China has a policy of superclusters to drive growth and is increasingly incorporating corporate venture capital initiatives into these clusters.
Category: Government Initiatives
Saudi Arabia pumps billions into gaming and esports sectors
The Middle Eastern country aims to diversify its oil heavy economy through corporate venture investments.
UK mini-Budget may boost corporate investment in science and tech startups
The UK government aims to leverage institutional investment including potentially in corporate vehicles.
Thailand approves CVC tax break
The startup must engage in one of the 14 target industries.
Korean chaebols start local CVCs
South Korea-based electronics conglomerate LG is among local corporations considering starting a local corporate venture capital unit based on a regulatory change passed in the country at the end of 2021. The regulatory changes enacted from 30 December are understood to only affect groups with a holding company structure, such as LG, for Korea-based CVC… Continue reading Korean chaebols start local CVCs
Telefónica and IDB partner for LatAm
The launch of CIV-LAC as a regional corporate entrepreneurial platform is expected to help 600 startups.