Official Launch of Large-Scale Mother Fund with Daejeon Metropolitan City and Daejeon Investment Finance
Hana Bank Participates as Largest Contributor to the "Daejeon D-Leap Fund"
Lee Hoseong: "We Expect to Grow Together with Local Innovative Companies and Set a Leading Example of 'Productive Finance'"
On the 29th, Lee Hoseong, CEO of Hana Bank (third from the left in the photo), who attended the formation ceremony of the "Daejeon D-Leap Fund" aimed at supporting innovative growth of local startups and revitalizing the venture investment ecosystem together with Daejeon Metropolitan City and Daejeon Investment Finance, is taking a commemorative photo with Lee Jangwoo, Mayor of Daejeon (fourth from the left in the photo), and representatives of the contributing institutions that formed the "Daejeon D-Leap Fund." Hana Bank Photo by Hana Bank
Hana Bank announced on the 29th that it has contributed 100 billion won to the "Daejeon D-Leap Fund," which was established together with Daejeon Metropolitan City and Daejeon Investment Finance to support the innovative growth of local startups and revitalize the venture investment ecosystem.
Hana Bank participated as the largest contributor (100 billion won) among the contributing institutions that formed the "Daejeon D-Leap Fund." With Hana Bank at the center, this fund marks the official launch of the nation's largest public-private partnership "No. 1 Mother Fund," with a total of 204.8 billion won, achieved for the first time in Korea by uniting private sector capabilities in addition to the public sector.
The significance of Hana Bank's large-scale investment in the "Daejeon D-Leap Fund" lies in its 60-year relationship with Daejeon Metropolitan City, dating back to the era of Chungcheong Bank, and in its commitment to fulfilling the role of a true regional bank by contributing to the development of the Daejeon area.
The formation ceremony for the "Daejeon D-Leap Fund" was organized to announce the results of the ongoing efforts by Daejeon City and the fund’s contributing institutions to create a regional innovative financial ecosystem, as well as to share progress reports, the fund’s vision, and its main investment directions.
Through this ceremony, Hana Bank expects that technology-based startups in the region will be able to secure growth capital stably, and that the fund will ultimately supply a total of 500 billion won in venture capital to the local venture ecosystem, providing a springboard for more than 400 innovative companies to grow into unicorns with market competitiveness.
In addition, the "Daejeon D-Leap Fund" plans to implement a comprehensive investment strategy that not only focuses on the region’s strategic industries but also prioritizes deep-tech companies, going beyond simple financial investment to provide tailored support at each stage of corporate growth, thereby creating local jobs and laying the foundation for global expansion.
Lee Hoseong, CEO of Hana Bank, stated, "I am very pleased and honored that Hana Bank can participate in the official formation of the 'Daejeon D-Leap Fund' with such a significant commitment," adding, "I expect this project to become a leading example of 'productive finance' that pursues both profit and social value while growing together with local innovative companies."
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