Special Zone Foundation, Korea Science and Technology Promotion Association, and Sema Investment Join Forces to Boost Startup Investment

The Research and Development Special Zone Promotion Foundation (hereinafter referred to as the Foundation) announced on September 18 that it had signed a business agreement with the Korea Science and Technology Promotion Association and Sema Investment Co., Ltd. at the Korea Science and Technology Promotion Association in Seoul to "discover promising technology companies and expand investment."

(From left) Chiyeon Hwang, CEO of Sema Investment, Pansik Hwang, Chairman of the Korea Science and Technology Promotion Association, and Heegwon Jung, Chairman of the Research and Development Special Zone Promotion Foundation, are posing for a commemorative photo after signing the agreement. Photo by Research and Development Special Zone Promotion Foundation

The agreement was signed based on the Foundation's 20th anniversary vision of "an innovative cluster leading the world through deep tech commercialization," with the aim of supporting the growth of technology startups and establishing a stable investment ecosystem.

The three organizations participating in the agreement, including the Foundation, plan to collaborate on various initiatives: jointly discovering promising startups within the special zone, connecting investments through Sema Investment's public technology commercialization fund, expanding the membership of research institute companies and advanced technology firms in the Korea Science and Technology Promotion Association, and strengthening partnerships through the sharing of policy and technology information.

Heegwon Jung, Chairman of the Foundation, stated, "The Foundation will build an innovative ecosystem where technology and finance create a virtuous cycle, contributing to the revitalization of technology startups and the achievement of global results."

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