[한국방송/박준용기자] The Digital Industry Innovation Fund, jointly participated by public institutions and private investment institutions, raises the anchor and starts investing in earnest.
The Ministry of Trade, Industry and Energy announced on the 22nd that it has formed’Digital Industry Innovation Fund No. 1’with a scale of 102 billion won, which invests in digital innovation companies that promote process, product and service innovation by integrating digital technologies such as AICBM, and will start investing in earnest.
AICBM technologies are Artificial Intelligence (AI), Internet of Things (IoT), Cloud, Big Data, and Mobile.
The Ministry of Industry, fund managers (L&S venture capital, KDB Capital) and investors (Korea Industrial Technology Promotion Agency, Korea Growth Finance Investment Management) held the’Digital Industry Innovation Fund No. 1 Formation Ceremony’ on the 22nd and discussed future fund investment and management plans. did.
Until now, the Ministry of Industry has been promoting the creation of a digital industrial innovation fund as a strategy to respond to the reorganization of the global value chain (GVC) due to the 4th Industrial Revolution and Corona 19, and to expand investment in industrial digital transformation.
Digital Innovation Fund No. 1 was formed in excess of 22 billion won from the initial goal of 80 billion won.
In the future, managers will actively discover digital industrial innovation companies that promote innovation in production processes and products and services by incorporating AICBM technology, invest more than 60% of the total fund, and invest more than 80% of the investment execution amount in excellent technology financing companies. Is expected.
The Ministry of Industry is planning to create a digital industrial innovation fund worth 400 billion won over five years (2020-2024) to promote the digital transformation of our industry, starting with the newly formed Digital Industry Innovation Fund No. 1.
This year, the company plans to promote the creation of an additional 80 billion won worth of digital industry innovation fund No. 2, and plans to announce the management company selection plan in the first half of the year and proceed with the full-scale creation process.
On the other hand, the Ministry of Industry, in addition to the fund, is providing various financial support for digital transformation through a 2 trillion won financial support agreement (Credit Guarantee Fund, Shinhan Bank, Oct.
Sang-mo Kim, Minister of Industry and Technology Convergence Policy Officer of the Ministry of Industry, said at the event, “Digital industrial innovation has become a prerequisite for the survival of Korean companies and creation of added value amid the transformation of the digital industrial ecosystem and the reorganization of the global value chain (GVC).” We will continue to expand the discovery of digital innovative companies and financial support so that we can overcome the crisis of the times and secure global competitiveness.”
Inquiries: Ministry of Trade, Industry and Energy, Industrial Technology Market Innovation Division (044-203-4543)