SME Development Fund of China
Funds Chinese innovative small and medium-sized enterprises via commitments to specialist funds managed by MIIT-linked structures.
The National SME Development Fund of China (国家中小企业发展基金) is a government-backed equity fund-of-funds jointly established by the Ministry of Finance and the Ministry of Industry and Information Technology (MIIT) to catalyse private capital investment into innovative Chinese small and medium-sized enterprises. The fund operates as a mother-fund that makes LP commitments into professionally managed da…
Chinese government-backed equity fund-of-funds making LP commitments of CNY 1 million to CNY 300 million into MIIT-registered daughter funds that invest in innovative Chinese SMEs.
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