TIPA·KVCA·KVIC Hold Investment Briefing for Eco-friendly R&D Companies

[Asia Economy Reporter Kim Jong-hwa] The Small and Medium Business Technology Information Promotion Agency (TIPA), the Korea Venture Capital Association (KVCA), and Korea Venture Investment Corp. (KVIC) will hold an investment briefing session on the 29th at Tipstown to attract venture investments for R&D companies in the eco-friendly and energy sectors.

TIPA, KVCA, and KVIC initiated a business agreement in June to promote investment attraction for small and medium venture companies conducting technology development (R&D) under the Ministry of SMEs and Startups. This event is the first major collaboration by the three organizations to support technology-based small and medium venture companies that have conducted R&D to grow through venture investments.

Looking at recent venture investment trends, investments tend to be concentrated in companies located in the metropolitan area or in specific fields such as bio and ICT, making it relatively difficult for eco-friendly R&D companies, which are mostly manufacturing, to receive venture investments. The Korea Fund of Funds has established a Green New Deal Fund to support these under-invested sectors, and the three organizations have joined forces to connect eco-friendly R&D companies with this fund in preparation for this investment briefing session.

The investment briefing session for eco-friendly R&D companies will feature 10 promising companies in carbon reduction and energy sectors, along with about five investment reviewers interested in the eco-friendly field, including the Green New Deal Fund. Participating companies include Somuna Co., Ltd., Kimstech Co., Ltd., FMS Korea Co., Ltd., among others, totaling 10 companies. Each will present and engage in Q&A for 15 minutes to focus on explaining their technological capabilities and strengths to appeal to venture capitalists (VCs).

Participating companies will have not only IR sessions targeting VCs but also separate exhibition and networking spaces, allowing them to meet various investors and receive mentoring during the event.

Kim Jin-kyu, CEO of Kimstech Co., Ltd., said, "Recently, most investors have little interest in manufacturing companies, making it difficult for local manufacturing companies like ours to receive venture investments. This event, prepared for eco-friendly companies that find it very difficult to meet investors individually, seems to be a great opportunity to appeal our proven technology to investors."

Lee Jae-hong, President of TIPA, stated, "Recently, venture investments tend to be concentrated in the metropolitan area and specific fields such as ICT and bio. TIPA will continue to consider support measures so that small and medium venture companies in under-invested sectors, such as those located outside the metropolitan area and traditional manufacturing companies, can grow through investment attraction."

This event will be held not only as an offline investment briefing session but also streamed live on the Small and Medium Business Technology Information Promotion Agency’s YouTube channel, allowing VCs who cannot attend in person to watch the IR pitching videos of presenting companies in real time.