Korea Asset Purchase (KAP) announced on the 30th that it was selected for the '2025 Startup Venture Business Commercialization Fund Support Project' hosted by the Korea Real Estate Board (REB).
The 'Startup Venture Business Commercialization Fund Support Project' is an ESG startup support strategy project that comprehensively evaluates innovation, publicness, growth potential, etc. among startups related to the real estate industry to select support targets. Selected companies are supported with up to 10 million won in commercialization funds, and through this, the Korea Real Estate Board is seeking to establish a growth foundation for startups and venture companies and to advance into the global market by commercializing ideas, improving productivity, and expanding sales channels.
With this selection, KAP plans to accelerate the technological advancement of its main businesses, including its social problem-solving financial service ‘Hedge’, improving user accessibility, and expanding partnerships.
Kim Jong-gu, CEO of Korea Asset Purchase, said, “This selection is meaningful in that it recognizes the public nature and sustainability of the social finance model,” and added, “We will use the support funds to improve the completeness of the service and ensure that more users can receive real benefits.”
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