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Guangdong: Enhancing Government Support for Venture Capital Funds with Adjusted Funding, Risk Tolerance, and Profit-Sharing Ratios
2 week ago /
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Author：小编
The General Office of the Guangdong Provincial Government has unveiled a revised plan for managing government investment funds, aiming to bolster support for early-stage, small, long-term, and hard technology enterprises. Key adjustments include a moderate increase in the proportion of government funding allocated to venture capital funds, enhanced risk tolerance, and an elevated profit-sharing ratio. Furthermore, the plan extends the duration and performance evaluation cycle, ensuring that assessments are not solely based on the profit or loss of a single project or year, thereby fostering a more conducive environment for long-term investments.
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