Shanghai new regulations angel investment losses can be compensated by the government

Shanghai new regulations angel investment losses can be compensated by the government

Category : reljmhpc

 

in new network on 25 January, according to the Shanghai Municipal Science and Technology Commission official website news, the construction of science and technology innovation center with global influence to accelerate Shanghai, promote public entrepreneurship, innovation, and guide social capital to increase the seed stage, start-up technology enterprises put into force, with the Shanghai Municipal Finance Bureau, Shanghai Municipal Development and reform the science and Technology Committee of the Shanghai Municipal Committee formulated the "Interim Measures" Shanghai angel investment risk compensation management regulations, angel investment investment losses by the government compensation. The measures shall come into force as of February 1, 2016.

It is reported that

, to implement the "CPC Central Committee and the State Council on deepening the reform of institutional mechanisms to accelerate the implementation of innovation driven development strategy of opinions", "on accelerating the construction of Shanghai has a global influence of science and technology innovation center", "on further increase financial support to accelerate the construction of a global influence of science and technology innovation center" and other supporting policies the spirit of the document, accelerate the construction of Shanghai science and technology innovation center with global influence, strengthen angel investment, promote public entrepreneurship, innovation ", with the Shanghai Municipal Finance Bureau, Shanghai Municipal Development and Reform Committee of the Shanghai Municipal Science and Technology Commission formulated the" Interim Measures of Shanghai Municipality for angel investment risk compensation management ".

said the risk compensation measures, refers to the investment institution seed stage, start-up technology enterprises, the final recovery of the transfer income and exit has invested some of the difference between the amount of investment of enterprise, to be a certain percentage of the financial compensation.

The scope and conditions of

risk compensation

According to

reports, venture capital institutions risk compensation scope for investment in the city in January 1, 2015 after the seed stage, start-up technology enterprises (hereinafter referred to as "investors").

said the approach of seed stage enterprises, refers to the establishment time of not more than 3 years, the number of employees less than 50 people, with total assets of not more than 5 million yuan, annual sales or turnover of not more than 5 million yuan; the business start-up period, refers to no more than 200 employees, with total assets of not more than 20 million yuan, annual sales or turnover of not more than 20 million yuan; science and technology enterprises, is defined according to the Shanghai Municipal Science and technology enterprise standards related to the enterprise. Application for risk compensation of investment institutions must be in accordance with the Interim Measures for the management of venture capital enterprises in Shanghai venture capital filing management department to complete the record.

standard for risk compensation

according to reports, the investment mechanism for investment institutions to invest in the seeds of science and technology enterprises in the event of investment losses may be no more than 60% of the actual investment losses to be compensated. Investment losses incurred by an investment institution in the start-up phase of a technology enterprise project may be compensated for not exceeding 30% of the actual investment loss.

the amount of compensation for investment losses for each investment project is not more than 3 million


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