Information of cnnb.cm.cn (journalist Jin Lu, correspondents Xu Jingwei and Wang Huyu) From a seedling enterprise in the high-risk period, in which “nobody dares to invest” to the products’ entry into the production line of lithium ion battery leading enterprise, it only took Ningbo GLOB Robot Co., Ltd. half a year. This change was due to the timely help of the guidance fund of RMB of 1,500,000 of Municipal Angel Investment. Guided by this fund, the company has obtained the investment of nearly RMB tens of millions from the fund subordinate to Shanshan Group recently.
This is an epitome of the guidance funds of Municipal Angel Investment leveraging the social capital and supporting scientific and technological innovation. As of the end of March this year, this fund had sent “financial flowing water” to 230 start-ups in the city and had leveraged the social capital of nearly RMB 3,000,000,000.
In order to better support the development of scientific and technological enterprise in the start-up period, our city has issued “Version 2.0” of Measures for Management of Guidance Fund of Angel Investment recently. The total scale of funds will be expanded to RMB 1,000,000,000, and the single highest investment amount will be increased to RMB 3,000,000, increasing by 50% compared with the original amount.
Under the new management mode, Guidance Funds of Angel Investment will give better play to the multiple amplification effect to enhance the stability of the investment groups. In the support method, guidance funds will increase the new financing “windows” for participating in the equity at the stage and will jointly establish the sub-funds with the social service institutions such as commercial banks and investment management institutions to break through the scientific and technological innovation service chain.
In terms of fund incentive mechanism, “Version 2.0” of Measures for Management encourages the core scientific and technological teams to contribute capitals to participate in equity and jointly participate in the operation of funds.
Today, Municipal Angel Fund will focus on Ningbo “246” one-thousand-trillion-level industry cluster and emphasize the fields such as auto manufacturing, high-end equipment and key basic parts to play the well-leveraged role.