in Shenzhen foreign Capital ventures, Ding-hui venture partner Wang Tree is that the company chooses in which city cloth point and a lot of factors, the most important is the company's long-term development strategy, to refer to a lot of specific factors, such as entrepreneurial environment, infrastructure, talent, comprehensive matching and so on. According to relevant sources, Shenzhen is now preparing for the 3 billion government-led funds, will be mainly to the early High-tech projects. Although Shenzhen is a bit more late than some other cities in setting up a government-directed fund, it should be a new breakthrough in terms of money and positioning.　　"Positioning:" Venture capital center in Wang, such as a group of more than 10 years ago began to engage in venture capital, it appears that Shenzhen's industrial institutions and Beijing-Tianjin-Shanghai and other cities have a greater difference: there is no large number of large-scale state-owned enterprises, but the private economy developed, High-tech Enterprises concentrated. "Therefore, Shenzhen is not suitable for large-scale development of mergers and acquisitions-oriented industrial investment funds, more appropriate way is to do a strong entrepreneurial investment fund, focus on the development of High-tech start-up enterprises."　　Wang said, Shenzhen is now to do is to integrate existing financial resources for High-tech start-ups to serve, thus farewell to low value-added industries.　　This view has also been recognized by Chen, "for the moment, Shenzhen is still the best place for domestic venture investment environment, and June has just been designated as the only innovative pilot cities in China." Chen that the Equity investment Center is more the result of market choice. "From Shenzhen, two more obvious advantages, one is the number of High-tech enterprises, the second is the SME board and the future will launch the gem, that is, the listing of resources and the listing channel." These two advantages are enough to attract a large number of venture capital institutions to settle in Shenzhen. "At present, the Shenzhen board has a total of more than 260 listed enterprises, including the number of enterprises from Shenzhen accounted for about One-tenth, located in the first major cities."　　In terms of shareholder structure, about One-fourth of the listed enterprises have a background of venture investment. "Shenzhen Enterprises in the first place in the SME, which also proved the vitality of Shenzhen's emerging enterprises and the entrepreneurial environment in Shenzhen, which is the value of Shenzhen." "Wang said that the main board enterprises mainly state-owned enterprises, the SME board and the future gem enterprises are often high-tech enterprises and segments of the leading industry."