Shinhan Card Launches '2021 I'm Ventures with Visa' Recruitment... Expanding Startup Support

Recruitment Until May 28
Expanding Startup Support in ESG Areas Such as Eco-Friendly Practices and Small Business Coexistence

[Asia Economy Reporter Ki Ha-young] Shinhan Card is expanding its startup incubation efforts in connection with Shinhan Financial Group's ESG (Environmental, Social, and Governance) strategy.

Shinhan Card announced on the 20th that it will continue its startup incubation program, 'I'm Ventures with Visa,' this year and is recruiting startups to collaborate with until the 28th of next month.

This year, in line with Shinhan Card's CDR (Corporate Digital Responsibility) strategy, it plans to strengthen the incubation of data-driven ESG startups. The scope of incubation will be expanded beyond the existing digital finance sectors such as payment, security, artificial intelligence (AI), big data, and auto services to include ESG areas such as eco-friendly and renewable energy, win-win cooperation with small business owners, and education for financially and socially vulnerable groups.

I'm Ventures with Visa, based on an in-house venture system started in 2016, has been collaborating with startups since 2018 and is now in its fourth year. Especially this year, it plans to provide a one-stop service from startup recruitment to business model discovery, consulting, investment, and product commercialization support in partnership with the global payment network Visa, D.CAMP which is dedicated to revitalizing the startup ecosystem, and the Korea Productivity Center, a consulting specialist organization.

Startups selected through the contest by the 28th of next month will have the opportunity to participate in D.CAMP's June D-Day event, where they will present their business models in front of a panel of investors and industry experts. The final selected startups will receive various benefits, including up to one year of residency at D.CAMP.

A Shinhan Card official said, "We are honored to expand our startup incubation to the ESG area this year," adding, "In connection with Shinhan Financial Group's ESG strategy, we will continue to fulfill our corporate social responsibility for mutual growth and strive tirelessly to revitalize innovative finance."

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