Company advantages of Shanghai Venture Capital Co., Ltd.

Since its establishment, Shanghai Venture Capital Co., Ltd. has relied on the municipal government’s 600 million yuan in seed capital to attract and support domestic and overseas venture capital institutions, funds and talents to gather in Shanghai, effectively promoting technology, capital and industry in a variety of ways. Forms have been transformed and combined at multiple levels. In just two years, the scale of venture capital investment has snowballed to more than 3 billion yuan, and it has begun to become a powerful propeller for Shanghai to develop high technology, realize industrialization, and carry out innovation and entrepreneurship. The company's successful practice has received widespread attention from all aspects: How does the 5-fold amplification effect of government seed funding come about?

Shanghai Venture Capital Co., Ltd. adheres to the basic idea of ??using government funds as seed capital to attract various types of funds at home and abroad, and strives to expand the scale of funds. So far, it has signed cooperation contracts with a number of domestic and foreign investment institutions and established 13 venture funds with good momentum of development. For example, through many negotiations with American Cutler financial fund institutions, an agreement has recently been reached on the establishment of a US$150 million "First Asia" venture capital fund in Shanghai. Shanghai Venture Capital Co., Ltd. has also organized relevant personnel to communicate with venture capital organizations and institutions in Silicon Valley, Taiwan, Hong Kong and Singapore on many occasions, not only promoting and introducing Shanghai, but also discussing cooperation and actively introducing management talents, operational experience and more overseas venture capital.

In the process of mobilizing private funds and expanding investment scale, Shanghai Venture Capital Co., Ltd. has adapted to the direction of Shanghai's industrial structure adjustment and vigorously promoted the development of professional venture funds in the fields of information, biotechnology, new materials, and environmental protection. , including a 45 million yuan information technology innovation fund, a 30 million yuan biotechnology fund, a 100 million yuan bioinvestment fund focusing on investing in key projects, and a 100 million yuan new materials fund. The company focuses on investment in high-tech fields and small technology companies in the growth stage, with universities, Chinese Academy of Sciences, overseas students and private technology companies as its main targets. After screening thousands of projects, it has invested in 74 projects so far. The total amount is nearly 2.4 billion yuan.

Shanghai Venture Capital Co., Ltd. injected 280 million yuan. During this process. Shanghai Venture Capital Co., Ltd. insists on locating venture capital funds in high-tech parks, incubators and university science parks, which is more conducive to being closer to and supporting innovation and entrepreneurship. The company has now established 8 venture capital fund companies in Shanghai Zhangjiang and Caohejing High-tech Parks, the Chinese Academy of Sciences, Fudan University, Shanghai Jiao Tong University, Tsinghua University, etc., allowing venture funds to directly enter the front line of scientific and technological achievements transformation. It has also established an "investment and loan alliance" with China Merchants Bank, Bank of Shanghai and other banks, bringing the total amount of managed or disposable funds to 2.8 billion yuan; there are currently 20 professional investment management companies, attracting more than 100 venture capital professionals, including 30 % have overseas study or work experience; there are more than 150 investment projects in total, distributed in high-tech fields such as information, biology and medicine, new materials, environmental protection, etc. Most of them are technology-based small and medium-sized enterprises in the start-up and early growth stages.

Shanghai Venture Capital adheres to the policy of "active exploration and diligent practice", adopts "fund of funds", "entrusted management" and other operating models, and establishes "government guidance, private entities, expert financial management, market-oriented "Operation" mechanism; we have made great achievements in linking the technology, finance and industry sectors to establish a diversified venture capital system, achieve rapid capital amplification, cultivate venture capital management institutions and the development of small and medium-sized private high-tech enterprises, and support the growth of entrepreneurial talents. Have certain achievements and experience.

The new mechanism of Shanghai Venture Capital Company has changed the past practice of government investment in new science and technology projects under the planned economy system into a professional one where the government allocates a sum of funds and entrusts a fund management company to Personnel are used to screen projects, decide investment directions, and conduct project management. This is a great improvement. Shanghai Venture Capital Co., Ltd. implements an operating model in which investors and managers are separated in accordance with international practice. Shanghai Venture Capital Co., Ltd. supports and trains professionals who understand technology, business management and capital operations to form venture capital management institutions and attract overseas venture capital experts. Currently, 80 people have established 18 management companies to manage all funds. These management About 30% of the experts have overseas study and work experience. They have rich experience in venture capital management and have a broad vision. At the same time, investment success or failure is closely linked to their own economic returns, and their responsibilities, rights and interests are clear. Therefore, it is easy to establish good relationships with entrepreneurs during the investment decision-making and project management process. Therefore, the operation of the project is easy to be effective.

Shanghai Venture Capital Co., Ltd. is at its peak. Shanghai Venture Capital is forming extensive alliances with investors, managers, and entrepreneurs at home and abroad, and has established partnerships with venture capital circles at home and abroad such as the United States, Singapore, Hong Kong, Taiwan, Jiangsu, and Zhejiang. Interdependent and interactive, its role is particularly prominent in the development of high technology. This business has just emerged in the country. Shanghai Venture Capital Co., Ltd. firmly believes that my country's venture capital has broad development prospects and will surely shine in the fields of knowledge innovation and technological innovation. Shanghai Venture Capital Co., Ltd. is based in Shanghai, integrated with the country, and oriented to the world, creating a bright future for the new economy.