Nam Kyung-pil Announces Plan to Create "Young CEO Support Fund"

Rep. Nam Kyung-pil announced plans to establish the 'G-SuperMen Fund,' a public audition-style fund to support young CEOs.

Nam, a prospective candidate for Gyeonggi Province governor from the Saenuri Party, held a press conference on the "Second Gyeonggi Vision" at the Gyeonggi Provincial Assembly on the 3rd, announcing the introduction of the 'G-SuperMen Fund,' a 2030 support program combining investment and mentoring.

According to Rep. Nam, the 'G-SuperMen Fund' will have Gyeonggi Province create an 800 billion won fund to make long-term investments in youth enterprises and connect them one-on-one with super CEOs.

The fund's first-year mentors will be seven companies: NC Soft, CJ E&M;, SK Chemicals, Kakao, E-mart, Paris Baguette, and Aikaikist, with each mentor overseeing support for 10 companies.

Investment targets for the fund will be determined through public auditions in which super CEOs from these companies participate as judges.

Additionally, through agreements with organizations such as the Credit Counseling Foundation, the '2030 Loser Comeback System' will also be established to allow businesses that have become creditworthiness-impaired due to business failure to receive fund investment.

Rep. Nam stated, "Existing youth support funds have mostly been passive and conservative investments, failing to provide substantial help," and explained, "We will ensure that any entrepreneur in their 20s or 30s with ideas and passion can receive support."