[LIGHT HOUSE INVEST] Ulsan City, Gyeongsangnam-do, formed a 'Smart Gre…
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작성일 21-09-07 16:50
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Acting Gyeongnam Governor Ha Byung-pil, Ulsan Mayor Song Chul-ho, Korea Venture Investment CEO Lee Young-min, Lee Joon-ho, head of Deoksan Hi-Metal Hwang Seok-woong, head of NH Nonghyup Bank's Ulsan Sales Division, and Choi Young-chan, head of BNK Kyongnam Bank's Ulsan Sales Division.
Acting President Ha Byung-pil said, "This fund investment will be an excellent opportunity to overcome the two crisis situations: the global climate crisis and the gap between Korea's metropolitan area and non-capital areas."
In March, LIGHT HOUSE INVEST was finally selected as the operator for the first regular investment project of the Korea Fund, while the Korea Fund will contribute 8.8 billion won, Lee Joon-ho, Deoksan Hi-Metal Chairman 3 billion won, Ulsan City 3 billion won, Gyeongnam Province 2 billion won, DSC, NH Nonghyup Bank, and BNK Kyongnam Bank.
By discovering and fostering promising start-ups and venture companies that will lead the Green New Deal, the partners of the agreement will continue organic cooperation to create local jobs and secure a foundation for growth of innovative companies.
In particular, the agreement contained a clause that said, "We will make efforts to be invested first in companies located in Gyeongnam and Ulsan."
With the start-up investment environment concentrated in the metropolitan area, it is expected that the fund, which was formed through cooperation between metropolitan and provincial governments, will serve as a catalyst for the creation of a start-up investment ecosystem in the Boolean region.
Gyeongsangnam-do raised 25 billion won in two funds last year and invested 4.7 billion won in nine companies in the province. In October, it will create an additional "Smart New Deal Innovation Industry Fund" to invest in the field of land transportation innovation.
[Reference] 경남도‐울산시, '스마트그린뉴딜 창업벤처펀드' 결성…230억원 규모 (naver.com) hjm@newsis.com