KDB and Growth Finance Hold 'On-site New Deal Fund Investment Briefing'
[Asia Economy Reporter Jin-ho Kim] Korea Development Bank and Korea Growth Investment Corporation announced that starting from the 14th, they will hold the "Visiting New Deal Fund Investment Briefings" 3 to 4 times a month to promote investment in the New Deal Fund on the first anniversary of the Korean New Deal.
The first New Deal Fund investment briefing held on this day was organized by the Korea Investment Institutions Association for Materials, Parts, and Equipment (KITIA, under the Ministry of Trade, Industry and Energy), which recruited participating companies considering the implementation of social distancing level 4, and was held online.
Six small and venture companies related to materials, parts, and equipment seeking investment, two New Deal Fund entrusted management companies, and New Deal Fund sponsoring institutions (Korea Development Bank, Growth Investment Corporation) participated together to present the New Deal Fund management strategy and company introductions.
A Korea Development Bank official explained, "Starting with the investment briefing, the management companies will discover companies with growth potential and provide companies with opportunities to attract growth capital, thereby serving as a bridge to promote investment between management companies and companies."
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Organizations wishing to participate in the Visiting New Deal Fund Investment Briefings (associations, research institutes, centers, etc. that have contact with companies) can apply from August through the dedicated policy-type New Deal Fund website.
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