'TSE Woori - Chungnam 11th Turnaround Investment Union'
Venture / Mid-term support fund that dreams of resurgence
Chungnam province, small and medium-sized venture business department, and Woori bank formed an investment union and set up arms to support innovative enterprises in Chungcheong province and re-start-up ventures and SMEs.
Chungnam Province announced that it held the 'TSU-Chungnam 11th turnaround investment union formation general meeting' with the participation of fund investors at the TS Investment meeting room of Gangnam-gu, Seoul on the 4th.
The funds managed by the investment union are planned to operate for 8 years, including W3bn in Chungcheongnam-do, W8bn in government-funded funds, W10bn in Woori Bank, and 2bn in fund management companies, to KRW63bn.
The investment union will invest in innovative companies that have headquarters, main offices and factories in the province, and venture and small and medium enterprises that have been re-established after closing.
Starting next year, technology innovation companies and re-start small / venture companies in the province will be able to receive at least 6 billion won through examination of the investment union.
For inquiries about fund application and investment combination, please refer to Corporate Affairs and Trade Section.
"This fund is designed to provide tailor-made support from the start-up of venture capital and small and medium-sized enterprises to the childcare stage in response to the government policy of revitalization and re-start-up," said Lee Dong-soo, I am looking forward to supporting local promising start-up companies and resurgent enterprises. "