The forum focused on the theme of "Expanding Social Value and Activating the Social Venture Ecosystem." Participants shared the achievements of the Mother Fund in addressing social issues and reached a consensus that venture investments should pursue social value alongside financial returns. They identified the need for policy support to help early-stage social ventures secure the funding necessary for scaling up.
During the session on "Creating an Ecosystem for Ultra-Long-Term Investment in AI and Deep Tech," examples of evergreen funds and continuation funds from the United States and Europe were shared. Participants highlighted the need to establish fair value assessment standards and guidelines to prevent conflicts of interest among investors (LPs) as priority tasks.
Earlier, on June 23, the Ministry of SMEs and Startups held a joint event with the Financial Services Commission titled "Passing the Torch from the Mother Fund to the National Growth Fund" aimed at nurturing venture startups into global unicorn companies.
Mok Seung-hwan, Director of the Startup Venture Innovation Office at the Ministry of SMEs and Startups, stated, "The Mother Fund has served as a strong pillar of South Korea's venture ecosystem for over 20 years, sowing the seeds of innovative growth. Now is the time to actively seek the Mother Fund's role in both social value and AI and deep tech technological innovation."
* This article has been translated by AI.
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