The FSC and the Korean Intellectual Property Office (KIPO) jointly held the 4th IP Finance Forum on December 9 on the theme of promoting finance and investment in intellectual property of innovative companies. FSC Vice Chairman Kim So-young attended the forum and delivered congratulatory remarks, emphasizing the importance of IP financing to facilitate the growth of innovative businesses into globally leading unicorn companies. In his speech, Vice Chairman Kim said that the government will make efforts to facilitate innovative businesses to raise funds needed for growth by attracting investment for their intellectual property. To this end, Vice Chairman Kim said that authorities will support expanding the size of the KRW900 billion tech finance fund already established so far until this year, provide a technology-based IP evaluation model for investment and refine the method of assessing the value of intellectual property, etc.