With the economic globalization, the main path to enhance the national competition ability is developing the high technique industry, and that venture capital is a valid approach to develop these industries. At the same extent, venture capital promotes the development of the high industry of the world. Started from announcing to establish research and development in United States, venture capital is carried on the high risk realm; also, it is an innovative investment. Venture capital may obtain high income, in the meantime, also containing huge risk. Consequently, enterprises have to make cautious choice for venture capital program, and they should use effective innovative management to reduce risk. According to the characteristic of the venture capital, this text puts forward to comprehensive evaluation based on considering probability distribution of interval number to choose the venture capital program. In order to reduce risk effectively, the last of the text brings forward the innovative management.
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