Shinhan Financial Hope Foundation Supports Jeju Startup Growth with JDC

Cho Yong-byeong, Chairman of Shinhan Financial Hope Foundation (left), and Moon Dae-rim, Chairman of Jeju International Free City Development Center, are posing for a commemorative photo after signing a business agreement to foster startups in the Jeju region and create an ecosystem for innovative growth.

[Asia Economy Reporter Kwangho Lee] Shinhan Financial Hope Foundation announced on the 27th that it has signed a business agreement with the Jeju Free International City Development Center to foster startups in the Jeju area and create an innovation growth ecosystem.

As part of the Triple-K Project, a mid- to long-term innovative financial platform construction project of the group, Shinhan Financial operates Shinhan Square Bridges nationwide in Seoul, Incheon, Daejeon, Jeju, and other locations.

Shinhan Square Bridge Jeju was established to solve social issues related to the environment, resources, and agriculture through startups and to enhance social value such as revitalizing the Jeju regional economy.

The Jeju Free International City Development Center, which signed the agreement on this day, is a public enterprise under the Ministry of Land, Infrastructure and Transport. It operates Root330 within the Jeju Advanced Science and Technology Complex to discover and foster excellent startups in the ICT and mobility fields, supporting startups' sustainable growth through customized services at each growth stage, such as office space support and investment linkage.

Through this agreement, the two organizations plan to cooperate in various fields to create a startup ecosystem in the Jeju area, including program exchange and promotion, recommending excellent startups, and space support.

At the event, Chairman Cho Yong-byeong said, "Shinhan Financial continuously strives to enhance social value such as revitalizing the Korean economy and fostering startups through Shinhan Square Bridge," adding, "Through this agreement, we will actively support building an innovative growth ecosystem for Jeju startups so that Jeju startups can carry out various projects and contribute to the revitalization of the regional economy."

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