The Financial Investment Association announced on the 18th that it has signed a “MOU” with the Venture Business Association and Korea Evaluation Data to expand productive finance based on capital markets.
This agreement is designed to create a virtuous cycle investment ecosystem that leads to ‘finding excellent companies through evaluation of growth potential → investment support optimized for the stage of corporate growth’ by effectively linking capital market expertise and venture markets.
Based on this, the three organizations plan to promote stable growth of venture companies and continue to develop a mutual cooperation system for the spread of productive finance.
The main contents of this agreement include ▲ establishing a cooperative system between institutions to revitalize productive finance ▲ expanding the supply of venture capital using various capital market investment methods such as issued bills, comprehensive investment accounts (IMAs), and corporate growth collective investment organizations (BDCs) ▲ discovering excellent companies based on data and establishing an investment linkage system.
Seo Yoo-seok, president of the Korea Financial Investment Association, said, “In venture and start-up investment, it is more important to closely analyze the future growth potential of companies than financial performance. Through this agreement, the supply of venture capital in the financial investment sector will be efficiently connected to companies with growth engines.”