The Ministry of SMEs and Startups (MSS) and Korea Venture Investment Corporation said on the 27th that they took part as sponsoring organizations in the "UKF 82 Start - Up Summit 2025" held in New York and held an investment attraction event for domestic ventures and Start - Ups.
The "UKF 82 Start - Up Summit" is organized by UKF (United Korean Fund), a nonprofit founded and led by Korean American venture investors and Start - Ups in the United States, and is held on the West Coast every January and on the East Coast in October. The Ministry of SMEs and Startups (MSS) has been working with UKF since early this year to jointly promote related events, including Start - Up investor relations (IR) sessions.
This event brought together seven domestic Start - Ups in advanced fields such as artificial intelligence (AI) and Robotics, and 12 U.S.-based investment firms, including SOSV, Third Prime, and Collaborative Fund. Participating corporations discussed the possibility of securing investment through one-on-one meetings with investors, along with corporate introductions.
The Ministry of SMEs and Startups (MSS) and Korea Venture Investment Corporation plan to use this event as a springboard to expand cooperation with UKF so that domestic Start - Ups can establish a foothold for entering the U.S. market and strengthen local networks and investment linkages.
Meanwhile, the Ministry of SMEs and Startups (MSS) is building a "Start - Up·Venture Campus" (SVC) in Silicon Valley, United States, with the goal of opening in January next year. Serving as a base for U.S. entry by domestic ventures and Start - Ups, it will host related agencies including Korea Venture Investment Corporation, Korea SMEs and Startups Agency (KOSME), Korea Institute of Startup and Entrepreneurship Development (KISED), Korea Technology Finance Corporation (KOTEC), and Korea Venture Capital, providing one-stop services such as infrastructure support, startup incubation, networking, and financial and investment assistance.
Kim Bong-deok, director-general for venture policy at the Ministry of SMEs and Startups (MSS), said, "In the United States, the center of the global economy and industry, UKF's Korean American Start - Up and investor network serves as a buttress for domestic ventures and Start - Ups whose local entry base is weak," adding, "Centered on the 'Start - Up·Venture Campus' opening next year, the Ministry of SMEs and Startups (MSS) will actively support the entry of domestic ventures and Start - Ups into the United States in cooperation with UKF and local domestic and international corporations and institutions."