"Innovation Startup Discovery and Nurturing Collaboration"… StarVentures-SK Securities Sign MOU

Moon Ji-eun, CEO of Star Ventures (right), and Lee Doo-yeon, Head of New Technology Investment Division at SK Securities, are posing for a commemorative photo after signing a business agreement to support startups on the 25th.

[Asia Economy Reporter Kim Bo-kyung] Accelerator 'Star Ventures' has teamed up with SK Securities to actively support a project aimed at discovering and nurturing promising technology-based startups.

On the 25th, Star Ventures and SK Securities signed a 'Startup Support Business Agreement' at SK Securities' headquarters located in Yeongdeungpo-gu, Seoul, pledging to establish a joint cooperation system for discovering and supporting promising startups annually.

Star Ventures, in collaboration with SK Securities, plans to focus on identifying early-stage startups with high growth potential and provide various programs ranging from education to expert mentoring and staged investment attraction through investment networks and technology commercialization platforms.

Since being re-designated as a 'Securities Firm Specialized in SMEs' in May 2020, SK Securities has been actively conducting new technology startup support projects through investment finance funds and new technology business finance. Securities firms specialized in SMEs select technology-capable small and venture companies, expand funding, and provide customized corporate finance (IB) services.

Moon Ji-eun, CEO of Star Ventures, stated, "To build a competitive innovative venture ecosystem, we judged that it is necessary to actively support technology-based startups based on open innovation, which led to signing the technology startup support business agreement with SK Securities." She added, "We will focus on nurturing prospective unicorn companies poised to leap into the global market."

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