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Ministry of Science and ICT, 40 billion won metabus fund creation

 

The Ministry of Science and ICT is seeking an investment management company to create and operate a 40 billion won ' metaverse -nbsp;

The Metaverse Fund is a fund that supports the vitalization of mergers and acquisitions to expand the business areas and scale of small and medium-sized venture companies in the metaverse field that require convergence of various information and communication technologies. The existing digital content fund has been expanded and has been created and operated since last year.

The Ministry of Science and ICT will create a fund to support metaverse technology investment or activation of mergers and acquisitions this year, so that domestic metaverse-related companies can grow into core companies that can compete with global companies by expanding their business areas and expanding their scale. plan to support.

In response to economic uncertainty, incentives to promote investment will be prepared and operated so that investment funds are quickly and stably supplied to early stage companies such as small and medium-sized enterprises and venture companies.

Oh Yong-soo, Software Policy Officer at the Ministry of Science and ICT said, “The government’s priming support is needed more than ever as private venture investment has dried up due to the deteriorating economic situation at home and abroad.” We look forward to securing global competitiveness to lead the metaverse market, which is in the early stages of growth.”

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