Hana Financial Group announced on Monday its plans to launch a program aimed at supporting startups with green technologies and potential for job creation and sustainable growth. Under this initiative, a total investment of 3 billion won ($2.2 million) will be provided to a select number of qualifying startups.The program, Hana ESG Double Impact Matching Fund, will support its double mandate of job creation and environmental preservation, as overseen jointly by Korea Social Investment Foundation, a non-profit organization.ESG is short for environmental, social and corporate governance.Applicants will undergo two rounds of screenings, with the first round taking place from April 8 to May 24, followed by the second round from June 3 to August 2.
More information can be found on the Hana Power On website.Hana Financial and the non-profit will form a joint committee to review the applicant startups’ potential for job creation, sustainable growth and development and green tech advancement.The finalists will be required to share their business developments, with the specifics presented during investment relations events. These events will be attended by venture capital figures who will assess the feasibility of the investment project.”Hana Financial aims to create a virtuous cycle in which corporate growth, quality job creation and environmental preservation will be prioritized in equal weight, an outcome derived from a group-wide drive,” a Hana Financial official said. “We will continue to lead the initiative of an expanded finance-mediated social responsibilities program.”Hana’s initiatives encompass nurturing youth entrepreneurs and providing job training for underprivileged groups. This includes individuals with disabilities, mothers who have left the workforce due to 슬롯놀이터 child-rearing responsibilities, and those in the 40 to 59 age group.
