'Gangwon-type Venture Fund' 3rd Regional Investment Briefing and Forum Held

On the afternoon of the 30th, Gangneung Science and Industry Promotion Agency... Concurrent Corporate IR and Investment Consultation Meeting

Photo materials [Gangwon-do]

[Asia Economy Reporter La Youngcheol] The 3rd regional investment briefing session for the 'Gangwon-type Venture Fund' and the forum on revitalizing the venture startup cultivation and investment ecosystem will be hosted by Gangwon Province and Gangwon Technopark on the 30th.

The 'Gangwon-type Venture Fund' investment plan and this year's venture and startup investment ecosystem operation plan will be divided into an investment briefing session and corporate IR and investment consultation sections.

The main contents include ▲ establishment of a New Deal venture fund worth 60 billion KRW linked with public institutions ▲ progress on investments related to 28 venture companies ▲ discovery and support for nurturing 425 startup venture companies linked with Gangwon National University (investment of 39.8 billion KRW over 5 years).

In this regard, they plan to propose Investment Partners Day (more than 4 times a year), investment briefing sessions and forums (more than twice a year), and customized consulting support for 10 venture companies.

There will also be briefings on the investment directions, targets, and methods for the three operating companies of the 'Gangwon-type Venture Fund' (Youth Startup Fund No. 1, Small and Medium Venture Fund No. 1 and No. 2).

Five venture companies in the province will present IRs, and 1:1 in-depth on-site investment consultations between fund operators and companies are also planned.

At the forum topic presentation, Dr. Jung Youngho of Gangwon Research Institute will explain support measures for creating venture startup achievements and discuss fostering venture funds for the success of venture startup companies and the direction of provincial-level capital investment at the corporate growth stage.

Researcher Yang Hyunbong of the Korea Institute for Industrial Economics and Trade will emphasize the importance of creating a venture startup-friendly social atmosphere, fostering entrepreneurial spirit, and systematic startup education, and plans to present the basic direction for revitalizing venture startups in Gangwon Province, including establishing a virtuous cycle venture startup fund support system.

Specific response tasks include preparing support measures for the globalization of venture startup companies, expanding support infrastructure so that prospective entrepreneurs can challenge startups at low costs, and strengthening post-management functions after startup.

Additionally, discussions will cover the need to reform fund operation methods to alleviate funding difficulties for venture startup companies and promoting venture startups that align with Gangwon Province's regional strategic industries and foster high-growth future new industries.

The investment briefing session and forum will be held that afternoon at the Gangneung Science and Industry Promotion Agency, chaired by Dean Byun Hyeyoung of Gangwon National University’s College of Business, with six expert panelists in attendance.

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