Chairman Jo Yong-byeong "Weekly Startup IR Sessions"... Shinhan Futures Lab Holds 'Weekly Pitch Day'
[Asia Economy Reporter Kangwook Cho] Shinhan Financial Group's startup accelerator program, Shinhan Futures Lab, announced on the 26th that it will hold a 'Weekly Pitch Day' to help startups smoothly attract investments. The purpose is to provide Shinhan Futures Lab's nurtured companies with regular IR (investor relation) opportunities targeting investors.
Shinhan explained that this event was introduced based on an idea directly proposed by Shinhan Financial Chairman Cho Yong-byeong, who has a strong commitment to nurturing and supporting startups.
The event will be held every Wednesday until October. Shinhan Financial Group's Won Shinhan Futures Fund and various venture capital (VC) firms are expected to participate. To facilitate efficient matching between startups and investors, the event will be divided into seven business sectors: S-Unicorn, Global, Fintech, Healthcare, AI/Big Data/Blockchain, Distribution and B2C, and Digital Marketing.
Through the Won Shinhan Futures Fund, Shinhan Financial plans to continuously support startups to grow from early-stage ventures to unicorn companies, moving beyond one-time investment rounds.
Additionally, separate IR events will be organized for startups affiliated with Shinhan Futures Lab in Vietnam and Indonesia to actively assist global local startups in attracting investments.
A Shinhan Financial official said, "The 'Weekly Pitch Day' program was created to support startups struggling with IR activities and to expand practical investment opportunities. We will continue to discover various ideas and develop differentiated programs that genuinely help startups."
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Meanwhile, Shinhan Financial is leading the discovery of national new growth engines and the creation of new growth ecosystems through initiatives such as the 'Shinhan N.E.O Project,' a financial New Deal policy supporting Korea's New Deal policy; the 'Shinhan Triple-K Project,' a nationwide innovation growth platform construction project; and 'Shinhan Futures Lab,' the financial sector's first startup accelerator program. In particular, through 'Shinhan Futures Lab,' a total of 51 companies have received approximately 30.8 billion KRW in direct and indirect investments to date. Additionally, the second Won Shinhan Futures Fund worth 10.2 billion KRW has been established.
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