Korea Venture Investment Seeks Contributors to Innovation Venture Ecosystem Development

Apply for 'Korea VC Awards 2024' by the 31st
Reward categories include 'VC of the Year', 'Best Investment Officer', etc.

Korea Venture Investment announced on the 24th that it is accepting applications for the ‘Korea VC Awards 2024’ until 5 p.m. on the 31st to discover and reward contributors to the development of the innovative venture ecosystem.

Marking its 15th year, this event awards key contributors to the development of the innovative venture ecosystem, including major limited partners (LPs) of the Korea Fund of Funds and venture capitalists (VCs).

The award categories include five sections: ‘VC of the Year,’ ‘Best Investment Officer,’ ‘Best Fund,’ ‘Best Management Personnel,’ and ‘Investment Company of the Year.’ Through evaluation, 12 awards will be presented, including the Minister of SMEs and Startups Award and the Korea Venture Investment CEO Commendation.

Incentives have been expanded for winners in the ‘VC of the Year’ and ‘Best Investment Officer’ categories, exempting them from restrictions on Korea Fund of Funds investments due to non-fulfillment of Letters of Commitment (LOC) and Letters of Intent (LOI).

Shinsanghan, Vice President of Korea Venture Investment, said, “We hope this event will serve as an opportunity to widely promote the achievements of outstanding venture capitalists leading the venture ecosystem, and we encourage many asset management companies leading the domestic venture ecosystem to participate.”