A catalyst for business success in Zhangjiang
Jiuyou Fund was one of the first companies to set up shop in the Zhangjiang Hi-Tech Park in 2011 and it has played an integral role in attracting enterprises to other high-tech parks it has set up in cities like Zhangjiakou in Hebei province, Xiaoxian county in Anhui province and Lanzhou in Gansu province.
Jiuyou Fund has formed partnerships with 12 other similar private equity platforms all over the world, including firms in the United States, Italy, Germany and Japan.
But unlike conventional private equity companies, Jiuyou Fund acts as an industrial fund, an incubator accelerator and an information and resource connector that works with local governments to provide an innovative investment platform for high-tech enterprises. In the Zhangjiang National Innovation Demonstration Zone, Jiuyou Fund gathers resources that are contributed by overseas enterprises in the city.