Korea VC Association Hosts '2024 VC Year-End Night'

Minister of SMEs and Startups Award Ceremony and Donation Presentation

The Korea Venture Capital Association announced on the 12th that it held the 2024 Year-End Night event the previous day at the Raum Art Center in Gangnam, Seoul. The event also included an award ceremony for the Minister of SMEs and Startups and a donation presentation ceremony.

The event was attended by about 180 people, including Yoon Geon-su, Chairman of the Korea VC Association, Kim Seong-seop, Vice Minister of the Ministry of SMEs and Startups, Heo Seong-mu, CEO of Korea Growth Investment Corporation, Shin Sang-han, Vice President of Korea Venture Investment Corp., Choi Kwang-jin, Vice President of Industrial Bank of Korea, Lee Jun-seong, Vice President of Korea Development Bank, as well as representatives of member companies and executives and employees of venture investment-related organizations.

(Fifth from the left) Kim Seongseop, Vice Minister of the Ministry of SMEs and Startups, and Yoon Geonsu, Chairman of the Korea VC Association, are taking a commemorative photo with the recipients of the Minister of SMEs and Startups Commendation for contributing to the revitalization of venture investment. Photo by Korea VC Association

The event proceeded in the order of a year-end address by Chairman Yoon Geon-su, congratulatory remarks by Vice Minister Kim Seong-seop, an award ceremony, a donation presentation ceremony, and a dinner. At the award ceremony, the Minister of SMEs and Startups’ commendations were presented to individuals and organizations who contributed to the activation of venture investment and promotion of startups throughout the year. Vice Minister Kim Seong-seop personally presented the awards and extended encouragement and congratulations to the recipients. At the donation presentation ceremony, Chairman Yoon Geon-su donated 22 million KRW each to the Maraton Welfare Foundation and the Seoul Museum of Art.

The sponsors included 11 member companies and the VC Association, such as Daekyo Investment, DSC Investment, Murex Partners, Muirwoods Ventures, Samho Green Investment, Shinhan Venture Investment, HB Investment, LB Investment, Jiyu Investment, Kakao Ventures, and Kiwoom Investment.

In his year-end address, Chairman Yoon Geon-su said, “Venture companies have so far led economic growth by enhancing the competitiveness of the nation’s key industries and pioneering new markets, so now is the time when the role of ventures is needed.” He added, “I congratulate those who contributed to the activation of venture investment and thank the member companies who participated in the donation by gathering small sincerity.”

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