Kibo and Bluepoint Partners Join Hands to Revitalize Regional Investment

Collaboration with Central Region-Based Accelerator
Supporting Scale-Up of Local Companies

The Korea Technology Finance Corporation announced on the 16th that it has signed a "Business Agreement for Scale-up of Innovative Startups and Revitalization of Regional Investment" with the accelerator Bluepoint Partners. This agreement was established to build a mutual cooperation system between Kibo and Bluepoint to discover startups located in regional areas with high future growth potential and excellent technological capabilities, and to jointly support their continuous growth.

Bluepoint, an accelerator based in Daejeon with about 60 employees, actively discovers startups in deep-tech fields such as aerospace, energy, artificial intelligence, secondary batteries, robotics, and semiconductors. As of the end of last year, it has invested in a total of 334 companies, maintaining an excellent portfolio.

Song Jaeyeon, Head of the Kibo Chungcheong Regional Headquarters (third from the right in the photo), and Lee Yonggwan, CEO of Bluepoint Partners (third from the left), are posing for a commemorative photo after signing a business agreement.

According to the agreement, both organizations plan to promote ▲ discovery and mutual recommendation of excellent startups located in regional areas ▲ active support of technology finance and non-financial support for Bluepoint’s investee companies ▲ activation of follow-up investment participation ▲ mutual support of proprietary programs for the scale-up of investee companies. Since 2005, Kibo has started a direct investment business for SMEs, focusing more than 60% of its investments on regional companies, thereby expanding investment attraction opportunities for regional SMEs that have been relatively neglected in private investment.

Song Jaeyeon, head of Kibo’s Chungcheong Regional Headquarters, said, “We expect that investment in ventures and startups in the Daejeon and Chungcheong regions with excellent technology will be revitalized through this agreement,” adding, “Kibo will continue to strengthen collaboration with regional accelerators and actively discover SMEs engaged in future strategic industries to serve as a catalyst for venture investment.”

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