The FSC and the Ministry of SMEs and Startups held a press briefing on their joint effort to boost support for startups and venture businesses on April 20. In his opening remarks, FSC Chairman Kim Joo-hyun talked about the current startup and venture business environment in which securing investment for startups has become more difficult due to high interest rates and market anxieties. Against this backdrop, Chairman Kim said that the government has drawn up measures to increase support for both venture investors and startup businesses in different stages to help ensure a continuation of their innovative drive in the economy.