Venture Enterprise Glossary
Key terms related to Korea's venture enterprise system, explained clearly.
Credit Guarantee
Credit Guarantee
System where KODIT guarantees enterprise credit to support bank loans.
Fund of Funds (FoF)
Fund of Funds (FoF)
Government fund-of-funds operated by KVIC. Invests in individual VC funds as a parent fund.
Government Policy Fund
Government Policy Fund
Low-interest policy loans provided by MSS, SBC, and other government agencies.
Investment Confirmation Certificate
Investment Confirmation Certificate
Document confirming investment in a venture enterprise. Required for income deduction applications.
Technology Guarantee
Technology Guarantee
Guarantees provided by KIBO based on technology assessment, supporting financing for enterprises la…