Shinhan Financial Group Selects 11th Shinhan Futures Lab Cohort... Full-Scale Support for 31 Companies
Shinhan Financial Group announced on May 2 that it has selected the 11th class of 'Shinhan Futures Lab' and will begin providing full-scale support to 31 companies. In relation to this, a Welcome Day event was held for the selected companies on April 30 at the Shinhan Venture Investment headquarters in Samseong-dong, Gangnam-gu, Seoul.
On the 30th of last month, at the Shinhan Venture Investment headquarters in Samseong-dong, Seoul, a commemorative photo was taken during the Welcome Day of the 11th class of 'Shinhan Futures Lab,' featuring Park Sunbae, President of Shinhan Venture Investment (fourth from the left in the front row), Shinhan Financial Group officials, and representatives of newly selected startups. Provided by Shinhan Financial Group.
View original imageShinhan Futures Lab is the group’s startup accelerating program. It offers investment attraction consulting and business planning support to accelerate the growth of early-stage startups. As of the end of last year, the program had achieved a cumulative investment of 102.3 billion won, 311 collaborative business projects, and the nurturing of 26 potential unicorn companies.
At this Welcome Day, a total of 31 startups selected through two tracks?incubation and collaboration?attended alongside Shinhan Financial Group officials, sharing their visions and major collaboration cases. The selected startups will receive opportunities such as collaborative business development with group affiliates, support for office space, exclusive fund investments, participation in investor relations (IR) events, and assistance with initial public offerings (IPO).
Notably, for this 11th class, a new global track was established, and six companies aspiring to enter Japan and Vietnam were selected. These companies will be given the opportunity to participate in a booth at 'Sushi Tech Tokyo 2025,' one of Japan’s largest tech exhibitions, which will be held from May 8. They are also scheduled to be invited to a local demo day in Vietnam during the third quarter.
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A Shinhan Financial Group official stated, "We will continue to closely examine the changing market environment and the needs of startups, not only by expanding support from incubation and collaboration to increased investment, but also by providing assistance for global expansion, in order to devise more practical support measures."
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