Workflow
最高容亏100%,湖北省政府种子基金成立
FOFWEEKLY·2025-06-23 09:59

Group 1 - The Hubei provincial government has established a seed fund to provide stronger financial support for startups, led by the Chutian Fengming Fund under the Yangtze River Industry Group [1] - The seed fund aims to transform scientific and technological achievements into practical applications, collaborating with universities and research institutions [1] - The fund will have a total of 10 billion yuan, with an extended duration from 10 to 15 years to support long-term capital investment in seed projects [1] Group 2 - The newly released "Work Plan for Restructuring the Government Guidance Fund System" allows for a single investment project to incur a 100% loss, making Hubei the first province in China to implement such a policy [2] - This policy is expected to enhance innovation in industries by providing more flexibility and reducing the burden on fund management [2] - The plan establishes a mechanism for collaboration between government guidance funds and state-owned funds, promoting a cycle of investment from loss to profit [2]