Junggyeonryeon Hosts 'Mid-sized Companies Young CEO Network - Ignite 2024'

Sharing This Year's Operational Directions for the Mid-sized Companies Next-Generation Leaders Council

The Korea Federation of Medium-sized Enterprises announced on the 3rd that it held 'Ignite 2024' as the first program of this year for the 'Medium-sized Enterprises Young CEO Network' at the Grand Hyatt Seoul.

(From the front row, left to right) Lee Han-cheol, Director of the Mid-sized Enterprise Support Division at the Ministry of Trade, Industry and Energy; Park Yong-hak, Executive Director of Sempio Foods; Choi Min-chan, Executive Director of SIMPAC; Jung Dae-heum, Vice President of J-Stick; Park Jung-moo, Vice President of Kibo Steel; Oh Seung-chul, Director of the Industrial Infrastructure Office at the Ministry of Trade, Industry and Energy; Lee Ho-jun, Executive Vice Chairman of the Korea Federation of Mid-sized Enterprises; Kang Yoon-ah, Team Leader at Shinyoung; Song Si-han, President of YG-One; and Seo Eun-ji, Manager at Samwon Group, are posing for a commemorative photo.

The 'Medium-sized Enterprises Young CEO Network' is a learning and exchange platform for next-generation leaders of medium-sized enterprises, launched in 2017 under the leadership of the Federation. It operates various programs such as visits to outstanding domestic and international medium-sized enterprises and capacity-building seminars. This year, while continuing existing programs such as visits to excellent companies and expert invitation seminars, new activity areas will be established, including policy improvement proposals, activation of open innovation between medium-sized enterprises and startups, and expansion of the global network, to enhance the effectiveness of network activities.

Oh Seung-cheol, Director of the Industrial Infrastructure Office at the Ministry of Trade, Industry and Energy, said, “We will strengthen policy support such as finance and R&D necessary for medium-sized enterprises with an average business history of over 20 years to discover new growth engines through the entrepreneurship and innovative leadership of next-generation CEOs.”

Lee Ho-jun, Executive Vice Chairman of the Federation, stated, “The fact that many long-established companies with over 100 years of history are concentrated in major advanced countries such as the United States, Germany, and Japan is clear evidence that corporate sustainability and national economic development are inseparable.” He added, “We will reexamine the value of management know-how and entrepreneurship accumulated over decades, expand various capacity-building programs to strengthen the progressive leadership of next-generation leaders, and work closely with the government and the National Assembly to establish a legal and institutional environment that supports corporate sustainability.”