Korea Venture Business Association Signs MOU with Korea Financial Investment Association and Korea Evaluation Data to Expand Productive Finance

The Korea Venture Business Association announced on the 18th that it has signed a Financial Business Agreement (MOU) with the Korea Financial Investment Association and Korea Evaluation Data to expand productive finance based on the capital market.

This agreement was established to create a virtuous cycle ecosystem in which the expertise of the capital market is effectively linked to the venture market, enabling the discovery of outstanding companies through growth potential assessments, which then leads to investment support optimized for each stage of corporate growth. Based on this collaboration, the three organizations plan to promote the stable growth of venture companies and continuously develop a cooperative system to expand productive finance.

The main points of this agreement include: ▲ Establishing a cooperative system among institutions to activate productive finance; ▲ Expanding the supply of venture capital by utilizing various capital market investment instruments such as commercial papers, Integrated Managed Accounts (IMA), and Business Development Companies (BDC); ▲ Building a data-based system for discovering outstanding companies and linking them to investment.

Song Byungjun, Chairman of the Korea Venture Business Association, stated, "A pathway will open for venture and startup companies, armed with creative ideas and innovative technologies, to achieve stable growth through financial support tailored to each stage of development."

Seo Yuseok, Chairman of the Korea Financial Investment Association, also commented, "In venture and startup investment, it is more important to closely analyze a company's future growth potential than its financial performance," adding, "Through this agreement, the supply of venture capital from the financial investment sector will be efficiently connected to companies with growth engines."

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