Tianjin: Support all kinds of venture capital funds to invest in locally non-listed technology-based enterprises. Venture capital management institutions that have invested for more than 2 years will be rewarded up to 5 million yuan annually.

The "Tianjin Municipal Science and Technology Finance to Support the Development of New Productive Forces Action Plan" was recently opened for public consultation. It mentions creating a strong atmosphere for entrepreneurial investment. It supports various venture capital funds to invest in local unlisted technology-based enterprises, and rewards entrepreneurial investment management institutions that have invested for at least 2 years by 1% of the social capital portion of the actual investment amount, with a maximum annual reward of 5 million yuan per institution. Implementing tax support policies for entrepreneurial investment enterprises and angel investors investing in seed-stage and early-stage technology-based enterprises. Organizing high-level, forward-looking, and disruptive technology innovation and entrepreneurship competitions, establishing a high-quality project library for strategic emerging industries and future industries, and creating an excellent entrepreneurial ecosystem with abundant entrepreneurial talent, sufficient science and technology projects, and concentrated venture capital.