August 8, 2019, the beginning of autumn. It's a great day for spring planting and harvesting! The inauguration ceremony of Yangpu Science and Technology Park Joint Growth and Investment Fund and "Spark Start a Prairie Fire" Fund was held in Yangpu District Government Office Building. Xie Jiangang, Deputy Secretary of Yangpu District Party Committee and Mayor of Yangpu District, attended the ceremony and delivered a speech. Mr. Ding Huanhuan, member of the Standing Committee of Yangpu District Party Committee and Deputy Mayor of Yangpu District, presided over the ceremony. Leaders of the Municipal Science and Technology Commission, Municipal Finance Office, leaders of universities and the Stock Exchange, representatives of key enterprises such as the District Commission for Discipline Inspection, District Propaganda Department, District Development and Reform Commission, District Finance Bureau, District Finance Office, District Investment Promotion Office, District Taxation Bureau and National Technology Transfer Eastern Center attended the inauguration ceremony. Mr. Xie Jihua, President and General Manager of Yangpu Science and Technology Entrepreneurship Center, and Mr. Yan Mingfeng, Executive Director of the Eastern National Technology Transfer Center, were invited to attend the signing ceremony.

Signing Ceremony of Yangpu Science and Technology Park Joint Growth Investment Fund

Yangpu Science and Technology Park Joint Growth Investment Fund is jointly launched by four university science and technology parks, namely Fudan University, Tongji University, Cai Da University and Shanghai Polytechnic University, Yangpu Science and Technology Group, Yangpu Science and Technology Center and China Shipbuilding Science and Technology Park, with the principle of "resource sharing and complementary advantages", integrating the advantages of each science and technology park in terms of talents, technology, capital, projects and characteristic industries. In order to promote the combination of science and technology and finance, and to accelerate the hatching, transformation and industrialization of high-quality scientific research results of universities, the current scale of the first phase is proposed to be 300 million yuan.

Signing Ceremony for the "Sparkle and Prairie Fire" Fund

The target size of the "Spark and Prairie Fire" fund is 22.8 million yuan, which is entrusted to the National Technology Transfer East Center and the Shanghai University of Science and Technology Science and Technology Achievement Transformation Company to manage. The fund aims to assist the transformation of scientific research results in universities, with the result transformation organization as the link and the government investment fund as the guide, to attract investment participation from social institutions matching the scientific research results, so as to transform the scientific research results into patents and products with market value that can realize industrialization development.

The East Center has been committed to providing a full chain of services including technology transaction, technology finance and industry incubation, to establish a fourth-party platform with platform, internationalization, marketization, capitalization and specialization, to build an innovation ecological system for the transformation of scientific and technological achievements, and to help Shanghai build a "scientific and innovative center with global influence". We are looking forward to further achievements." Obtaining the management qualification of the "Sparkle Prairie Fire" Fund is not only a recognition of our past work performance and ability, but also an expectation for us to achieve even greater success. Our center has already formulated various internal management system documents and programs on fund investment strategy, management structure, risk control and post-investment management, and the proposed projects have been actively reserved. We strive to achieve excellent fund performance returns through professional operation, attract more market-oriented funds to pay attention to the transfer and transformation of university scientific and technological achievements, and jointly promote the early formation of the market mechanism for the transfer and transformation of university scientific and technological achievements.