# Business and Employment Agency of Daejeon

Business and Employment Agency of Daejeon is a Government / Public Body based in Daejeon, South Korea.

## Overview

- **Organization type:** Government / Public Body
- **Headquarters:** Daejeon, South Korea
- **Region:** Asia
- **Address:** Daejeon, South Korea
- **Founded:** 1995
- **Assets under management:** Undisclosed
- **Website:** www.djbea.or.kr

## Regulatory record

- **Reports private funds:** No

## About

The Business and Employment Agency of Daejeon was created in 1995 by Daejeon Metropolitan City as a public institution. Its mandate centers on improving business conditions and employment outcomes in the city. The agency targets early-stage and growth investments through seed, startup and expansion programs. It maintains partnerships with KAIST for 4th Industrial Revolution projects and startup incubation. Confirmed activity includes direct support for venture formation and SME scaling inside South Korea. Geographic reach stays limited to Daejeon and adjacent domestic markets. No public data exists on total deployment size or headcount. The agency operates from multiple sites in Daejeon, including the Daejeon Knowledge Industry Center and the Business Support Center. Baek Un-gyo completed his term as director in late 2025. Public funding from Daejeon Metropolitan City supplies the capital base and defines the mandate, separating the agency from private family offices or independent managers.

## Sectors

- Venture

## People

- Baek Un-gyo — Director (CEO)

## Questions

### Who runs investment decisions at the Business and Employment Agency of Daejeon?

Baek Un-gyo served as the third director until late 2025. The agency operates under oversight from Daejeon Metropolitan City as its founding public body.

### How does the agency source deal flow?

It draws from local SME networks and collaborations with KAIST on startup incubation. Focus remains on 4th Industrial Revolution initiatives inside Daejeon.

### Does the agency participate in fund commitments or only direct deals?

Activity centers on direct support for startups and SMEs through consultations and incubation programs. No fund commitments are disclosed in available records.

### Where does the underlying funding come from?

Daejeon Metropolitan City established and funds the agency as a public institution.

## Related profiles

- [Bush Associates](https://altss.com/profile/bush-associates)
- [Business Angel Seedfund](https://altss.com/profile/business-angel-seedfund)

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Last updated: 2026-06-03T20:00:00.000Z

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