News
Yanolja has established a fund to foster the tourism venture companies
corp
2021.10.06
Yanolja has created a fund to foster tourism venture companies. The company participates in the fund investment project hosted by the Ministry of Culture, Sports and Tourism as a limited liability member. And the fund is worth a total of KRW 65 billion(USD 54.4 million), and Yanolja raises KRW 13 billion(USD 10.9 million) to invest in innovation in the travel industry.
This fund creation is a part of Yanolja's ESG (Environmental, Social, and Governance) management. Yanolja plans to support new start-ups through investment and also to nurture unicorn companies in the travel industry by sharing the know-how accumulated by Yanolja over the years to build a virtuous cycle for the development of the industry.