The Ministry of SMEs and Startups (Minister Han Sung-sook, hereinafter referred to as the Ministry of SMEs and Startups) announced that it will hold the Super Gap VC Membership (hereinafter referred to as the VC Membership) appointment ceremony and IR Day at the Seoul Startup Hub Scale-up Center on Thursday the 25th.
The VC Membership was launched in April of this year to support the investment attraction efforts of ultra-gap startups by focusing on VCs and CVCs with a history of investing in ultra-gap startups. Nine VCs, including Stick Ventures and Shinhan Venture Investment, and 11 CVCs, including LB Investment and Samsung Venture Investment, were selected for the VC membership.
VC membership members are given the opportunity to explore deep-tech startups with the best technologies in Korea, including priority participation in ultra-gap IR programs, priority participation in IR programs targeting open innovation startups, and regular networking with ultra-gap startups.
Since its launch in April of this year, a total of six IR Days have been held, and an investment attraction program for ultra-low-gap startups exclusively for VC membership, including 148 mentoring sessions and 87 investment consultations, is being actively promoted.
The event was attended by Kyungwon Cho, Director of Startup Policy, Daehee Lee, CEO of Korea Venture Investment, 25 VC membership members, and 10 ultra-gap startups. Notably, with the addition of five new "NEXT UNICORN Project" startup fund managers, a certificate award ceremony was held to foster a sense of belonging among members and strengthen networking between VC membership and ultra-gap startups. This was followed by an IR program exclusively for ultra-gap startups and networking between startups and VCs.
Kyungwon Cho, Director of Startup Policy, said, “In order for ultra-gap startups with the best technology in Korea to grow further and enter the global market, timely investment attraction is essential.” He added, “Through the Ultra-gap VC Membership, we will actively continue to serve as a bridge between leading VCs and CVCs and ultra-gap startups to create synergy.”
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