Beijing Haidian District Set Up 4 Billion Yuan As Venture Capital Fund
The first district government in Beijing Entrepreneurship Investment guidance fund Haidian District venture capital guidance fund recently and the first batch cooperation Venture capital institutions signed a contract to establish three venture capital funds with a total scale of about 4 billion yuan to support the development of early entrepreneurial enterprises.
It is understood that the venture capital fund of Haidian District is funded by the special financial funds of the Haidian District government, which is dedicated to guiding venture capital enterprises both at home and abroad and promoting the financing of Haidian District's high-tech SMEs.
Venture capital funds have three ways: equity participation, fund formation and financing guarantee.
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