IBK Industrial Bank of Korea creates ‘IBK Win-Win Leap Fund’ worth 150 billion won

IBK Industrial Bank
IBK Industrial Bank of Korea (CEO Kim Seong-tae) announced on the 25th that it would create the 'IBK Win-Win Leap Fund' to prevent small and medium-sized enterprises from entering the secondary Death Valley and provide liquidity.
Industrial Bank of Korea decided to strengthen corporate industrial competitiveness and support sustainable growth by establishing a rapid liquidity supply system for small and medium-sized enterprises that are pursuing entry into the global super gap industry, business reorganization, and advancement of industrial structure through the creation of the 'IBK Win-Win Leap Forward Fund'. .
The 'IBK Win-Win Leap Forward Fund' plans to select a consignment management company with expertise in investing in small and medium-sized businesses to create a fund worth KRW 50 billion annually for the next three years, or a total of KRW 150 billion. .
The recruitment of entrusted managers for the 'IBK Win-Win Leap Forward Fund' was announced on the Industrial Bank of Korea website, and submission of proposals closed on September 14th, and after document screening and presentations, the recruitment was announced in October. Meanwhile, Industrial Bank of Korea will provide investment and loan packages worth a total of 4 trillion won to revitalize M&A of small and medium-sized businesses and 2.5 trillion won to support the growth of technology start-ups. We support the growth of small and medium-sized businesses and venture companies by supplying trillion won in venture capital.




