Korea Venture Investment, KETEP Sign MOU to Support Investment and Growth of Energy Companies
Korea Venture Investment (KVIC) announced on November 9 that it had signed a memorandum of understanding (MOU) with the Korea Institute of Energy Technology Evaluation and Planning (KETEP) to support investment attraction and growth for small and venture businesses in the energy sector.
Lee Daehee, CEO of Korea Venture Investment Corporation (left), and Lee Seungjae, president of the Korea Institute of Energy Technology Evaluation and Planning, pose for a commemorative photo at a memorandum of understanding signing ceremony between the two organizations at Korea Venture Investment Corporation's headquarters in Seocho-gu, Seoul, on the 6th. Photo by Korea Venture Investment Corporation
View original imageThe agreement, signed at Korea Venture Investment's headquarters on November 6, was initiated to connect KETEP's technical expertise with Korea Venture Investment's investment network, taking into account the energy sector's need for substantial time and funding for technology development and demonstration. The goal is to support the discovery of promising companies, investment attraction, commercialization, and growth.
The MOU's main provisions include identifying outstanding companies in the energy sector and supporting their efforts to attract investment; supporting the commercialization and scaling up of energy innovation ventures; and fostering investment ecosystems in regions specializing in energy.
The two organizations will also strengthen cooperation with regional energy industry hubs. By connecting the regional network of Korea Venture Investment's Southwest Regional Investment Center in Gwangju, scheduled to open this month, with KETEP's expertise, they expect to work closely to identify promising regional companies, including those in the Gwangju-Jeonnam Energy Valley, and support their efforts to attract investment.
Hot Picks Today
"Two Spend 500,000 Won in a Flash, Yet Wait Two Hours?" ... 'Dreamland' Shunned by Kids and Foreign Tourists
- The Era of Getting 200 Million Won After 30 Years Is Over... A Japanese Bank's "Perpetual Department Head" Who Just Clocked In Cries Out
- Spain Hit by Its Worst Tragedy... Lee Kangin, Moreno and Real Madrid Join Soccer World in Mourning
- They Said, “Make It Your Home for Life” - Then Suddenly Kicked 200 Passengers Off... What Happened to the Around-the-World Cruise?
- "130 Rice Bowls Sold Out in a Day"... 'Unfiltered Face' Adds 8 Million Won to Night Market Sales: China's Bungeunwoo
Lee Daehee, CEO of Korea Venture Investment, said, "This agreement will enable us to connect Korea Venture Investment's investment network with KETEP's technical expertise and actively support investment in promising energy companies and their growth. Through regional ties with the Southwest Regional Investment Center in Gwangju, we will expand investment opportunities for regional energy companies and work to foster regional investment ecosystems."
© The Asia Business Daily. All rights reserved. Unauthorized AI training and use prohibited.
