山东引导资本投早投小投硬科技

Core Viewpoint - The Shandong Provincial Government has issued an action plan to attract and cultivate long-term capital to support high-quality development in the region, aiming for significant growth in venture capital investment by 2027 [1] Group 1: Long-term Capital Attraction - The action plan aims to attract well-known national venture capital institutions to establish regional headquarters or branches in Shandong [2] - It encourages various financial entities, including insurance funds and commercial banks, to set up or invest in venture capital funds in the province [2] - The plan promotes corporate venture capital (CVC) investments from Shandong's listed companies and major tech enterprises along the industrial chain [2] Group 2: Promotion of Venture Capital - There will be increased policy support for venture capital institutions focusing on original and leading technological innovations [2] - A risk compensation mechanism will be established for seed and early-stage enterprises to encourage investment in hard technology [2] - The plan advocates for "early incubation" and "deep incubation" models to support hard tech companies [2] Group 3: Government Investment Fund Management - A differentiated assessment system for state-owned venture capital will be constructed to optimize the evaluation of government investment funds [3] - The assessment will focus on the functional role of funds rather than solely on financial returns from individual projects [3] - A fault-tolerance mechanism will be established to protect fund managers and state investors under certain policy conditions [3]