FSC Chairman Shin Je-Yoon visited Gwanggyo Technovalley, Suwon to meet the representatives of the technology firms in the cluster.
Officials from the financial bodies and company representatives actively shared opinions on ways to facilitate venture capital and effectively provide business funds. In particular, U Electronics and Asta, two firms funded by the Growth Ladder Fund, shared their experiences of expanding their business with the help of the government’s financial assistance.
Chairman Shin explained in detail the FSC’s detailed plan to cultivate innovation-friendly environment announced on August 26 and expressed the government’s strong commitment to realize creative finance. Moreover, he urged the financial industry to support the government’s efforts by emphasizing that the success of creative finance depends on financial institutions’ ability to accurately evaluate the value of technology and idea.