Give full play to the leverage effect of the guiding fund, focus on the strategic emerging industries that meet the needs of Nanjing, and cooperate with well-known venture capital institutions in the industry, central enterprises, large private enterprises and the world's top 500 multinational companies to jointly establish equity investment funds. The cooperative institutions include Shenzhen Venture Capital (Red Earth), Provincial High Investment (Bangsheng Capital), Su Venture Capital (Kaiyuan Venture Capital), Weisi Capital, Jinmao Capital and TCL Venture Capital. (At present, 24 market-oriented investment funds, 3 urban cooperation funds and 3 industrial cooperation funds have been initiated and established. The total size of the fund is more than 6.3 billion yuan, and the scale of the guiding fund is enlarged by 7.16 times. As of December 2017, the guiding fund has invested in 214 projects with a total investment of about 2.89 billion yuan, including 81 Nanjing projects with a total investment of 0.91 billion yuan.)

At the end of 2016, the Nanjing Municipal Government invested 10 billion yuan to initiate the establishment of the Nanjing Industrial Development Fund with a total scale of 50 billion yuan, aiming to give full play to the guidance, incentive and leverage of government investment funds through market-oriented methods, and attract social capital and professional institutions to participate. Promote the transformation and upgrading of Nanjing's industry and the development of the real economy. The fund focuses on 14 key areas in seven categories, including new generation information technology, integrated circuits, high-end equipment manufacturing, new materials, and biomedicine. At present, the Emerging Industry Development Fund plans to contribute 2.4 billion yuan, and jointly initiate the establishment of 11 sub-funds with CICC Capital, Yida Capital, Suning Group, Haier Group, Su Min Investment, Guojian Capital, Heli Capital, Fangsheng Capital, Redstone Capital and other institutions, with a fund size of 16.5 billion yuan. The fund's investment fields cover integrated circuits, new generation information technology, high-end equipment, new materials, biomedicine, consumption upgrades and other fields.

In 2018, in order to implement the requirements of the document ''Several Policies and Measures on Building an Innovative City with Global Influence'' issued by the Nanjing Municipal Party Committee and Municipal Government, strengthen the integration of finance, industry, and technology, accelerate the industrialization of scientific and technological achievements, and promote mass entrepreneurship and innovation. Promote the construction of a famous innovation city. The Nanjing municipal government will invest not less than 5 billion yuan in stages to set up a municipal science and technology innovation fund.

The Science and Technology Innovation Fund will take various new R & D institutions and high-tech parks as the main position, vigorously develop innovative industrial clusters, and help cultivate innovative leading enterprises. Through cooperation in the establishment of sub-funds and direct investment, we will support "two landing and one integration", the cultivation of new R & D institutions and their projects, the cultivation of innovative enterprises and industries, and the cultivation of talent introduction projects. Focus on the angel, start-up period of scientific and technological innovation projects.

Focusing on improving Nanjing's talent competitiveness, technological competitiveness, and industrial competitiveness, the young college student entrepreneurship leadership plan has been fully promoted. Under the guidance of the Municipal Human Resources and Social Security Bureau and the Finance Bureau, the investment in college student entrepreneurship projects (seed stage projects) and the establishment of campus cooperation funds continue Carry out.

Since 2012, a total of more than 9000 entrepreneurial projects for college students have been applied for, of which 830 large-scale projects have received fund investment and funding, with a total amount of more than 0.16 billion yuan, driving more than 4000 direct employment. The overall operation of the invested large-scale venture enterprises is normal, and some enterprises have grown rapidly. They have won many gold and silver awards in the national entrepreneurship competition, and have carried out subsequent rounds of financing.

At the same time, Zijin Kechuang and Nanjing University, Southeast University, Nanjing University of Science and Technology, Nanjing University of Posts and Telecommunications, Nanjing University of Aeronautics and Astronautics, Nanjing University of Information Engineering, Nanjing Xiaozhuang College, Nanjing Institute of Information Technology, Jinling Institute of Science and Technology, Nanjing Industrial Vocational and Technical College Established 10 campus cooperation funds with a total scale of 50 million yuan, allowing the policy of supporting college students' entrepreneurship to further enter the campus. (Image or chart display)

A total of 11 direct investment funds have been established with a scale of about 2 billion yuan, investing in more than 80 venture capital projects, involving high-end equipment manufacturing, energy conservation and environmental protection, electronic information and other industries, with a total investment of more than 1.1 billion yuan. Among them, the main board listed enterprises 2, Hong Kong listed enterprises 1, mergers and acquisitions listed 2, the new three board listed enterprises 15.

Since 2016, in order to implement the major decisions and arrangements of the municipal party committee and municipal government, innovate the mode of financial support for economic and social development, and improve the efficiency of financial funds to support the development of science and technology start-ups and emerging industries, two funds have been set up with a scale of 0.4 billion yuan, directly used to invest in science and technology start-ups in line with the industrial development direction of Nanjing, the main purpose is not to make profits, but to play a policy support and guiding role, focusing on start-up enterprises, mainly in electronic information, intelligent manufacturing, energy conservation and environmental protection, biomedicine and other fields. By the end of 2017, the two funds had invested in 29 projects with a total investment of 0.132 billion yuan.

2018 is the year for Nanjing Innovation Investment Group to set sail. We will make every effort to focus on the goal of building an innovative city with global influence, and in line with the attitude of "high ambition, down-to-earth, pursuit of excellence, and striving for first-class", give full play to the government and The dual role of the market has quickly become an important force in the construction of Nanjing's innovative city and a vibrant force in China's venture capital industry.