Korea Venture Investment Corporation said on Sept. 30 that it formed the Win-Win Cooperation Master Fund to invest in small and medium-sized enterprises and venture companies using funds from large corporations, financial institutions and others. The vehicle follows an amendment to the enforcement decree of the Act on the Promotion of Win-Win Cooperation between Large and Small Enterprises, which permits win-win cooperation funds to invest in venture capital partnerships. KB Financial Group provided the initial 3 billion won contribution through the Win-Win Cooperation Fund managed by the Large-Small Enterprise and Fisheries Cooperation Foundation. Korea Venture Investment plans to raise more than 5 billion won through sub-funds targeting impact enterprises that seek financial performance while addressing social problems and demonstrating innovation and growth potential.