Recruitment of Participating Companies for the 13th Kibo Venture Camp

Focused Nurturing of Startups Leading the Post-Corona Era

The Korea Technology Finance Corporation (Chairman Kim Jong-ho, hereinafter referred to as Kibo) announced on the 15th that it is recruiting participating companies for the "13th Kibo Venture Camp" to nurture capable innovative startup companies that will lead the post-COVID-19 era.

Kibo Venture Camp is a program that nurtures innovative startup companies into star venture companies through collaboration with private accelerators based on Kibo's accumulated experience in supporting technology startups.

The recruitment targets are innovative startup companies within three years of establishment as of the announcement date or prospective entrepreneurs. Approximately 40 participating companies will be recruited through the first document screening and the second presentation evaluation. In addition to the general selection, various tracks such as regional balance, ESG, and super-gap future strategic industries will also recruit companies from non-capital regions, companies creating social value, and companies in the super-gap future strategic industry sectors.

Companies selected for the Kibo Venture Camp can receive various programs free of charge, including ▲ consulting for establishing customized growth strategies ▲ mentoring linked with experts in various fields such as successful entrepreneurs ▲ investment attraction opportunities and networking with private venture capitalists (VCs).

In particular, graduated companies will be systematically supported until successful startup establishment by providing a package of financial services such as guarantees and investments, and non-financial services such as research and development (R&D) support and technology transfer.

Kim Young-gap, a director at Kibo, said, "Kibo Venture Camp has provided startups with a great opportunity to grow one step further by supporting various programs including financial and non-financial services," adding, "We will continue to enhance the program and strengthen collaboration with private accelerators so that many companies can successfully attract final investments."