Tuesday, February 21, 2017

Imjongryong "the fourth key industrial SMEs and venture financing enlargement"



[Korea financial newspaper Choice reporters FIG imjongryong finance chairman (pictured) support for start-ups, SMEs and venture companies to play a key role 21 days in the 'financial sector strengthening support promising new industry sector and the Fourth Industrial Revolution It said it plans to expand aggressively.

In the afternoon, a new growth sector support policy meeting, held under the auspices finance growth policy council at the Seoul Press Center imjongryong Chairman emphasized as such, the Commission launched the new growth is an important first step in preparation for the fourth round of industrial revolution era, he said.

Financial authorities provide a 'joint growth based on "a unified basis for new growth areas to support the release of each policy jegakgak operational by the end of last year, financial institutions and one was inaugurated the day' growth committee. He was appointed as the Chairman of the yichangyang KAIST professor. Commissioner participates in the KAIST Professor Kim Won-jun, etc., ryugwanghun Culture and Tourism Institute Senior Fellow, Professor, Yonsei University bakhuijun, um Boyoung Health Industry Development Division, a Professor of Kyung Hee Gemma, jeongyusin Sogang University. Practical support organization 'growth based on selected advisory', 'growth supports Korean auditors' was also configured.

Depending on the growth policy based on co-financing of 85 trillion won this year, will be available in advanced manufacturing, biotechnology, cultural content, including promising new growth industries and service industries.

Entrepreneurship - recovery - growth - virtuous ecosystem settlement of corporate financing jaedojeon also be derived. Imjongryong chairman said, "founded by the front steps, such as start-up related to reorganize and strengthen the guarantee program nagagetda personalized support.

Market development funds to help recover the investment in start-ups and venture companies can be recovered smoothly was also highlighted. Imjongryong chairman said "we will arrange a deal, such as improved ease of recovery of the KOSDAQ market activation measures, improvement of public institutions Conex, over-the-counter market (K-OTC) '.

Magazine said investment by venture capital also needs a loan, other than private assurance. Imjongryong chairman said, "nagagetda improve the investment limits, such as crowdfunding system that supplies many creative venture capital continues to improve also the regulation of private equity funds.

Launch day came also urge for a new growth committee. 'Establish a fund implementation plan to be policy loans are allocated correctly and effectively in the new growth areas' and 'best practices (Best Practice) to create necessary to joseonghae atmosphere to private financial institutions participate voluntarily', etc. were highlighted .

Imjongryong Chairman, the Commission shall be a focal point for growth for the fourth industrial revolution led to the country expects a large force for a new leap in our economic and financial 'he said.

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