The investment community - Decode LP learned that recently, Beijing Science and Technology Innovation Investment Management Co., Ltd. announced that Beijing Science and Technology Innovation Fund intends to participate in the sub fund, which was reviewed and approved by the 34th Investment Committee of Beijing Science and Technology Innovation Fund Zhongke Chuangxing Phase III Fund 。
It is reported that in October 2018, the Beijing Municipal Government approved the establishment of the Beijing Science and Technology Innovation Fund (hereinafter referred to as“ Beijing Science and Innovation Fund ”）And is jointly funded by the Beijing Municipal Government Investment Guidance Fund, Beijing state-owned enterprises, CICC Capital, etc. The fund has a total size of 30 billion yuan, with an initial period of 20 billion yuan and a duration of 15 years. It is the first master fund focusing on hard science and technology investment on a large scale, and also an important starting point for Beijing to promote the construction of an international science and technology center.
The official website shows that, Zhongke Chuangxing It is a hard science and technology entrepreneurship incubation platform initiated by the State owned Assets Management Co., Ltd. of the Chinese Academy of Sciences and Xi'an Institute of Optics and Fine Mechanics in conjunction with social capital. Centering on key investment fields such as optoelectronic chips, artificial intelligence, aerospace, and intelligent manufacturing, Zhongke Chuangxing mainly invests in start-up and early technology-based SMEs with growth potential and independent innovation capability. At present, several funds that have been put into operation under the management of China Science and Technology Innovation Star, such as Xike Angel Fund, Qin Chuangyuan Hard Science and Technology Fund, Shaanxi Optronics Integration Fund, Beijing Hard Science and Technology Venture Capital Fund, have a total scale of 8.1 billion yuan.
