The Rise of Chinese Venture Capital – (Part 3 of 5)
Steve Blank
APRIL 12, 2013
SBIR and STTR programs, the Torch Program’s funding for new ventures was limited to seed funding the front end. Inside the zones were Torch Technology Business Incubators with startups licensed by the local governments. A few foreign VC firms like IDG Capital Partners entered China in the early 1990s. Like the U.S.
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