Equity participation venture capital fund refers to the existing venture capital fund that the central government arranges funds from special funds such as industrial technology research and development funds, local government funds and social capital, or participates through capital increase, referred to as equity participation fund.

Participating in venture capital fund is a way adopted by the national venture capital plan for emerging industries. The venture capital plan of emerging industries refers to the activities of the central financial funds to cultivate and promote the development of emerging industries by directly investing in venture enterprises and participating in venture capital funds.