Core Insights - Recent policies in Shenzhen and Wuhan allow for up to 100% loss tolerance for government investment funds, encouraging innovation and risk-taking in the entrepreneurial ecosystem [2][6] - The National SME Development Fund has signed a new sub-fund with a total scale of 2 billion yuan, indicating a potential increase in investment activities in the venture capital space [3] - Guangzhou's angel fund has announced partnerships with 12 GP institutions, marking a significant step in the establishment of a 100 billion yuan angel fund [4][5] - Wuhan plans to create a 300 billion yuan mother-son fund cluster to support the development of private enterprises and innovation [6] - Chengdu's industrial fund has exceeded 320 billion yuan, establishing a comprehensive capital support service system for various industries [7] - Zhejiang is preparing a 100 billion yuan future industry fund and a 100 billion yuan merger mother fund to enhance investment in strategic sectors [8] - The establishment of various funds across different regions, including AI, biotechnology, and cultural industries, reflects a growing trend of local governments supporting innovation and entrepreneurship [9][10][11][12][13][14][15][16][17][18][19][20][21][22][23][24][25][26][27][28][29][30][31][32][33][34][35][36][37][38][39][40][41][42][43][44][45][46][47][48][49] Summary by Sections Government Policies - Shenzhen and Wuhan have introduced policies allowing for significant loss tolerance in government investment funds, promoting a culture of innovation and risk acceptance [2][6] - Wuhan aims to develop a 300 billion yuan fund cluster to enhance financing for private enterprises [6] Fund Establishments - The National SME Development Fund has launched a new sub-fund with a total scale of 2 billion yuan, indicating increased investment activity [3] - Guangzhou's angel fund has partnered with 12 GP institutions, contributing to the establishment of a 100 billion yuan fund [4][5] - Chengdu's industrial fund has surpassed 320 billion yuan, creating a robust capital support system for various industries [7] Regional Developments - Zhejiang is preparing a 100 billion yuan future industry fund and a 100 billion yuan merger mother fund to boost strategic investments [8] - Various regions are establishing funds focused on AI, biotechnology, and cultural industries, reflecting a trend of local governments supporting innovation [9][10][11][12][13][14][15][16][17][18][19][20][21][22][23][24][25][26][27][28][29][30][31][32][33][34][35][36][37][38][39][40][41][42][43][44][45][46][47][48][49]

以下文章来源于解码LP ，作者吴琼 余梦莹 解码LP . 投资界（PEdaily.cn）旗下，专注募资动态 欢迎加入投资界读者群 更多城市加入。 作者 I 吴琼 余梦莹 报道 I 投资界-解码LP 这是国资容错最新一幕。 投资界—解码LP获悉，近日深圳福田区、武汉相继发布新政，列出多条措施吸引人才、 企业聚集。当中不约而同提到—— 在符合条件的情况下，"最高允许100％亏损"。 鼓励创新，宽容失败。当国资成为一级市场主力军，国资容错现实摆在了所有人面前。 "最高允许100%亏损" 开始流行了 "五福礼包"中，瞄准企业发展全周期中的难题。比如，以人才为起点，政策中对新"深圳 人"提供"一册通" "一补贴" "一张床" "一张卡" "一摇蓝" "一场球"的支持，拿出真金白银欢 迎高校毕业生、科技人才等来到深圳。 当中引起创投圈注意的是，针对创业高风险问题，福田区还拿出重新启航"福"礼包，其 中从基金层面为风险容错兜底——放宽政府投资基金的失败容忍比例，允许最高不超过 80%亏损， 对符合条件的项目允许最高100%亏损。 科技创业九死一生，福田区拿出"全周期支持+容错激励"政策支持，无疑吸引更多科创企 业聚集。 抢 ...

投资界—解码LP获悉，近日深圳福田区、武汉相继发布新政，列出多条措施吸引人才、企业聚集。当 中不约而同提到—— 在符合条件的情况下，"最高允许100％亏损"。 鼓励创新，宽容失败。当国资成为一级市场主力军，国资容错现实摆在了所有人面前。 这是国资容错最新一幕。 "最高允许100%亏损" 开始流行了 一切为了科创。 先看深圳福田区推出《2025年新启程教育科技人才"五福礼包"》，涵盖27项专属服务，包括教育、科 技、人才政策。 "五福礼包"中，瞄准企业发展全周期中的难题。比如，以人才为起点，政策中对新"深圳人"提供"一册 通""一补贴""一张床""一张卡""一摇蓝""一场球"的支持，拿出真金白银欢迎高校毕业生、科技人才等来 到深圳。 当中引起创投圈注意的是，针对创业高风险问题，福田区还拿出重新启航"福"礼包，其中从基金层面为 风险容错兜底——放宽政府投资基金的失败容忍比例，允许最高不超过80%亏损，对符合条件的项目允 许最高100%亏损。 科技创业九死一生，福田区拿出"全周期支持+容错激励"政策支持，无疑吸引更多科创企业聚集。 抢人，抢项目。随后武汉也放出最新政策——出台《武汉市进一步促进民营经济高质量发展若干 ...