A 'strong partner of start-up companies' Sports Corporation attracts investment in start-ups in sports?holding a consultation meeting with Seong Hwa

Jul 16, 2024

 A 'strong partner of start-up companies' Sports Corporation attracts investment in start-ups in sports?holding a consultation meeting with Seong Hwa



The Seoul Olympic Memorial National Sports Promotion Foundation (Chairman Cho Hyun-jae) held a consultation meeting with professional investment companies (VC and AC) to boost investment attraction for sports start-ups using the National Sports Promotion Fund.

Seventeen sports industry parent fund managers (general and start-up funds) participated in the consultation held at the Royal Park Convention in Yongsan-gu, Seoul on the 15th to provide customized investment counseling to 31 companies (with annual sales of more than 300 million won or a history of selecting investment attraction programs) selected for the "2024 Start-up Support Project".

On this day, a special lecture by an investment company specializing in technology-type startups under the theme of 「Inright Ventures" was followed by 1:1 intensive counseling (3 times, 30 minutes per session) between investment companies and matched companies based on prior delivery data for each start-up company.



An official from the Korea Sports Corporation said, `I hope it served as an opportunity for sports companies with high development potential to grow to the next level.' `We will continue to be a strong partner for start-up companies by promoting investment in sports companies.'

Meanwhile, the Sports Corporation will hold a total of three investment consultations this year, and last year, it supported a total of 10 investment attractions worth about 5 billion won.





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