Local governments have enhanced the vitality of commercial aerospace market financing through industry guidance funds. In 2024, some provinces and cities have newly established industrial funds. These funds will provide certain financial support to commercial aerospace companies in the future and help them better carry out technology research and development and innovation.<\/p>\n
Beijing<\/p>\n
On July 5, 2024, Beijing established the “Beijing Commercial Aerospace and Low-altitude Economic Industry Investment Fund” with a total scale of 10 billion yuan, focusing on supporting innovative and growing enterprise projects in the fields of commercial aerospace and low-altitude economy. The fund is jointly held by Beijing Municipal Government Investment Guidance Fund (Limited Partnership), Beijing Dachen Kunpeng Management Consulting Partnership (Limited Partnership) and Beijing Jingguoguan Real Estate Management Co., Ltd.<\/p>\n
Shanghai<\/p>\n
On September 7, 2024, Shanghai announced the establishment of a future industry fund to support hard technology fields and future industries in early stages such as proof of concept and pilot testing. The total scale of the Future Industry Fund is 10 billion yuan, fully funded by the Shanghai Municipal Government, with a term of 15 years, and can be extended by 3 years according to circumstances. Future Industry Fund adopts the model of \u201cdirect investment + sub-fund investment\u201d.<\/p>\n
Wuxi City<\/p>\n
On February 29, 2024, Liangxi Science and Technology Innovation Fund of Funds completed the expansion of the first phase of the fund from 3 billion yuan to 5 billion yuan. The fund was jointly initiated and established by the Liangxi District People’s Government and Liangxi Science and Technology City, with a total scale of 10 billion yuan, and Bohua Capital serves as the manager. Through the “finance + industry” and “fund + project” models, we will lead the gathering of emerging science and technology industries and future industries in Liangxi District. After the fund’s expansion, it attracted 11 companies in the commercial aerospace field, including Galaxy Aerospace, Tianbing Technology, and Micro-Nano Starry Sky, to settle in Liangxi.<\/p>\n
Hefei City<\/p>\n
On November 1, 2024, Jinsha Capital, a subsidiary of Shagang Group, initiated the establishment of the Hefei Jincheng Aerospace Industry Fund in Hefei. The total size of the fund is 1.3 billion yuan, mainly invested in areas such as commercial aerospace and special materials.<\/p>\n
Ningbo City<\/p>\n
On December 16, 2024, the Ningbo Qianwan New Area Aerospace Industry Fund officially completed its registration. The fund size is 1 billion yuan and is jointly managed by Ningbo Commercial Industrial and Yarong Venture Capital. It is mainly invested in commercial aerospace, low-altitude economy, high-end equipment and other related industries.<\/p>\n
Tianjin City<\/p>\n
On November 21, 2024, Tianjin Tianbao Holdings Co., Ltd., Tianjin Binhai Industrial Fund Management Co., Ltd., Bank of Communications Financial Assets Investment Co., Ltd., and Bank of Communications Tianjin Branch jointly signed a strategic cooperation agreement, marking the official launch of the Bank of Communications AIC Equity Investment Fund. The fund has a total scale of 1 billion yuan, and its investment directions include but are not limited to aerospace, marine economy, biological manufacturing, intelligent equipment manufacturing, new energy, etc.<\/p>\n","protected":false},"excerpt":{"rendered":"
Local governments have enhanced the vitality of commercial aerospace market financing through industry guidance funds. In 2024, some provinces and cities have newly established industrial funds. These funds will provide certain financial support to commercial aerospace companies in the future and help them better carry out technology research and development and innovation. Beijing On July […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":"","_links_to":"","_links_to_target":""},"categories":[2],"tags":[],"class_list":["post-25487","post","type-post","status-publish","format-standard","hentry","category-news"],"acf":[],"_links":{"self":[{"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/posts\/25487"}],"collection":[{"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/comments?post=25487"}],"version-history":[{"count":0,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/posts\/25487\/revisions"}],"wp:attachment":[{"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/media?parent=25487"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/categories?post=25487"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/tags?post=25487"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}