SK Inno Collaborates with 창업진흥원 to Foster Eco-Friendly Startup Ecosystem
Discovering and Nurturing Startups in Low-Carbon and Eco-Friendly Sectors
Cho Kyungmok, President of SK Energy (left), is taking a commemorative photo with Kim Yongmun, Director of the Korea Institute of Startup & Entrepreneurship Development, after signing a business agreement to cooperate on the operation of the Startup Leap Package Large Corporation Collaboration Program at the SK Seorin Building in Jongno-gu, Seoul on the 24th.
View original image[Asia Economy Reporter Oh Hyung-gil] SK Innovation is joining forces with the Ministry of SMEs and Startups and the Korea Institute of Startup & Entrepreneurship Development to create an eco-friendly startup ecosystem.
On the 24th, SK Innovation announced on the 25th that it signed a business agreement at the SK Seorin Building in Jongno-gu, Seoul, with the Ministry of SMEs and Startups and the Korea Institute of Startup & Entrepreneurship Development to operate the "Startup Leap Package Large Corporation Collaboration Program" aimed at discovering, nurturing, and supporting commercialization of startups in the low-carbon and eco-friendly sectors.
SK Innovation will jointly evaluate with the Korea Institute of Startup & Entrepreneurship Development to select 15 outstanding startups in the low-carbon and eco-friendly fields, including waste resource recycling, carbon reduction and capture, and electric vehicle battery-related technologies.
Support will be provided for eco-friendly sector investor relations (IR) coaching, ESG (Environmental, Social, and Governance) consulting, encouragement to participate in global forums, and collaboration projects between startups and SK Innovation affiliates will be discovered along with technical advisory services.
The Korea Institute of Startup & Entrepreneurship Development will handle recruitment, selection, and evaluation of startups and provide up to 300 million KRW in commercialization funds per company.
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Cho Kyung-mok, President of SK Energy, stated, "SK Innovation affiliates are strongly promoting the execution of the financial story 'From Carbon to Green,' and nurturing eco-friendly startups and creating related ecosystems will also be a key solution to environmental issues. We will spare no effort in providing multifaceted support to expand the eco-friendly ecosystem."
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