Seongdong-gu Hosts the 5th Seoul Forest Social Venture EXPO, the Nation's Largest Social Venture Hub

From the 15th to 17th, over 160 companies participate in the 5th Seoul Forest Social Venture EXPO held online and offline... A lively festival of social ventures featuring live commerce, pop-up stores, conferences, and innovation competitions

Last Year's Event Awards Ceremony

[Asia Economy Reporter Park Jong-il] Seongdong-gu (Mayor Jung Won-oh) will hold the ‘Social Venture EXPO’ from the 15th to the 17th around Seoul Forest Understand Avenue.

Now in its 5th year, the ‘Seoul Forest Social Venture EXPO’ is organized under the theme ‘In the ESG Era, Social Ventures Provide the Answer’ to share and communicate the achievements of social ventures that create social value.

More than 160 social venture companies will participate in large numbers, offering various online and offline programs such as live shopping commerce and popup stores supporting sales channels, as well as exhibition and experience zones showcasing the achievements of social ventures solving social problems through ESG-era business.

On the first day, starting with the opening ceremony, discussions among social venture companies, government policy explanations, and talk concerts will take place. Under the theme ‘The Current Status and Future of Impact Investment in the ESG Era,’ experts from various public and private sectors will engage in discussions. The Ministry of SMEs and Startups will provide detailed explanations of support systems for social venture companies, and social venture entrepreneurs and environmental activists will introduce practical ways to participate in and address environmental issues in daily life, making it an informative event.

‘LIVE Shopping Commerce’ utilizing the Naver platform and an offline popup store will also be held. A studio stage will be set up at Understand Avenue to maximize the sense of presence, showcasing various social venture products with social value such as daily necessities, fashion accessories, and food through the ‘LIVE Shopping Commerce.’ Additionally, a popup store will be prepared to actively support sales channels by selling over 100 products from 37 social venture companies, attracting the attention of local residents.

There will also be an opportunity to meet award-winning companies selected through the ‘Social Venture Innovation Competition,’ which chooses creative and innovative business models, and to listen to industry opinions.

An exhibition and experience zone for social venture companies will be set up, featuring upcycling products, fine dust reduction device experiences, and campaigns to reduce disposable products. This will provide a chance to reexamine the achievements of social ventures that have taken the lead in solving social problems amid the era where ESG is emphasized across all fields following the COVID-19 pandemic.

Jung Won-oh, Mayor of Seongdong-gu, said, “In the ESG era, the new ideas and creativity of social ventures and social innovators solving social problems through business will be the true competitive advantage.” He added, “I hope this expo will be an opportunity to share the achievements of social venture companies so far and to expand creative ideas.”

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