Hangzhou: Support for financing for neuromorphic intelligence enterprises

The General Office of the Hangzhou Municipal People's Government recently issued "Several Measures to Support the Innovation and Development of Future Industries of Artificial Intelligence". Among them, it is proposed to support financing for artificial intelligence enterprises. Support government industrial funds to increase investment in the artificial intelligence industry, and encourage leading chain enterprises, financial institutions, and others to establish artificial intelligence industry funds. Improve the "early investment, small investment, innovative investment" mechanism, encourage social capital to jointly invest in artificial intelligence science and technology projects, and reward management companies of various types of market-oriented private equity and venture capital funds that have been lawfully established, invest in seed and early-stage artificial intelligence science and technology enterprises for more than 2 years based on a standard of no more than 10% of the actual investment amount, the management company will be rewarded, with a maximum reward of 1 million yuan for investing in one company and a maximum annual reward of 5 million yuan for a single management company.