Korea Venture Investment Corporation headquarters in Seocho-gu, Seoul. /Courtesy of Korea Venture Investment Corporation

More than 220 management firms flocked to the first regular commitment program of the parent fund, to which more than 1.6 trillion won was allocated.

According to the status of applications for the 2026 first regular commitment program of the parent fund under the Ministry of SMEs and Startups, announced by Korea Venture Investment Corporation on the 27th, a total of 224 management firms (including GP and co-GP) submitted proposals.

By field, the "NEXT UNICORN PROJECT startup (deep tech)" field drew the most applications, with 53 management firms applying. The "early-stage small" category also drew 40 firms.

This is the first time that more than 200 management firms have flocked to the first regular commitment program of the parent fund. Based on the Ministry of SMEs and Startups (MSS) account, it surpassed last year's record of 196 in one year. In 2024, 149 firms applied.

This year's first regular commitment program of the parent fund will be conducted on the largest scale ever. As much as 1.63 trillion won has been allocated to the MSS account alone. The requested commitment amount was tallied at over 3 trillion won.

Meanwhile, 50 firms also threw their hats in the ring for the culture, film, and maritime account of the first regular commitment program of the parent fund, to which 510 billion won was allocated.

※ This article has been translated by AI. Share your feedback here.