Venture investment hits record high in first quarter

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Published on 23 Apr 2018, 10:01
1분기 신규벤처투자 6천348억원으로 사상최고…작년동기比 57%↑

The total venture investment for the first three months of the year reached just under 600 million U.S. dollars.
This follows government efforts to support smaller firms to help develop new growth engines,
The combined private and public investment in startups and SMEs reached a record high 634.8 billion won, or 594 million dollars in Q1-- up more 56 percent from last year.
The Ministry of SMEs and Startups pointed to the government's decision to inject 750 million dollars in such firms in the second half of 2017... as the key to increased private investment.

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