Financial Investment Association Holds the 12th MUST Round Investment Presentation
[Asia Economy Reporter Hwang Yoon-joo] Busan City and the Korea Financial Investment Association announced that they will hold the "12th MUST ROUND" at 2 p.m. on October 4th at Centum Technology Startup Town (CENTAP).
Started in 2019, the "MUST ROUND" is a venture investment platform for attracting investments in innovative and startup companies, where venture investors such as accelerators and venture capitalists, and capital market investors such as securities firms and asset management companies participate together. It is conducted for member companies registered with "MUST."
At this "12th MUST ROUND," three innovative technology companies in the fields of global K-POP training, medical imaging diagnosis, and ADHD treatment will seek investment. These companies were selected through the evaluation by the Corporate Selection Committee, which consists of Busan Technopark, Busan Creative Economy Innovation Center, Busan Economic Promotion Agency, Busan Design Promotion Agency, and Busan Information Industry Promotion Agency.
The companies seeking investment will present their corporate presentations (IR) on-site, and MUST members will listen to the presentations either on-site or online and ask questions about any concerns. Afterwards, individual meetings with companies will be held for investment screening and in-depth interviews.
Lee Seung-jung, head of the Busan branch of the Korea Financial Investment Association, said, "We are feeling the rapid contraction of investment sentiment due to recent increases in prices, exchange rates, and interest rates," adding, "Although venture investment will also undergo a harsh selection process, investment in competitive innovative companies needs to continue steadily from a long-term perspective."
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Park Jin-seok, Financial Startup Policy Officer of Busan City, said, "Building the startup ecosystem in the Busan-Ulsan-Gyeongnam region is one of Busan City's major tasks, and we plan to promote the establishment of a Busan-type mother fund in the future," adding, "We expect active responses from the private investment sector, including MUST members, for a virtuous cycle of dynamic startups and investments."
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