Core Viewpoint - Jiangsu Province has launched its third batch of strategic emerging industry mother funds, totaling 15.5 billion yuan, demonstrating continued investment activity despite a general slowdown in government-led fund establishment across the country [1][9]. Fund Overview - The third batch consists of five funds with a total scale of 15.5 billion yuan, including one cooperative fund of 10 billion yuan, two municipal industry-specific mother funds of 4 billion yuan each, one provincial enterprise industry-specific fund of 1 billion yuan, and one future industry angel fund of 500 million yuan [1][3][4]. Fund Details - The 10 billion yuan cooperative fund, Cheng Tong Science and Technology Investment Fund (Jiangsu), is the first industry-specific fund established in collaboration with central enterprises, aimed at enhancing cooperation and supporting technological innovation in Jiangsu [3][6]. - The municipal industry-specific mother funds include a 3 billion yuan fund focused on new energy and integrated circuits in Xuzhou, and a 1 billion yuan fund targeting high-end intelligent manufacturing in Zhenjiang [4][7]. - The 1 billion yuan provincial enterprise fund, Jiangsu Agricultural Reclamation Modern Biotechnology Industry Investment Fund, focuses on direct investments in pharmaceuticals, biotechnology, and specialty food sectors [4][7]. - The 500 million yuan future industry angel fund aims to support high-level talent in innovative entrepreneurship across various advanced technology sectors [4][7]. Characteristics of the Third Batch - The third batch of funds features increased partnerships with central enterprises, expanding regional coverage to all 13 municipalities in Jiangsu, and a broader range of supported sectors, particularly in biotechnology and future industries [6][7]. Historical Context - Since its inception in June 2024, the Jiangsu Province mother fund has rapidly grown, with a total scale exceeding 100 billion yuan within a year, marking a significant milestone in the establishment of provincial mother funds [9][10].

江苏省战略性新兴产业母基金(简称"江苏省战新母基金")第三批产业专项基金正式启动。 截至目前，江苏战新基金集群已经实现全省13个设区市全覆盖，重点投资新能源、新能源(智能网联)汽 车、低空经济和空天产业、新型电力(智能电网)、海工装备与高技术船舶、新材料等产业领域。 此外，江苏省农垦集团发起的规模10亿元的江苏农垦现代生物技术产业投资基金，将围绕医药健康、生 物农业、特色新型食品等相关领域开展直投，进一步加大省属企业战略性新兴产业投资布局，增强国有 企业核心功能、提高核心竞争力。 在扶持天使投资方面，由江苏高投集团和苏州创新投资集团共同发起的5亿元江苏省新智未来产业天使 投资基金，重在支持更多高层次人才创新创业，推动通用智能、先进计算、第三代半导体、量子科技、 合成生物、前沿新材料、深海、深地、空天开发等未来产业领域更多前沿科技成果转化落地，进一步服 务江苏省打造具有全球影响力的产业科技创新中心。 据悉，江苏省战新母基金自去年6月正式启动运作至今刚满一年，该基金充分发挥政府引导基金的撬动 效应，成效显著，有力支撑了全省战略性新兴产业和未来产业的发展壮大：目前两批产业专项基金共36 只、规模914亿元已全部组建 ...