TEDA’s First Regional Sci-tech Innovation FOF Launched

A cooperation agreement was recently signed by the TEDA State-owned Capital Investment and Operation Co., Ltd., TEDA Industrial Development Corporation, and Bank of Tianjin to establish the Bank of Tianjin · Tianjin Science and Technology Innovation Growth Fund (Tianjin Economic-Technological Development Area). This is the first regional science and technology innovation Fund of Funds (FOF) in TEDA. The fund will focus on key industries in the area, particularly intelligent equipment, healthcare, and next-gen information technology, to further enhance support for technological innovation.

TEDA State-owned Capital Investment and Operation Co., Ltd., the funder, will fully leverage its advantages in industrial funds and other financial instruments to actively connect with high-quality projects, thereby promoting the transformation and application of technological innovation achievements. TEDA Industrial Development Corporation aims to develop into a world-class operator in industrial ecosystem cultivation, continuously expanding new business for the growth of TEDA’s industries and enterprises.