Wadiz Partners, an investment specialist subsidiary of Wadiz, announced that it has been selected as the private operator for the '2025 Innovative Small Business Investment Linkage Support Project (LIPS Ⅱ, hereinafter referred to as LIPS 2).
Lips 2 is a program in which the Ministry of SMEs and Startups provides matching funds for commercialization when private investment companies designated by the Small Business Market Promotion Agency under the Ministry of SMEs and Startups make advance investments and then recommend promising small businesses. The support funds are up to three times the private investment, or up to 200 million won, as management funds, and the support scale this year is expected to be up to 300 companies.
Wadiz Partners has been selected as the main institution for the 'Private Investment-Linked Matching Loan (LIPSⅠ, hereinafter referred to as LIPS 1)' project since 2023, and has been operating the project for the third year. LIPS 1 is a project in which private investment companies provide policy funds of up to 5 times the investment amount, up to a limit of 500 million won, to small and medium-sized enterprises when making a pre-investment. This year's budget is 40 billion won. With the selection of the LIPS 2 private operator this time, Wadiz Partners has been recognized as a venture capital firm specializing in fostering entrepreneurial small and medium-sized enterprises in the LICORN field.
In addition, Wadiz Partners jointly invested in the 'Lycon Fund' with Lotte Home Shopping last year, and as an operator, plans to focus on investing in and fostering lifestyle and local brands with high growth potential. Wadiz Partners was also selected as the first operator (GP) of **'Lycon Fund'**, which was newly established as a mother fund in 2024.
So Kang-seop, CEO of Wadiz Partners, said, “With our selection as the private operator of Lips 2, we expect that promising companies that have received investments from Wadiz Partners will be able to secure operating funds to focus on developing innovative products and content research and development,” adding, “In particular, this year, we plan to strengthen our role as a growth partner for new brands by exporting products jointly developed with Next Brand to overseas markets through Wadiz Global Service within the first half of the year.”
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