Kyobo Life has nurtured 239 startups aimed at solving social issues, benefiting over 300,000 individuals through their products and services.
On August 22, Kyobo Life announced that through its social contribution program 'Impact Up,' it has supported the growth of 239 social ventures from 2018 to last year.
According to the '2025 Impact Up Performance Report' published in July, Kyobo Life identified 1,246 companies focused on solving social problems over the past eight years, nurturing 239 of them. The survival rate of these nurtured companies is reported at 94%, with 487 new jobs created during their growth.
Impact Up was launched in 2018 to support companies that assist in the education and growth of future generations, including children and adolescents. The program has since expanded its support to areas such as welfare, healthcare, and the environment. Depending on the growth stage of the companies, it offers expert mentoring, management and legal consulting, marketing, investment presentations, and networking opportunities.
The products and services of the nurtured companies have been utilized in education, caregiving, and healthcare settings. As of last year, the cumulative number of beneficiaries reached 301,751. Key achievements include providing free mental health diagnosis and counseling using artificial intelligence (AI) to 48,160 individuals, free childcare matching for 13,000 families, stress management for 11,060 students, and support for 6,100 children at risk of hunger.
Recently, the program has expanded its support to include health management for the elderly and mental health for adolescents. Stress Solution has assisted students in measuring and counseling their stress levels through 'Healing Beat,' which provides personalized sound based on biometric signals. The technology to predict the risk of panic attacks using heart rate variability is also under development.
BioBytes is currently operating an AI solution that can diagnose and manage sarcopenia, a condition characterized by the loss of muscle mass and strength as people age.
A representative from Kyobo Life stated, "The role of Impact Up is to help companies with ideas and technologies for solving social problems to continue growing in the market. We will support the dissemination of these companies' achievements to more people and communities."
* This article has been translated by AI.
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