FSC Chairman Kim Joo-hyun visited Mapo Front1, a startup support center, on November 24 and held talks with venture startups on the importance of establishing a startup-friendly ecosystem and ways to boost venture investments. During the meeting, Chairman Kim said that the FSC and policy financial institutions will step up efforts to provide financing support and facilitate investments from the private sector by creating a startup growth fund worth KRW15 trillion over five years. Chairman Kim said that policy financial institutions will set up a funding support program worth KRW6.3 trillion which will offer low interest rate loans to venture startups based on their growth potential.