DGB Daegu Bank and global venture investment company Simsan Ventures (U) have decided to join forces to foster global startups.

According to DGB Daegu Bank on the 17th, it signed an agreement on mutual business cooperation for growth cooperation and creative economic growth with global venture investment firm Simsan Ventures at Daegu Bank’s headquarters on the 16th.

Under the agreement, DGB Daegu Bank plans to interlink its comprehensive corporate support capabilities such as financial and consulting services with global venture investment and acceleration services of UK-based Simsan Ventures.

Through this, they agreed to support financial services, investment attraction, management consulting, acceleration, and mentoring necessary for securing the foundation and growth of startup companies, and to maximize mutual global cooperation for innovative success of startup companies.

Lee Jae-chul, vice president of Daegu Bank, said, “We will become the No. 1 assistant bank that contributes to the success of local startups and revitalization of the local economy by supporting all capabilities such as financial services and consulting services of DGB Daegu Bank.”