Core Viewpoint - The article highlights the role of venture capital in fostering innovation and supporting the growth of technology-driven companies in Tianjin, particularly focusing on Feiman Power Technology Co., Ltd. and its sustainable aviation fuel project. Group 1: Company Development - Feiman Power, founded in 2021, is preparing to establish a demonstration plant for electro-synthesized sustainable aviation fuel, marking its transition to large-scale production [1]. - The company has completed five rounds of financing and established strategic partnerships with airlines, airports, aircraft manufacturers, and petrochemical companies [2]. - The support from Tianchuang Capital has been crucial for Feiman Power, providing both financial backing and strategic guidance during critical development phases [1][2]. Group 2: Venture Capital Ecosystem - Tianchuang Capital has invested in approximately 60 technology-oriented SMEs in Tianjin, with over 10 companies successfully listed on the A-share market [2]. - The Tianjin Kaikai Higher Education Innovation Park has registered over 3,800 companies and established more than 40 funds, facilitating nearly 2.7 billion yuan in financing for enterprises [2]. - The Tianjin banking sector has engaged in innovative financing models, issuing 2.7 billion yuan in loans benefiting 154 technology enterprises through a loan-equity linkage approach [3]. Group 3: Policy and Regulatory Support - Tianjin has introduced measures to enhance the quality of venture capital development, increasing the maximum contribution ratio from local governments to venture funds from 50% to 80% [3]. - The city aims to attract quality capital and stimulate venture capital activity through policy incentives, promoting a synergistic relationship between technology and capital [3].