<기사제목>Creative Economy Innovation Center Council Signs Business Agreement to Support Startup Growth

[Asia Economy Honam Reporting Headquarters Reporter Park Jin-hyung] The Creative Economy Innovation Center Council announced on the 20th that it signed a business agreement with the Korea Early Investment Institutions Association on the 16th to expand investment-related collaboration to support the growth of innovative venture startups.

Both organizations agreed that activating early investment in promising startups can promote the overall growth of the startup ecosystem.

Additionally, due to the relatively high risks and long recovery periods characteristic of early-stage investment markets, and to maintain expertise in supporting corporate growth, they plan to share key industry trend insights and directions for nurturing startups.

To this end, both parties agreed to strengthen mutual cooperation and exchange through ▲ joint project planning and participation to fulfill their establishment purposes ▲ discovery, investment, and support for excellent startups and small and venture companies ▲ support for excellent network cooperation for investment attraction ▲ hosting joint investment-related events.

Kim Seok-jun, Chairman of the Creative Economy Council, stated, “Among the council member companies, the Chungbuk and Ulsan Creative Economy Innovation Centers are already actively operating as TIPS operators, and recently, the Gyeonggi, Gwangju, and Gyeongnam Creative Economy Innovation Centers were also selected as TIPS operators, expanding their roles as public investors within their regions.

Therefore, cooperation with the 'Early Investment Association,' which is mainly composed of private investors, is expected to provide broad opportunities for promising hidden startups within the regions.”

Ha Sang-yong, Director of the Gwangju Creative Economy Innovation Center, said, “Through this business agreement, it will become easier for promising early-stage companies in the Gwangju region to attract investment, and professional investment will serve as an opportunity to increase startup success rates.” He added, “We expect this to contribute to job creation within the region and further invigorate the local investment ecosystem.”

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