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Live Updates  >  Live Update Details

2025-11-02 20:01:02

On October 31, the first phase of the Jiangsu Social Security Science and Technology Innovation Fund was officially signed and launched in Suzhou. The fund was jointly established by the National Council for Social Security Fund, the Jiangsu Provincial Government, the Suzhou Municipal Government, and ICBC Investment, with an initial scale of 50 billion yuan. Suzhou Innovation Investment Group Co., Ltd. serves as the manager. It adopts a two-tier structure of "fund of funds + direct investment" and a joint management model to achieve an organic combination of resource integration and professional operation. It will rely on the strong industrial foundation and innovation ecosystem of Jiangsu and Suzhou to carry out investments around the entire life cycle of enterprises, focusing on supporting high-quality science and technology innovation projects with breakthrough technologies, high growth potential, and the ability to enhance the resilience and security of the regional industrial chain.

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