Gyeonggi Content Promotion Agency (President Yong-Seok Tak, hereinafter referred to as Gyeonggi Content Promotion Agency) announced that it held a ceremony to commemorate the establishment of the 'SMCP-CNT 1st Gyeonggi Level Up Fund' at the Gyeonggi Creative Economy Innovation Center in Pangyo on July 23.
The venture investment fund established this time has a total scale of 5 billion won, and SM Culture Partners Co., Ltd. and CNT Tech Co., Ltd. participated as joint executive partners (GPs), while Gyeongkonjin invested as a special partner (LP). This fund is a public-private cooperative investment model centered on the content industry, and aims to establish a sustainable growth foundation for content startups in Gyeonggi Province.
Through the fund, Kyungconjin plans to prioritize investment review for 45 early-stage content startups selected for the currently operating '2025 Gyeonggi Level Up Program' and pursue stage-by-stage growth support and investment linkage.
Tak Yong-seok, the president of Kyungkonjin, said, “We expect to see tangible results through this fund created through cooperation between the private and public sectors,” and added, “We will continue to expand the support model linked to private investment.”
Meanwhile, as of July 2025, Gyeonggi-do Investment & Securities has signed agreements with a total of 90 investment companies and the 'Gyeonggi Level Up Invest Partners (G-VIP)', and is continuing to support investment attraction for promising content companies. As of 2024, a content industry fund worth a total of 100 billion won has been created, and in 2025, it plans to additionally form 'Level Up Fund 2' (3 billion won) and 'Level Up Fund 3' (5 billion won) to continue supporting early-stage startups.
SM Culture Partners, which participated as a joint business executive, is an investment subsidiary of SM Entertainment that aims to create synergy between early-stage startups and the entertainment industry, while CNT Tech is an accelerator specializing in early-stage startups and has diverse experience in supporting startups.
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