Innofund
Overview:
The Innovation Fund for Small Technology-based Firms (Innofund) is a special government fund set up to facilitate and encourage the innovation activities of STFs.
Innofund provides mainly grant funding and loan interest subsidies, but also makes targeted equity investments. About 6% of the fund invests in energy and energy savings.
Country:China
Geographic coverage:China
Mechanism:
| Other Equity |
| Venture Capital |
Programs:
Energy and energy savings
Annual budget:
RMB 500 million per year ($66.2 million).