Chairman Lee Eog-weon of the Financial Services Commission attended the MOU signing event with the Ministry of SMEs and Startups, five financial holding groups and related industry organizations for promoting the development of the startup and venture investment ecosystem on April 30. The MOU will facilitate the provision of funding support by five financial holding groups for the development of the startup and venture investment ecosystem, accelerating the transition to productive finance and helping to create conditions where anyone with an innovative business idea can make an attempt to launch a startup. At the event, FSC Chairman Lee spoke about the significance of today’s MOU signing as providing a critical turning point for the government’s ‘Startup for All’ project and productive finance initiatives and helping to promote the startup and venture investment ecosystem.