这个省的创投母基金要发力了

Core Viewpoint - Shaanxi Province is actively promoting the development of mother funds and venture capital to stimulate innovation and entrepreneurship, supporting the growth of venture investments and driving industrial transformation and quality improvement [1][2]. Group 1: Policy Measures - The "Measures for Promoting High-Quality Development of Venture Capital in Shaanxi Province" includes 24 policy measures across seven areas, involving 20 government departments [1]. - The measures focus on the entire cycle of venture capital, addressing key concerns in fundraising, investment, management, and exit [1][2]. - The provincial government has established a guiding fund to attract social capital to key sectors, with 42 sub-funds set up and investments totaling 12.114 billion yuan, leveraging an additional 61.024 billion yuan from other capital sources [1]. Group 2: Fund Management and Performance - The provincial finance department aims to enhance the management of government investment funds, implementing a classification system for venture and industrial investment funds, optimizing fund establishment processes, and increasing fund sizes [2]. - New measures include improving performance evaluation systems and establishing a mechanism for rewarding and exempting due diligence responsibilities, thereby enhancing the market-oriented operation of government investment funds [2][4]. - The measures emphasize a higher tolerance for losses in early-stage funds and explore the cancellation of certain investment return requirements [3]. Group 3: Encouragement of Innovation - The policy environment encourages state-owned capital to take more risks, with a focus on long-term and patient capital to support the real economy [4]. - The government aims to create a supportive atmosphere for innovation and risk-taking, establishing a comprehensive evaluation system that does not solely rely on individual project performance [4][5]. - The initiative seeks to establish more market-oriented mother funds across the country, promoting early-stage investments in technology and strategic emerging industries [5].