天津加码创投：国资最高出资80%，GP每年最高能拿500万奖励

Core Viewpoint - Tianjin aims to enhance financial support for technological innovation through a comprehensive action plan, targeting significant improvements in financing capabilities and costs for tech enterprises by 2027 [1][2]. Group 1: Direct Financing Enhancements - The plan emphasizes a notable increase in direct financing, with a goal for the city's science and technology fund scale to exceed 200 billion yuan, and an optimized capital market financing channel to increase the number of tech enterprise listings domestically and internationally [1]. - A more robust venture capital ecosystem is anticipated, with improved policies and management systems across the entire investment lifecycle [1]. Group 2: Indirect Financing Improvements - The breadth of indirect financing is set to expand, with banks, government financing guarantee institutions, and insurance companies enhancing their specialized capabilities to support tech innovation [1]. - The target for the city's technology loan balance is to surpass 1.1 trillion yuan, with an annual growth rate expected to exceed the average growth rate of all loans [1]. Group 3: Optimizing the Technology Financial Ecosystem - The action plan outlines a continuous optimization of the technology financial ecosystem, with over 100 specialized institutions, including technology banks and unique service outlets, established to support tech innovation [1]. - A more collaborative policy framework and a richer array of specialized products and services are also highlighted [1]. Group 4: Encouraging Venture Capital Investment - The plan supports various venture capital funds investing in unlisted tech enterprises in Tianjin, offering rewards for investment management institutions based on their actual investment amounts [2]. - Tax incentives for angel investors and venture capital firms investing in seed and early-stage tech companies are also part of the strategy [2]. Group 5: Government Fund Management Optimization - The proposal includes optimizing the management of government venture capital funds, allowing for increased fiscal contributions from municipal and district levels [3]. - A comprehensive evaluation system for venture capital funds is to be established, focusing on long-term performance rather than short-term gains [3].