Next Dream Angel Club Receives Minister of SMEs Award... "Growing as Investment Catalyst"

[Asia Economy Reporter Kim Bo-kyung] Next Dream Angel Club announced on the 21st that it received the Minister of SMEs and Startups Award in the Angel Club category for its contribution to revitalizing angel investment.

The 2022 Angel Leaders·TIPS·Go Venture Union Forum has annually awarded individuals and organizations that have contributed to the activation of angel investment. Next Dream Angel Club was recognized for its efforts to support startup growth through active investment, accelerating, and mentoring of early-stage companies, as well as for promoting angel investment.

Established in 2018, Next Dream Angel Club is the largest angel investment club in Korea, consisting of over 140 professional investors including venture capital (VC) analysts, private equity (PE) professionals, doctors, lawyers, and patent attorneys. It has made early investments in 17 startups, with 10 of them, accounting for 58%, successfully attracting follow-up investments, demonstrating ongoing achievements.

The strength of Next Dream lies in its members’ diverse professional backgrounds, enabling reputation management and knowledge sharing during decision-making processes. This allows the club to select companies with high potential for follow-up investment and reduce the probability of investment failure.

Even after angel investment, the club devises strategies for the next round of funding for invested companies and connects them with follow-up investment networks such as VCs to support fundraising. It supports the entire corporate lifecycle from angel investment to initial public offering (IPO).

A representative of Next Dream Angel Club stated, "Our expertise has been validated," adding, "Even during the startup investment winter, we will continue to grow as a catalyst for startup investment through sustained angel investments."

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