News & Event
- Home
- News
- News & Event
Public and private sectors from Korean and Japan established KRW 10 bn fund to grow Jeju startups
Korea and Japan's public and private sectors have jointly established a KRW 10 billion fund to support the growth of startups in Jeju.
On December 1st, Jeju-do held the "Startup Korea Japan-Jeju Startup Fund" launch ceremony at Jeju Venture Maru, in collaboration with the Jeju Center for Creative Economy & Innovation (Jeju CCEI).
The Korea-Japan Jeju Startup Fund has been established with a total of KRW 10 billion.
The fund will invest in startups from non-capital regions, including Jeju, and in startups from 10 key strategic sectors (system semiconductors, bio-health, future mobility, quantum technology, next-generation nuclear power, eco-friendly/energy, robotics, artificial intelligence (AI) and big data, aerospace and marine, cybersecurity and networks), with the aim of cultivating globally competitive companies.
The fund was formed with contributions from the Ministry of SMEs and Startups' Korean Fund of Funds (Startup Korea Fund) with KRW 3 billion, Jeju Province with KRW 300 million, as well as contributions from companies such as Kakao, Korea East-West Power, Jescomart, and Jeju National University, Halla University, and Jeju Tourism University, along with government, local authorities, universities, and enterprises.
From Japan, four members of the overseas Jeju community, including Koreans living in Japan, and Japanese companies have also invested.
The fund will be jointly managed by Jeju cCEI and the Japanese firm Seven Star Partners.
Jeju Governor stated, "This fund, jointly established by the public and private sectors of both Korea and Japan, will nurture startup companies and serve as the foundation for the growth of an advanced industrial ecosystem in Jeju. Most importantly, it will mark the starting point for creating new investment and exchange relationships with companies from the overseas Jeju community, including those from Japan."
atoz@yna.co.kr
Source Text
Date
2025.12.08
Views
30
According to Yonhap News,
Korea and Japan's public and private sectors have jointly established a KRW 10 billion fund to support the growth of startups in Jeju.
On December 1st, Jeju-do held the "Startup Korea Japan-Jeju Startup Fund" launch ceremony at Jeju Venture Maru, in collaboration with the Jeju Center for Creative Economy & Innovation (Jeju CCEI).
The Korea-Japan Jeju Startup Fund has been established with a total of KRW 10 billion.
The fund will invest in startups from non-capital regions, including Jeju, and in startups from 10 key strategic sectors (system semiconductors, bio-health, future mobility, quantum technology, next-generation nuclear power, eco-friendly/energy, robotics, artificial intelligence (AI) and big data, aerospace and marine, cybersecurity and networks), with the aim of cultivating globally competitive companies.
The fund was formed with contributions from the Ministry of SMEs and Startups' Korean Fund of Funds (Startup Korea Fund) with KRW 3 billion, Jeju Province with KRW 300 million, as well as contributions from companies such as Kakao, Korea East-West Power, Jescomart, and Jeju National University, Halla University, and Jeju Tourism University, along with government, local authorities, universities, and enterprises.
From Japan, four members of the overseas Jeju community, including Koreans living in Japan, and Japanese companies have also invested.
The fund will be jointly managed by Jeju cCEI and the Japanese firm Seven Star Partners.
Jeju Governor stated, "This fund, jointly established by the public and private sectors of both Korea and Japan, will nurture startup companies and serve as the foundation for the growth of an advanced industrial ecosystem in Jeju. Most importantly, it will mark the starting point for creating new investment and exchange relationships with companies from the overseas Jeju community, including those from Japan."
atoz@yna.co.kr
Source Text
Copyrights Yonhap News. All Rights Reserved.
Reprint or redistribution without permission is prohibited.
Source: Yonhap News (December 1, 2025)