KSD Nanum Foundation Donates 50 Million KRW to Impact Finance Ecosystem Project

Korea Securities Depository KSD Nanum Foundation announced on the 16th that it has delivered a total of 50 million KRW in sponsorship funds to three social economy organizations selected through a support project contest aimed at 'spreading the impact finance ecosystem.'

The sponsorship for the contest project was conducted for the second time this year following last year. The support project was open to social economy organizations that completed the 'Impact Finance Academy,' and the selection was made through document screening and evaluation of business plan presentations.

On the 15th, officials from organizations selected for the public contest project to expand the impact finance ecosystem by the KSD Nanum Foundation are taking a commemorative photo. Korea Securities Depository

Photo by Korea Securities Depository

The Impact Finance Academy is a specialized training and capacity-building program for impact finance developed by the Korea Securities Depository Nanum Foundation in collaboration with the Community Chest of Korea and the Korea Social Economy Solidarity. It offers the 'Impact Finance Build-up Course' for social economy organization workers and the 'Continuing Education Linked Course' for social welfare sector workers free of charge on its website.

The three selected projects will receive sponsorship funds ranging from a maximum of 20 million KRW to a minimum of 10 million KRW according to their evaluation ranking. Additionally, to strengthen the operational expertise of these organizations, professional consulting in areas such as legal, accounting, and taxation will be provided.

Since 2021, the KSD Nanum Foundation has been developing customized educational programs to revitalize the social economy and create an ecosystem, continuously supporting the hosting of impact finance forums linked to the Korea Social Economy Expo.

Since last year, based on accumulated support achievements, the foundation has been selecting projects with high potential for realizing and spreading social value to support the growth of social economy organizations.

Lee Sun-ho, Chairman of the KSD Nanum Foundation, stated, "We hope that this contest project support will help the growth and revitalization of social economy organizations and contribute to balanced social development and social innovation."