Sharing His Own Startup Story
"The Fund’s Creation Alone Offers Hope to Young People"
"Public Support Needed So Entrepreneurs Can Rise Again After Failure"

Seo Jungjin, Chairman of Celltrion and Co-Chairman of the Strategy Committee responsible for advising on the management direction and strategy of the National Growth Fund, stated, "If we manage 150 trillion won well, we can create an environment that attracts the largest investment since the founding of the nation."


On the afternoon of December 11, at the main branch of Korea Development Bank in Yeouido, Seoul, Chairman Seo made these remarks during the '1st National Growth Fund Strategy Committee Meeting.' He added, "I hope the launch of this 150 trillion won fund will mark a new beginning for the many promising young people in our country."


Chairman Seo reflected, "I often wonder what it would have been like if a fund like this had existed when I started my own business," sharing an anecdote about meeting a loan shark in the early days of his venture to borrow money. He continued, "The very creation of this fund can offer new possibilities to our young people."

Seo Jungjin, Chairman of Celltrion, is attending the 'National Growth Fund Strategy Committee Meeting' held at the Industrial Bank of Korea in Yeouido, Seoul on the 11th, delivering an opening remark. 2025.12.11 Photo by Yoon Dongju

Seo Jungjin, Chairman of Celltrion, is attending the 'National Growth Fund Strategy Committee Meeting' held at the Industrial Bank of Korea in Yeouido, Seoul on the 11th, delivering an opening remark. 2025.12.11 Photo by Yoon Dongju

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He compared the global race for technological supremacy to a 100-meter sprint, saying, "Establishing a 150 trillion won fund means we are at least at the starting line." He emphasized that the financial sector, industry, and large conglomerates must come together and generate synergy to survive in international competition.


Chairman Seo noted that an investment of 150 trillion won does not guarantee success, but said, "Success and failure are both part of investing, and we should not criticize those who fail." He stressed, "Public support is needed so that we can encourage people to get back on their feet."



Finally, he said, "Although I am only an advisor, I will do my utmost to provide guidance without reservation, so that we can write a miraculous new chapter in history, where a vast amount of global investment capital flows into Korea."


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

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