10 Companies Seeking Investment · Participation of 25 Specialized Investment Institutions
[Asia Economy Reporter Kim Cheol-hyun] The Ministry of SMEs and Startups (Minister Lee Young) announced on the 22nd that it will hold a "Venture Investment Roadshow with Regulatory Sandbox Participating Companies" (hereinafter referred to as the Venture Investment Roadshow) together with the Korea Venture Capital Association (Chairman Ji Seong-bae) and the Small and Medium Business Corporation (Chairman Kim Hak-do).
The Venture Investment Roadshow event was planned to shift the funding supply system for companies participating in the regulatory sandbox from government support to investment attraction, and to expand the proportion of local venture investments, which has been at single-digit levels over the past five years.
The Venture Investment Roadshow will feature 10 companies seeking investment, including AgUni and RealTimeMediCheck, and 25 specialized investment institutions such as POSCO Technology Investment and KB Investment, who will conduct investment attraction presentations (IR) and one-on-one investment consultations.
The first part of the event, the investment attraction presentation, will be a time to comprehensively verify the technological innovation, business feasibility, and marketability of companies seeking investment. It will include IR presentations by 10 companies selected through preliminary evaluation and a Q&A session with investment reviewers to discover investment targets.
Following this, the second part, the one-on-one investment consultation, will involve 10 specialized investment institutions sharing know-how for receiving investments, and consulting will be provided in a counseling format to address the needs of each sandbox company for investment attraction.
Minister Lee Young said, "In addition to this Venture Investment Roadshow, we will continuously consider various measures to support investment attraction for regulatory sandbox companies leading innovation in new industries."
Meanwhile, the regulatory sandbox is in its third year since the system was introduced this year, with 32 designated zones across 14 metropolitan cities and provinces outside the capital area in seven phases. It has played a catalyst role in revitalizing the regional economy with 3 trillion won in investment attraction, about 3,000 jobs, 239 companies attracted, and 490 patent applications.
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.
