5 venture capital fund companies opened in while other 5 reached investment intention with Suzhou Industrial Park on May 22nd. 

Venture investment has always served as the booster and accelerator for technological innovation and industrial structure upgrading of the park .  The China-Singapore Suzhou Industrial Park Venture Investment Co., Ltd, which was funded in 2001 , has played a pilot role in venture capital investment field of the park , providing multitiered fund support for high-tech enterprises in different development phase ,from starting ups to matured ones. Starting with venture capital investments directed by the government, now the industrial park has attracted 45 venture capital investment and guarantee enterprise with a total investment of over 13 billion Yuan . 

The 10 funds have a common ground that they all have investment from Suzhou Industrial Park Venture Investment Guidance Fund (SIPVIGF) which was co-established by China-Singapore Venture Capital Investment and China Development Bank in 2006 with a scale of 1 billion Yuan aiming at attracting more venture capital funds into the park. It is also the first parent investment fund operating according to market law in China.  The establishment of the ten funds in the park was attributable to the investment of SIPVIGF. Xu Qing, Manager of the fund said that the entering of these venture capital funds will bring more funds of the same kind into the industrial park , which will propel the development of high and new technology industry of the park. Meanwhile, due to different investing areas of each funds, the guidance fund could promote the development of key industries through investing to selected funds.