The Busan Creative Economy Innovation Center announced on the 5th that it was finally selected for the accelerator (AC) category of the 'Busan Innovation Scale-up Venture Fund Investment Project', which was invested by Korea Social Investment, Korea Venture Investment (Korea Mother Fund), and Busan Metropolitan City.
Following this selection, the Busan Creative Economy Innovation Center and Korea Social Investment plan to establish the "Busan Global Bridge Investment Association" with a total investment of 5.9 billion won. Of this, 3.5 billion won will be raised from the mother fund.
The Busan Global Bridge Investment Association aims to discover and invest in Busan-area startups through collaboration between local public accelerators and global investment firms, and to support their global expansion. Through this, the organization aims to support the growth and scale-up of local companies.
The Busan Creative Economy Innovation Center has been operating various startup support programs, including Open Innovation, Pre-Startup Package, Early-Stage Startup Package, and the B.Startup PIE Placement Program. Notably, since the second half of 2024, the center has been selected for three consecutive mother funds, securing a total of KRW 14.7 billion in funding. Including this fund, the center currently manages six funds, totaling approximately KRW 17.6 billion. Furthermore, in the second half of 2025, the center was selected as a TIPS operator by the Ministry of SMEs and Startups, expanding its support for investment in local startups.
The Global Bridge Fund will operate as a private investment partnership for eight years, with a four-year investment period. At least 80% of the total committed capital will be invested to support startup growth and scale-up.
Investment targets are companies headquartered or headquartered in Busan, focusing on nine strategic industries and five emerging future industries. Selected companies will receive investment support, as well as access to startup support programs offered by both organizations and support for global expansion.
Kim Yong-woo, CEO of the Busan Creative Economy Innovation Center, said, “We have been building an investment foundation for local startups by securing a series of funds and selecting a TIPS operator. Through this Global Bridge Fund, we will contribute to the sustainable growth of local companies and the revitalization of the Busan regional economy.”
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