Ministry of SMEs and Startups Holds '2nd Innovation Startup Company Revitalization Meeting'

Minister Kwon Chil-seung giving a greeting
(Seoul=Yonhap News) Reporter Ryu Young-seok = Kwon Chil-seung, Minister of SMEs and Startups, is giving a greeting at the SME Policy Meeting between the Ministry of SMEs and Startups and foreign correspondents held at the Press Center in Jung-gu, Seoul on the morning of the 6th. 2021.12.6
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[Asia Economy Reporter Lee Junhyung] The Ministry of SMEs and Startups announced on the 15th that it jointly held the '2nd Government-Invited Meeting for the Activation of Innovative Startup Companies' with the Korea Startup Forum at Dreamplus located in Gangnam-gu, Seoul. The meeting was attended by Minister Kwon Chil-seung of the Ministry of SMEs and Startups, Minister Han Jeong-ae of the Ministry of Environment, and Commissioner Kim Gang-rip of the Korea Food and Drug Administration (KFDA), among others.

This meeting was organized to resolve regulations and conflicts faced by startups in new industries and convergence fields. Previously, on October 13 of this year, the Ministry of SMEs and Startups held the 1st meeting on the theme of 'Resolving Conflicts of Startup Companies in Legal and Medical Platforms,' inviting the Minister of Justice and the 2nd Vice Minister of Health and Welfare. The theme of this meeting was 'Regulatory Innovation and Institutional Improvement for Eco-friendly and Healthcare Startup Companies,' with the policy-related ministries, the Ministry of Environment and the KFDA, invited.

The meeting began with keynote speeches from each ministry. On this day, Minister Kwon Chil-seung of the Ministry of SMEs and Startups said, "Startups are the hope of our economy, leading technological innovation and job creation," and added, "We will increase opportunities to communicate with policy-related ministries to resolve on-site difficulties faced by startups."

Minister Han Jeong-ae of the Ministry of Environment stated, "Innovative ideas and technologies that were not previously considered are needed to achieve carbon neutrality by 2050," and added, "We will continue to provide technical and financial support to actively assist startups contributing to carbon neutrality." Commissioner Kim Gang-rip of the KFDA said, "Recently, startups based on innovative technologies in fields such as healthcare have been continuously challenging," and added, "We will boldly improve outdated regulations and create reasonable regulations suited to reality to strengthen the global competitiveness of startups."

Following the keynote speeches from each ministry, a representative of startups delivered a general remark. Choi Seong-jin, CEO of the Korea Startup Forum, expressed gratitude for the government's efforts in regulatory innovation and said, "I hope the startup ecosystem will advance to the next level based on exchanges and cooperation between the government and startups."

Subsequently, startups and related ministries discussed on-site difficulties and government policy directions. The startup industry proposed ▲ improvement of the carbon-neutral green product certification system ▲ activation of eco-friendly product use in public institutions ▲ specialized support for startups in the carbon-neutral field ▲ deletion of manufacturer labeling on cosmetics, among other suggestions.

The Ministry of SMEs and Startups stated that it plans to increase communication channels such as meetings to establish startup policies based on on-site opinions.

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