Mutual Cooperation Fund Forms First Mother Fund for Venture Investment

Plan to Establish Two Sub-Funds Worth 5 Billion Won Each

The Foundation for Large, Small, and Medium Enterprises and Agriculture and Fisheries Cooperation announced on September 30 that, using a mutual cooperation fund contributed by KB Financial Group, it will form its first "mutual cooperation mother fund" together with Korea Venture Investment.

The mutual cooperation mother fund is the first case to be established since the amendment of the Enforcement Decree of the Mutual Cooperation Act in 2024, which allowed mutual cooperation funds to be invested in venture capital partnerships by law. Unlike the existing mutual cooperation funds that were primarily used for partner companies, the scope of support has been expanded to include a variety of small and medium enterprises as well as small business owners.

Foundation for Large, Small and Medium Business and Agriculture-Fishery Cooperation Logo. Foundation for Large, Small and Medium Business and Agriculture-Fishery Cooperation

KB Financial Group is contributing 3 billion won to the mutual cooperation fund, and the Foundation will invest this amount in the mother fund. Korea Venture Investment will manage the mother fund operations. Going forward, with matching private capital, the plan is to create two sub-funds with a total size of 5 billion won. The sub-funds will primarily focus on investing in small and venture companies in the impact sector.

A representative of the Foundation said, "We will oversee practical outcomes through our foundation’s specialized startup and venture division, and create a virtuous cycle of investment, recovery, and reinvestment, with funds recovered in the future being reinvested."

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