杭州市重点产业知识产权运营基金管理办法

Core Viewpoint - Hangzhou Municipal Market Supervision Administration has issued a notice regarding the management measures for the Hangzhou Key Industry Intellectual Property Operation Fund, which aims to support industrial transformation and explore commercial models for intellectual property operation [1]. Group 1: Fund Structure and Management - The fund is established with central government financial support and aims to collaborate with qualified social capital to set up investment funds [1]. - The fund will be managed under a system that separates decision-making from management, adhering to principles of government guidance, market operation, innovation encouragement, and risk prevention [1]. - The fund will be managed by the Hangzhou High-tech Venture Capital Management Co., Ltd., which will represent government contributions and manage the fund's operations [2][3]. Group 2: Investment Focus - The fund will primarily invest in key industries, strategic emerging industries, and patent-intensive industries in Hangzhou, particularly in fields such as electronic information, biomedicine, advanced equipment manufacturing, and artificial intelligence [1][3]. - The fund encourages the transformation and application of patents, supporting the acceleration of university patents into key industries [4]. Group 3: Fund Operations and Requirements - The investment fund must be registered in Hangzhou with a minimum scale of RMB 100 million, and the fund's contribution from the operation fund will not exceed 25% of the total subscribed capital [4]. - The fund will operate independently based on market principles, with a maximum investment period of 8 years, and will exit through various methods such as liquidation or buyback [5][10]. - Investment institutions must meet specific criteria, including a minimum registered capital and proven fundraising capabilities, to collaborate with the operation fund [6][9]. Group 4: Financial Management and Reporting - The management fee for the investment fund is capped at 2% of the total subscribed capital per year, covering establishment, management, and termination costs [9]. - The fund management must submit regular reports, including quarterly and annual audits, to ensure transparency and compliance with regulations [13].