The Advanced Science and Technology Rechallenge Social Investment Fund aims to support startups that rise from failure and challenge themselves to restart using advanced ICT technology. By investing in these startups, the project seeks to realize innovative business ideas and promote regional economic growth. In collaboration with professional investment institutions, the fund will offer opportunities for investment consultations, consulting, and investor relations (IR).
Supporting sustainable growth by investing in startups that leverage advanced technology.
Creating a collaborative fund through partnerships with domestic and international professional investment firms, the project aims to identify and support promising digital startups by providing both capital and advisory services.
Creating new investment opportunities by enhancing networking between investors and startups.
Organizing monthly events to facilitate meetings between investors and startups.
They are establishing a fund to support startups re-challenging entrepreneurship. On July 1, 2024, President Kyuil Kim announced that they plan to create a 60 billion KRW (approximately 44 million USD) cooperation fund in collaboration with Korea Social Investment, an ESG-focused investment institution, after signing a Memorandum of Understanding (MOU). The fund aims to support re-startup companies utilizing digital technology and promote entrepreneurship, especially in local or marginalized areas.