IBK Industrial Bank Supports Investment Attraction for IBK Changgong Incubated Companies
69 Companies Selected for Development in the Second Half of the Year
[Asia Economy Reporter Yu Je-hoon] IBK Industrial Bank announced on the 27th that it will begin supporting investment attraction for innovative startup companies, starting with the first closed IR (Closed IR) at the Mapo Center of the startup fostering platform IBK Changgong (創工).
Closed IR is an investment attraction support program of IBK Changgong, where venture capitalists (VCs) responsible for actual investments are invited to introduce the companies' products and services. A total of 69 participating companies will conduct IR pitching, followed by feedback and Q&A sessions with VCs, and networking between companies and VCs will take place after the event.
Based on the IR feedback results, customized mentoring and education are provided to companies, offering opportunities to supplement any lacking capabilities, making it a highly popular program among innovative startups. About 30 investment reviewers, including those from IBK Financial Group, venture capital firms and accelerators managing IBK Changgong's indirect funds, IMM Investment, Daol Investment, and Hyundai Technology Investment, will attend this IR.
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An IBK Industrial Bank official stated, "We plan to support follow-up meetings between investors and participating companies to assist the overall investment attraction process," adding, "Through this event, we will provide multifaceted support so that innovative startups can attract investment and grow to the next level."
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