Korea Social Investment "Seeking Circular Economy Innovation Companies"... Sponsored by Coca-Cola Foundation

Interest-Free Loan Program Worth 400 Million KRW Support
Interested Companies Must Apply by September 30

Korea Social Investment announced on the 30th that it is recruiting innovative companies that will create sustainable impact based on plastic circular economy innovation.

This project is being conducted with the support of the global Coca-Cola Foundation. It was initiated to promote the recycling of plastic resources, including the collection of PET bottles. The focus is on PET, which has high value as a resource, highlighting a circular resource system where transparent beverage PET bottles are reborn as new PET bottles.

The application target for this project is companies that possess innovative technologies and solutions in the PET circular economy field. A total of 400 million KRW in interest-free loans will be provided to promote the creation of circular economy impact. In addition, the project will maximize company scale-up through funding, networking, and customized growth support programs. Through this project, Korea Social Investment plans to provide the ‘Corporate ESG (Environmental, Social, and Governance) Evaluation and Consulting Service’ developed by them. Interested companies can apply by the 30th of next month. Detailed information is available on the Korea Social Investment website.

Carlos Pagoa, CEO of the global Coca-Cola Foundation, emphasized, “Collaborating with entrepreneurs who make innovative efforts to expand the collection and recycling of valuable resources is very important for realizing the circular economy.”

Lee Sun-yeol, CEO of Korea Social Investment, said, “We will spare no effort to actively solve environmental issues through eco-friendly technologies by providing various supports.”