Vice Chairman Kwon Dae-young of the Financial Services Commission delivered opening remarks at the conference on boosting support for the innovative venture and startup ecosystem held jointly by the FSC and the National Economic Advisory Council on March 26. At the meeting, Vice Chairman Kwon spoke about the significant role of National Growth Fund in propelling the growth of the Korean economy for the next twenty years and laid out specific plans to provide investment support for the innovative venture and startup ecosystem. In this regard, the National Growth Fund will inject direct investment of at least KRW15 trillion and indirect investment of KRW35 trillion through various types of funds. In his closing, Vice Chairman Kwon said that the National Growth Fund will be operated in such ways to make sure that innovative venture businesses are no longer bogged down by financial obstacles or face the problem of being trapped in the so-called valley of death.