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Posted On: 01/30/2017 10:13:44 PM
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"Partnering with state funds can lower the cost of capital and obtain support from the government on deal sources,"
That is not surprising, considering the four stated purposes of these funds are to support innovative start-ups, help grow small and medium enterprises, assist industrial upgrade, improve infrastructure and public service.
"We are not concerned about investment returns, and we don't have any investment targets," said a general manager at a local city industry fund on the condition of anonymity. "Our primary concern is to stimulate the innovative economy."
"Partnering with state funds can lower the cost of capital and obtain support from the government on deal sources,"
That is not surprising, considering the four stated purposes of these funds are to support innovative start-ups, help grow small and medium enterprises, assist industrial upgrade, improve infrastructure and public service.
"We are not concerned about investment returns, and we don't have any investment targets," said a general manager at a local city industry fund on the condition of anonymity. "Our primary concern is to stimulate the innovative economy."
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