Recently, Tianjin Binhai IP Equity Investment Fund (“Fund”) was registered in Binhai-ZGC Collaborative Innovation Demonstration Base.

The first phase of the IP Equity Investment Fund, led by the IP Office of Binhai New Area, has raised 41 million yuan.  Six institutions, including Tianjin ZGC Science Park Operation and Service Co., Ltd., Tianjin Binhai Industry Fund Management Co., Ltd. and CAS Parent Funds, jointly initiated the IP Equity Investment Fund and acted as its main operators.

Among them, Tianjin ZGC Science Park Operation and Service Company invested 10 million yuan to support high-quality sci-tech projects with advanced technology, industrial driving force and broad market prospects, and to boost industrial development.

The IP Equity Investment Fund will focus on the key industrial fields, such as biomedicine, artificial intelligence, big health, digital medical care, intelligent manufacturing and etc. It will take enterprises located in the Tianjin Binhai-ZGC Science Park as the main target of investment, and drive the development of the whole Binhai New Area.

The Fund aims to help enterprises grow bigger, better and stronger, attract more high-quality projects to settle in the Science Park, assist the economic and social innovation and development as well as industrial transformation and upgrading in Binhai New Area of Tianjin, and deepen the strategic planning of the transformation of patented technology achievements.