Organization:Asan Nanum Foundation

From HandWiki
Asan Nanum Foundation
아산나눔재단
FormationOctober 2011; 14 years ago (2011-10)
TypeNonprofit organization
Location
Chairman
Eom Yoon-mi
Honorary chairman
Chung Mong-joon
Websiteasan-nanum.org

The Asan Nanum Foundation (Korean아산나눔재단) is a South Korean nonprofit organization established in 2011 in honor of Chung Ju-yung, the founder of Hyundai Group.[1] The foundation is headquartered in Jung District, Seoul, South Korea,[2] and focuses on promoting entrepreneurship education.[3]

As of 2024, the foundation has facilitated the formation of ₩2.1 trillion (approximately $1.6 billion USD) in funds.[1] It has three startup incubation facilities — Maru 180 and Maru 360 in Yeoksam-dong and Maru SF in San Mateo.[4]

History

The Asan Nanum Foundation was established in October 2011 to commemorate the 10th anniversary of the death of Hyundai Group founder Chung Ju-yung.[1][5] "Asan" is Ju-yung's art name.[6] The foundation's initial funding was primarily provided by various companies in the Hyundai conglomerate and Chung Mong-joon.[7]

In 2012, the foundation established the Chung Ju-yung Angel Investment Fund with an initial capital of ₩100 billion ($75 million USD).[1] With entrepreneurship competitions,[8] the flagship fund invests in startups alongside angel investors, accelerators, and venture capitalists.[9][10]

The foundation launched startup incubation centers Maru 180 in April 2014 and Maru 360 in November 2021.[11][12]

In December 2024, the foundation announced Maru SF, a San Mateo, California-based facility, to support Korean startups expanding into the United States.[5]

References

  1. 1.0 1.1 1.2 1.3 Kim, Joo-Wan (August 20, 2024). "Asan Nanum Foundation revamps fund management". KED Global. https://www.kedglobal.com/korean-startups/newsView/ked202408200009. 
  2. "햇빛에 강한 단아한 피부미인" (in ko). 2019-02-11. https://weekly.donga.com/culture/article/all/11/1632915/1. 
  3. Lee, Tae-hee (April 18, 2025). "9 startups created by foreigners, North Korean defectors selected for Asan Sanghoe program". Korea JoongAng Daily. https://koreajoongangdaily.joins.com/news/2025-04-18/national/kcampus/9-startups-created-by-foreigners-North-Korean-defectors-selected-for-Asan-Sanghoe-program/2288466. 
  4. "아산나눔재단, 실리콘밸리에 스타트업 입주공간 마련" (in ko). 2024-12-05. https://www.hankookilbo.com/News/Read/A2024120514370000567. 
  5. 5.0 5.1 Herh, Michael (December 17, 2024). "Asan Nanum Foundation Expands Silicon Valley Base with Strategic MOUs". Business Korea. https://www.businesskorea.co.kr/news/articleView.html?idxno=231913. 
  6. "한국 실리콘밸리 꿈꾸는 강남 '마루360' 가보니" (in ko). 2021-11-03. https://zdnet.co.kr/view/?no=20211103160157. 
  7. Kim, Young-moon (1 January 2015). "기업인 출연 공익재단 탐방[2 아산나눔재단 - “청년들의 잠재역량 발굴해 ‘창조적 소용돌이’ 일으키겠다”"] (in ko). Forbes. https://www.forbeskorea.co.kr/news/articleView.html?idxno=304863. 
  8. Herald, Korea (2012-10-02). "Youth start-up programs young, but blooming" (in en). https://www.koreaherald.com/article/10373908. 
  9. Yum, Ji-hyun (May 21, 2025). "아산나눔재단, '2024 아산나눔재단 연차보고서' 발간" (in ko). Social Impact News. https://www.socialimpactnews.net/news/articleView.html?idxno=3875. 
  10. Joo-won, Chung (2012-06-24). "Asan to hold national youth competition on entrepreneurship" (in en). https://www.koreaherald.com/article/10366632. 
  11. "스타트업 지원하는 착한 재벌 3세" (in ko). 2019-06-06. https://woman.donga.com/people/article/all/12/1747155/1. 
  12. "[인터뷰 김아랑 아산나눔재단 사업본부장 “스타트업이 마주한 현실은 늘 어렵지만… 기업가 정신으로 난관 돌파해야” - 테크42"] (in ko-KR). 2023-01-26. https://www.tech42.co.kr/%ec%9d%b8%ed%84%b0%eb%b7%b0-%ea%b9%80%ec%95%84%eb%9e%91-%ec%95%84%ec%82%b0%eb%82%98%eb%88%94%ec%9e%ac%eb%8b%a8-%ec%82%ac%ec%97%85%eb%b3%b8%eb%b6%80%ec%9e%a5-%ec%8a%a4%ed%83%80%ed%8a%b8/.