'Forbes US Selects Asia's Top 300 Global Leaders'... Korea Ranks 4th

[Asia Economy Reporter Kim Daeseop] The Ministry of SMEs and Startups announced on the 12th that 21 young Korean startup CEOs were selected among the '2020 Asia Global 300 Leaders' chosen annually by the U.S. economic magazine Forbes.

In the recently announced list of 300 Asian leaders under 30, Korea ranked 4th in Asia with a total of 25 individuals selected, following India, China, and Japan. Among them, 21 were startup representatives.

Compared to the same survey where 11 Korean startup representatives were selected in 2018 and 16 in 2019, this remarkable growth demonstrates that young Korean entrepreneurs are rapidly emerging as global leaders, according to the Ministry of SMEs and Startups.

Notably, among the 21 young startup CEOs selected this time, 18 have grown through participation in the Ministry’s startup support programs such as the Public-Private Joint Founder Discovery and Nurturing, Early Startup Package, and Startup Leap Package.

Forbes annually selects and announces 300 young leaders under 30 by region?U.S. & Canada, Asia, Europe, Africa?across 10 fields including finance & venture, consumer technology, enterprise technology, and arts, with 30 leaders chosen per field.

Park Young-sun, Minister of SMEs and Startups, said, "The government's persistent efforts to foster startups and venture companies have begun to be recognized globally," adding, "We will do our best to ensure that our startups and venture companies can lead the global market in the digital new economy that will unfold after COVID-19."

This content was produced with the assistance of AI translation services.