Shinhan Financial Group Selects 12 Outstanding Startups... Provides 500 Million KRW Prize and Follow-up Investment Support

Twelve startups and related personnel participating in the event are taking a commemorative photo.

[Asia Economy Reporter Kwangho Lee] Shinhan Financial Group announced on the 23rd that it held the 1st 'Hero IR-Day,' a startup investment attraction competition, at Shinhan Square Bridge, its startup nurturing platform.

Hero IR-Day is an event that selects and awards 12 heroes among more than 150 startups nurtured through Shinhan Square Bridge, based on their technological capability, innovation, and social value, and expands opportunities for investment attraction and networking. Considering the COVID-19 situation, the event was conducted via live broadcast on YouTube.

Shinhan Financial supported mentoring for one month to enhance the business models and IR of the hero companies. In addition, approximately 500 million KRW in prize money will be awarded based on the judging results, and opportunities for investment attraction from Shinhan Financial Group affiliates such as Shinhan Capital, Shinhan Alternative Investment Management, and domestic venture capital firms will be provided.

A Shinhan Financial Group official said, "We planned Hero IR-Day to effectively introduce the business models of startups with high growth potential to investors and to support tangible results such as investment attraction." He added, "We will continue to take the lead in creating an innovative startup growth ecosystem through various projects of Shinhan Square Bridge."