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The Korea Startup Forum announced on the 10th that it will launch a policy task force (TF) to propose startup policies and incorporate them into national agenda ahead of the 2025 presidential election.

This TF plans to strengthen policy communication with the National Assembly and government in preparation for the presidential election, and to gather opinions from founders, ecosystem stakeholders, and academic experts to ensure they are reflected in the election pledges.

The policy TF is led by Jung Ji-eun, the CEO of Cloud It, and Lee Hyun-jae, the CEO of YesFuture, who are co-chairs of the Korea Startup Forum's External Policy Committee. It plans to reflect the demand of the field through participation from the committee's leadership, major member companies, and ecosystem experts to prepare effective policy proposals.

In particular, Cloud It will lead the overall TF activities by uncovering sophisticated policy messages based on data from its own developed AI, law, regulation, and policy platform and delivering them to each political party and candidate's camp, among other tasks relating to consolidation with global trends.

The agenda focuses on 'Scale-up Korea' as its core value. It plans to propose detailed policy tasks centered on new industries such as AI and GovTech, which will serve as engines for enhancing global competitiveness and economic growth.

The three main tasks are ▲diversification of South Korea's business models (BM) through the nurturing of new industries ▲public innovation and digital transformation (DX) to strengthen South Korea's future competitiveness ▲regulatory reform 2.0 for a free and fair competitive market and a new order.

This will be strategically communicated through an online survey with major member companies of the Korea Startup Forum and a process of gathering opinions from the industry and experts, so that they can be reflected in the pledges of major political parties and each presidential candidate.

Han Sang-woo, the chairman of the Korea Startup Forum, said, 'I will lead efforts to communicate closely with Korea Startup Forum members, government, related ministries, academia, and experts, and to discover agendas that align with the times, so that Korea can leap once again to become a country that is conducive to startups.'

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