cvn

Pudong Will Get Its Own VC Firm

Filed in archive Venture Capital on November 11, 2008

China Economic Review is reporting that Shanghai's Pudong district is going to get its own venture capital firm.

A government sponsored investment fund worth almost $300 million is going to focus on Pudong, with an emphasis on "fast-growing areas such as IT, modernized manufacturing and new energy." The planned fund will be created by the Shanghai Pudong Science and Technology Investment Co (backed by the City of Shanghai) and will be managed by Softbank China Venture Capital (part of Japan's Softbank Corp).

Jin Mao Tower in Pudong
Photo courtesy of iStockphoto, David Pedre




Permalink: Pudong Will Get Its Own VC Firm

Tags: shanghai  pudong  venture  capital  china  venture+capital  shanghai+pudong  advertisement+book 

Vote for Pudong Will Get Its Own VC Firm:

  • Currently 7.00/10
  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
Rating: 7.00 out of 2 vote(s) cast.
 
Share It
RSSrss
Google google
Yahoo! yahoo
Addthis Subscribe using any feed reader!
Bloglines Bloglines
TwitterFollow us on Twitter!
Tagcloud
Most Popular   Agreement   Best of   Blogs   Book review   Commodities   Conferences   Did you know   Entrepreneurship   Incubators and Science Parks   Information Sources   Innovation   Internet   IPOs   Law   M&A   Mergers and Acquisitions   Misc   News   Outsourcing   Policy