临海市人才科创基金招GP

Core Viewpoint - The article discusses the establishment of the Linhai Talent Science and Technology Innovation Fund, aimed at supporting high-end talent and technology-based startups in Linhai City, with a total fund size of 200 million RMB [2][3]. Group 1: Fund Overview - The fund is initiated by Linhai City Jingyue Financial Investment Group Co., Ltd., and is designed to attract technology-based entrepreneurial projects to Linhai [2]. - The fund will be contributed in three installments with a ratio of 3:3:4, and the management must contribute at least 1% of the fund size [2]. Group 2: Fund Duration and Investment Focus - The fund has a lifespan of 15 years, with an investment period of 6 years and an exit period of 9 years, extendable by 2 years upon unanimous agreement of all partners [3]. - It primarily targets early-stage investments in talent innovation and entrepreneurship projects, supporting various local initiatives [3]. Group 3: Investment Criteria - Investment projects must be located in Linhai and meet specific criteria, including a workforce of no more than 200 employees, with at least 30% in R&D, and total assets and annual sales not exceeding 30 million RMB [3]. - Companies must allocate at least 5% of their annual sales to R&D expenses or 10% of their total costs, and they must commit to not relocating their registered project entity outside Linhai during the investment period [3].