Financial Investment Association Holds Investment Briefing on Startup Funding in Busan Region
[Asia Economy Reporter Minji Lee] The Korea Financial Investment Association announced on the 4th that it will hold the '6th MUST Round' investment briefing session together with Busan City on the 6th.
At this investment briefing session, four promising companies with the themes of 'local & ESG' seeking investment for scale-up will be introduced. Investment companies that are members of MUST will participate directly in Q&A sessions on-site and via an online video platform, and subsequently engage individually with the companies for investment screening and in-depth interviews. The entire event will be broadcast live on the YouTube channel 'Centop On Air'.
The companies presenting at this MUST Round were selected after a public recruitment and review by a company selection committee composed of Busan Technopark, the Creative Economy Innovation Center, the Economic Promotion Agency, the Design Promotion Agency, and the Information Industry Promotion Agency. They were chosen as innovative technology companies with high potential for rapid growth through investment attraction.
'MUST (Meet, Understand, Share, Trust)' is a venture investment platform for attracting investment in innovative and startup companies, involving capital market investors such as securities firms and asset management companies, as well as venture investors like accelerators and venture capitalists. It continuously accepts membership applications from investment institutions, and currently has 63 members including securities firms, asset management companies, venture capitalists, and accelerators.
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Lee Seung-jung, head of the Busan branch of the Korea Financial Investment Association, emphasized, “The scale of venture investment in the first quarter announced by the Ministry of SMEs and Startups was 1.2455 trillion won, the largest ever for a first quarter. We feel the growing interest in venture investment within the financial investment industry and will continue to strive to discover and introduce high-quality companies.”
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