In the process of deepening the reform of the economic system, the government has set up the industry guidance fund based on the industry and guided more social capital to participate in the market-oriented construction, which has become a powerful measure to stimulate economic growth and promote regional economic development. Starting from the current situation and development trend of the industry guidance fund, this paper studies with the development model and policy effect of the government industry guidance fund, analyzes the problems existing in the operation process, and puts forward relevant policy suggestions to provide reference for the development of the government industry guidance fund.