Shanghai: Establish a fast-track mechanism for establishing equity investment funds

Jinshi data, July 31st, Shanghai issued the implementation opinions on further playing the role of the Capital Market to promote the high-quality development of the city’s science and technology innovation enterprises. The opinions mentioned the aggregation of equity investment elements resources. High-quality construction of equity investment aggregation areas, clarification of a one-stop service department, and establishment of a fast-track mechanism for the establishment of equity investment funds. Make good use of the city’s three major pilot industry investment funds, future industry funds, angel investment guidance funds, and venture capital guidance funds and other government guidance funds, strengthen the linkage of government guidance funds at the city and district levels, and drive social capital to invest early, invest in small and hard technology.