Busan is good

Busan Selects 24 ESG-Leading Startups to Spearhead Sustainable Growth

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The Busan Metropolitan City (Mayor Park Heong-joon) announced that it has selected 24 startups—21 newly certified and 3 scale-up companies—as ESG-leading startups in 2025, and will hold a certification ceremony at 11:00 AM on June 19 at the Westin Josun Hotel in Haeundae.

The event will be attended by about 60 participants, including representatives from the city, Busan Startup Investment Agency, affiliated organizations, and selected companies.

This certification ceremony is part of the Busan ESG Venture/Startup Leading Enterprise Support Program, jointly operated by the City and Busan Startup Investment Agency to promote the practice of ESG management and sustainable innovation among local startups.

Startups based in Busan and founded within the last 7 years in ESG-related fields were evaluated on their technology, business potential, growth capacity, and ability to create social value. Selected companies will receive support through business development funding, financial services, and customized growth programs organized by a multi-agency ESG support council.

The ESG support council, comprising 25 organizations from the public, private, and academic sectors, focuses on enhancing ESG capacities of certified companies and building a foundation for sustainable growth.

This year’s certification ceremony also includes specialized ESG education sessions aimed at enhancing participants’ understanding and practical competencies in ESG.

First, certificates will be awarded to the 21 newly selected companies. Then, a lecture on ESG startups will be delivered by Lee Hyung-min, CEO of 2E Investment, presenting real-life investment cases. Lastly, a networking session between participating organizations and companies will be held to foster cooperation and identify growth opportunities.

The 21 newly certified startups include:

• ●Daeweon Construction Co., Ltd.

• ●Urban Farmer Agricultural Corp.

• ●Lynxup Co., Ltd.

• ●Welfare Plan Co., Ltd.

• ●VMS Holdings Co., Ltd.

• ●SERA Co., Ltd.

• ●Slash B Slash Co., Ltd.

• ●SEAZ Co., Ltd.

• ●COSP Co., Ltd.

• ●ARMIST Co., Ltd.

• ●Underwater Solution Co., Ltd.

• ●NGlobal

• ●Eldoo Factory

• ●Younglong Co., Ltd.

• ●Universal Marine Tech Co., Ltd.

• ●EES Co., Ltd.

• ●EZME Co., Ltd.

• ●JimCarry Co., Ltd.

• ●Parang Co., Ltd.

• ●Food Travel Co., Ltd.

• ●Korea LFP Co., Ltd.

These companies were selected through an ESG capability assessment and expert review. Each will receive KRW 7 million in business development funding and tailored support programs.

Meanwhile, three companies were designated as scale-up ESG enterprises for their outstanding performance and preparations for global market expansion. These include:

• ●Ready Robust Machine Co., Ltd. (carbon reduction via smart energy recovery system)

• ●Not-So-Tough Guys Co., Ltd. (sustainable modular convention booths and carbon impact reporting tools)

• ●SOMUNA Co., Ltd. (non-idling cold chain system for emissions reduction)

These companies will each receive KRW 8 million in funding this year to further boost their ESG innovation capabilities and international competitiveness.

Lee Joon-seung, Vice Mayor for Administrative Affairs of Busan, stated:

“Busan will continue to serve as a proactive growth partner for ESG-driven startups. We hope this ESG certification becomes a stepping stone for Busan-based startups to secure a competitive edge in the global shift toward sustainable, low-carbon economies.”

He added:

“We will continue to discover and systematically nurture innovative companies that practice ESG, striving to realize Busan as a global startup hub.”