Shortcut to Body Shortcut to main menu

Investment News

Seoul Metropolitan City to support expansion of a global unicorn company in Korea
Date
2021.08.26

According to Yonhap News,


(SEOUL=Yonhap News) Seoul Metropolitan City announced on August 25 that it will support the expansion of Fiscal Note, a global unicorn company (valuation at KRW 1 trillion or more) into Korea

Based in Washington D.C., FiscalNote is AI-based legislative and regulatory analysis service firm. Currently, it provides legislative and regulatory information of the US and EU to about 5,000 global firms.

The Seoul Metropolitan Government signed a tripartite investment agreement with FiscalNote and its Korean subsidiary startup 'Datahunt'. The city expects the expansion of Fiscal Note in Korea will lead to quality job creation and related industrial technology transfers.

Hwang Bo-yeon, Head of the office of Economic Policy at Seoul Metropolitan Government said, "we will attract companies with potential in new growth industries so that they can create jobs for specialized talent and turn Seoul into a global hub city".

jk@yna.co.kr


Source Text

Copyrights Yonhap News. All Rights Reserved.
Reprint or redistribution without permission is prohibited.



Source: Yonhap News (August 25, 2021)


** This article was translated from Korean.

Related News

    Meta information

    Services

    Invest KOREA provides services support your investment journey.

    Find Nearby Invest KOREA Offices

    Discover nearby offices for Convenient access in your area

    Go to Overseas Office Site