2010-05-04 Hi-tech Zone joins hands with international venture capital to establish hundreds of millions of investment centers (VC 259)

"The company has been investing continuously for more than three years, and is currently in the stage where it needs more capital to invest in research and development and marketing." Zhu Man, chairman of Zhuhai Palm Media Digital New Media Co., Ltd. (referred to as Palm Media Digital), said yesterday, This is also a contradiction faced by some science and technology enterprises in the high-tech zone when they want to become bigger and stronger. However, this contradiction is expected to be eased. Yesterday, the district officially signed a contract with Sequoia Capital, a venture capital institution specializing in high-tech enterprises, to establish a Zhuhai Sequoia Equity Investment Center with a scale of 100 million yuan. At the same time, the "Wings of Growth" financing platform of the High-tech Zone was established yesterday. Mayor Zhong Shijian and Deputy Mayor Wang Qingli attended the signing ceremony.

Venture capital injection into high-tech zone enterprises

It is understood that the high-tech zone is vigorously promoting the rapid development of the three pillar industries of high-tech industry, cultural and creative industry and high-end service industry. After discussion and communication, the Hi-tech Zone and Sequoia Capital officially signed a contract yesterday to jointly invest in the establishment of a Zhuhai Sequoia Equity Investment Center with a scale of 100 million yuan, focusing on high-tech industries, cultural and creative industries and high-end service industries. Enterprises that need to increase capital and expand production will make investments and provide value-added services in industrial resource integration and listing channels. At present, the investment center has decided to invest in a high-tech enterprise in the high-tech zone.

Red Shirt Capital is known as the most popular venture capital institution in Silicon Valley. It has successively invested in Apple Computer, Yahoo, Google, Cisco, etc. The market value of the companies it invests in has exceeded 10% of the US Nasdaq stock market where high-tech companies gather. Above share.

Mortgage Intellectual Property Receives Ten Million Funds

At the same time, the High-tech Zone Management Committee has also joined hands with Zhuhai Rural Credit Cooperative, Bank of Communications Zhuhai Branch and other banks to jointly build a technology financial service platform for small and medium enterprises to provide debt financing assistance. The high-tech zone management committee established a risk reserve to compensate the cooperative banks for the risk losses caused by loans to enterprises joining the platform at 10% of the loan amount, and used the limited risk guarantee responsibility to mobilize bank funds to support the development of small and medium-sized enterprises. .

Palm Media Digital is the first beneficiary of the "Growth Wing" platform, and obtained a loan of 10 million yuan through intellectual property pledge. Chai Man, chairman of Palm Media Digital, said that technology-based companies have little or no fixed assets and no collateral, so it is difficult to get loans. In his view, this form of restricting the pledge of intellectual property rights to obtain loans is also a relatively innovative way in China.

High-tech Zone hopes to build a nest to attract phoenix

Deputy Mayor Wang Qingli said that the demonstration and amplification of Zhuhai Sequoia Capital ’s equity investment center and the “wing of growth” SME debt financing technology financial service platform will definitely attract more venture capital, projects, technology and talent to high-tech. The district gathers, activates the venture capital market in the high-tech zone and Zhuhai, sets off a boom in venture capital in the high-tech zone and Zhuhai, and realizes a leaping growth in the amount of venture capital in the high-tech zone.

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