Eun Sung-soo: "Discover More Than 200 Innovative Companies Every Half Year"

[Image source=Yonhap News]

[Asia Economy Reporter Park Sun-mi] Eun Sung-soo, Chairman of the Financial Services Commission, announced on the 18th that among the companies selected as '1000 National Representatives of Innovative Companies,' continuous opportunities for investment attraction will be provided to companies with high potential to grow as global players, and more than 200 representative innovative companies will be additionally discovered every semester.

Chairman Eun made these remarks in a video congratulatory message at the 'Next Round Special Session for Promising Venture Companies' held at the Korea Development Bank headquarters in Yeouido, Seoul.

He added, "We will periodically review the innovativeness, such as the marketability of technology, of the selected innovative companies to maximize the purpose of the program," and "We will continuously provide investment attraction opportunities by creating various networking opportunities not only with Next Round but also with the financial investment industry and venture investment industry for innovative companies."

Next Round, led by the Korea Development Bank, is a market-type investment attraction platform for venture companies. Since its launch in August 2018, a total of 1,505 venture companies have held investor relations (IR) presentations, and 357 companies have succeeded in attracting investments worth 2.1 trillion KRW.

Lee Dong-geol, Chairman of the Korea Development Bank, also said in his welcoming speech, "We will make our best efforts to support the growth of promising national representative companies and the success of the Korean-style New Deal by utilizing the various know-how accumulated in the process of discovering innovative venture companies."

At the event, five promising venture companies recommended by the government, including Raontech, Prinker Korea, Sears Lab, RamediTech, and Tas Global, held investor presentations. Domestic and international investors and venture ecosystem stakeholders, including those from Singapore, participated remotely, and the event was also broadcast live on the internet via KakaoTV.

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