CSP, a community-focused venture studio in South Korea, has secured an undisclosed investment from MYSC to enhance its capabilities in fostering sustainable local businesses.

Target Information

CSP (Community Service Project) is a community-centric venture studio that focuses on addressing local issues through sustainable business solutions. Based in South Korea, CSP aims to enhance its operational capabilities through an undisclosed investment from the impact investment firm MYSC. The new funds will enable CSP to expand its multi-point strategy, targeting cities such as Jeonju, Jeju, Yangyang, Suwon, and Daejeon.

As a venture studio, CSP goes beyond one-off projects by directly building and managing business models based on local assets. The company recognizes the critical pain points in communities and seeks to create viable business solutions that foster sustainable growth. By transforming verified models into independent entities, CSP aims to influence local economies positively.

Industry Overview in South Korea

The landscape for community-based ventures in South Korea is evolving, as more organizations recognize the need for localized solutions to pressing societal challenges. With increasi