500亿，浙江超级基金诞生

Core Viewpoint - The establishment of the Zhejiang Social Security Science and Technology Innovation Fund, with an initial scale of 500 billion yuan, signifies a new impetus for technological innovation in Zhejiang, aiming to create a high-level industrial ecosystem [2][5]. Investment Strategy - The Zhejiang Social Security Science and Technology Innovation Fund is designed to serve national development as a market-oriented fund, with contributions from the National Social Security Fund, Zhejiang Province, and Agricultural Bank of China [5][6]. - The fund will adopt a "mother fund leading + specialized fund deepening" model to promote market-oriented, legal, and professional investment operations, becoming a key vehicle for accelerating technological innovation in Zhejiang [5][6]. Fund Structure - The fund plans to establish six specialized funds, including the Zhejiang New Industry Science and Technology Mother Fund and the Zhejiang Major Project Direct Investment Fund, to enhance Zhejiang's competitive industries and foster emerging sectors [6][10]. - The fund aims to provide long-term and patient capital support for national development and innovation in Zhejiang, facilitating the emergence of new productive enterprises and advancing the integration of technological and industrial innovation [6][10]. Ecosystem and Environment - Zhejiang has been recognized for its favorable business environment, which encourages innovation and supports the integration of technology and industry, as evidenced by the implementation of policies aimed at deepening this integration by 2030 [8][9]. - The province's government has committed to optimizing the innovation ecosystem, with significant investments in technology innovation reaching over 700 billion yuan, including more than 150 billion yuan from government sources [9][10]. Investment Activity - In 2023, Zhejiang's venture capital ecosystem has become increasingly active, with the establishment of the Zhejiang Science and Technology Mother Fund, which has quickly set up 37 sub-funds and invested in 110 projects [9][10]. - The province has seen a rise in the number and scale of newly raised funds, with 447 funds completing new rounds of fundraising in the first half of 2025, reflecting a year-on-year increase of 15.8% in quantity and 26.0% in scale [11].