Jaeuk Park, New Kospo Chairman, "Promoting Policy and Regulatory Innovation for a Better Working Environment in Startups"

Korea Startup Forum 2022 Annual General Meeting Held

At the Korea Startup Forum regular general meeting, Jaeuk Park, the new chairman and CEO of Socar, is delivering a greeting.

[Asia Economy Reporter Kim Cheol-hyun] "We will promote policies and regulatory innovations to create a better working environment for startups in Korea." This is the statement of Jae-wook Park, CEO of Socar, who was elected as the new chairman of the Korea Startup Forum. The Korea Startup Forum has decided to pursue key policy tasks this year not only to improve regulations in the startup industry but also to build a 'startup-friendly country.'

The Korea Startup Forum (Kospo), a non-profit organization, held its 2022 regular general meeting online on the afternoon of the 22nd and announced that CEO Park was unanimously elected as the new chairman by the general assembly members. Park was nominated as a chairman candidate through the Kospo board of directors in January and began his activities as chairman after being elected at this general meeting. The new Chairman Park said, "I want to contribute to creating a world where entrepreneurs are respected," and added, "I will work hard to build a better startup ecosystem."

At this general meeting, CEO Choi Sung-jin of Kospo also presented the business settlement report for last year. Kospo evaluated that it had a positive impact on improving the startup regulatory environment in the year marking its 5th anniversary. However, it pointed out as limitations that networking was restricted due to the prolonged COVID-19 pandemic and that regulatory improvements could not accelerate due to external environmental factors such as the ongoing expansion of platform regulations.

In the business plan announced for 2022, the goal for this year was set as "the center of startup collaboration and the core of ecosystem development," focusing on ▲ strengthening the central role in revitalizing the startup ecosystem ▲ enhancing startup policy capabilities and improving the environment ▲ establishing a foundation for sustainable growth.

Minister Kwon Chil-seung of the Ministry of SMEs and Startups said, "As the status of the Korea Startup Forum continues to rise, I expect it to take the lead in building the world's best startup nation," and added, "The Ministry of SMEs and Startups, representing entrepreneurs within the government, will always accompany startups."

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