FuturePlay Selected as Operator for 'TIPS Global Specialized Type' Program
Ministry of SMEs and Startups Designates New Specialized Operators for Global, Regional, Win-Win, and Climate Tech Sectors
"Supporting Top Entrepreneurs on the Global Stage"
Accelerating Overseas Expansion for Startups
FuturePlay, a venture capital (VC) firm and accelerator that provides close support from the pre-startup phase to the growth stage, announced on September 8, 2025, that it has been officially selected as the operator for the Ministry of SMEs and Startups' "TIPS (Tech Incubator Program for Startup) Specialized Type (Global)" program.
Earlier this year, the Ministry of SMEs and Startups added "specialized operators" to the existing TIPS program, designating investment firms with expertise in areas such as global expansion, regional development, win-win cooperation, and climate tech. The goal is to focus on supporting the growth of companies in strategic industries and those with high potential for overseas expansion. Specialized operators receive priority rights to recommend startups in their respective fields, operate customized growth programs, and provide concentrated support for scaling up startups.
In this selection process, FuturePlay was named as the operator in the "global" category. Since first being selected as a second-generation TIPS operator in 2014, FuturePlay has maintained an "excellent" rating for 11 consecutive years. To date, it has executed cumulative investments exceeding 80.3 billion won through the TIPS program, setting an industry-leading record in terms of investment volume. Notably, it has achieved numerous investment success stories, including Noile, SOS Lab, Innospace, Neurofit IPO, EPD Biotherapeutics, and Mandemand.
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Kwon Ohyung, CEO of FuturePlay, stated, "For the past decade, FuturePlay has played the role of producer, helping deep tech startups enter the global stage. With this designation as a global specialized TIPS operator, we will explosively realize the global scaling up of Korean startups through overseas collaboration, local validation, and bold commercialization strategies."
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