"Strengthening TIPS Enterprise Capabilities"... Samil PwC Partners with VC Association

Strengthening Support Including Education Program Operation

Samil PwC has partnered with the Korea Venture Capital Association to support the capacity building of TIPS and Scale-up TIPS enterprises.

On May 6, Samil PwC announced that it had signed a "Strategic Memorandum of Understanding (MOU) for the Operation of the TIPS and Scale-up TIPS Enterprise Capacity Building Education Program" with the Korea Venture Capital Association.

TIPS is a private investment-led program in which private investors first discover and invest in promising technology startups, after which the government provides linked support for research and development (R&D) and commercialization funds. Scale-up TIPS is a program that provides intensive support for investment, R&D, and technology commercialization, targeting promising small and medium-sized venture companies that have moved beyond the initial stage and require full-fledged growth.

Through this agreement, the two organizations plan to jointly operate a comprehensive growth support program for companies selected for TIPS and Scale-up TIPS, including company discovery and selection, professional mentoring, management consulting, networking, and investment linkage. In addition, they intend to back the practical capacity building of participating companies by developing educational content and operating seminars.

Recruitment for the education program is scheduled to take place within this month, and detailed information will be announced later on the Korea Venture Capital Association website.

Junhee Lee, Executive Vice President of the Korea Venture Capital Association, stated, "For promising startups to grow into the scale-up stage, systematic support that goes beyond simple investment and covers all aspects of management is essential. Through cooperation with Samil PwC, we will strengthen the foundation for collaboration between the venture capital industry and startups."

Do Shin Lee, Head of the Unicorn Support Center at Samil PwC, said, "By combining the Korea Venture Capital Association's extensive venture capital network with the professional expertise of Samil PwC, we will create a collaborative model that leads to tangible results."

At the business agreement ceremony for the operation of the ‘TIPS and Scale-up TIPS Company Capacity Building Education Program’ held on the 6th at the Korea Venture Capital Association in Seocho-gu, Seoul, Lee Dosin, Director of the Unicorn Support Center (third from the left), and Lee Junhee, Executive Vice President of the Korea Venture Capital Association (fourth from the left), along with other officials, are posing for a commemorative photo.

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