Core Viewpoint - The Zhejiang Provincial Science and Technology Innovation Fund (Phase II) aims to enhance the development of new productive forces and support early-stage technology innovation enterprises through a structured investment approach involving sub-funds and direct investments [1][2]. Group 1: Fund Structure and Management - The total scale of the Zhejiang Provincial Science and Technology Innovation Fund (Phase II) is 3 billion yuan (approximately 30.02 billion yuan), managed by Zhejiang Jintou Shengling Private Equity Fund Management Co., Ltd. [1] - The fund operates on a "sub-fund + direct investment" model, with 80% allocated to sub-funds and 20% to direct investments [1]. Group 2: Investment Focus Areas - The fund primarily targets three major technology innovation areas: artificial intelligence, life health, and new materials and new energy, along with 15 strategic fields and the "9+6" future industries [2]. - The 15 strategic fields include cloud computing, microelectronics, intelligent computing, big data, advanced medical devices, and more [2]. - The "9+6" future industries encompass future networks, metaverse, bionic robots, hydrogen energy, quantum information, and others [2]. Group 3: Sub-Fund Requirements - Sub-funds must be registered within Zhejiang Province, with a target subscription scale of no less than 100 million yuan and no more than 1.5 billion yuan [2]. - The Zhejiang Provincial Science and Technology Innovation Fund will invest no more than 200 million yuan in a single sub-fund, with a maximum investment ratio of 40% of the sub-fund's target subscription scale [2]. Group 4: Investment Standards - During the investment period, at least 70% of the sub-fund's investment must go to companies in the "Internet+", life health, new materials, and future industries, with at least 35% in companies meeting specific criteria [3]. - Eligible companies must be within five years of establishment, have fewer than 300 employees, and meet certain financial thresholds [3]. - The sub-fund should focus on specific industries and investment chains, prioritizing investments in artificial intelligence, life health, new materials, new energy, and future space sectors [3].
浙江省科创母基金(二期)招GP
FOFWEEKLY·2025-08-12 10:19