Find XO: Daejeon Social Venture Program, a Strategic Weapon for Founders (venturesquare.net)
Writing language: Korean Read in the original language
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- The Daejeon Innovation Center gathers startups aiming for both technological innovation and measurable social value.
- Supported by connections with KAIST and ETRI, it offers non-dilutive funding.
- The government's social economy budget has increased from 200 billion KRW in 2020 to 550 billion KRW in 2024, making impact indicators a gateway linking grants, certification, and public procurement.
- However, separating policy-driven values and investor-oriented profitability can fracture the core of the business.