Press

The Beautiful Foundation announced on the 23rd that it will jointly work with UDI Impact to nurture innovative entrepreneurs and public interest activists and implement customized support programs for vulnerable populations. The two organizations have signed a memorandum of understanding and plan to implement projects that strengthen the capacity of diverse social members, including single-parent families, women, youth, and small business owners, to support their self-reliance. They will also jointly operate various programs that cultivate entrepreneurs and activists through technology and education-based social innovation programs. The Beautiful Foundation and UDI Impact signed a memorandum of understanding for nurturing innovative entrepreneurs and public interest activists and providing customized support for vulnerable groups. [Photo: The Beautiful Foundation] - Kim Jung-heon (left), CEO of UDI Impact, and Kim Jin-a, Secretary General of the Beautiful Foundation. As the necessity and social interest in public interest activities grow, the Beautiful Foundation views this agreement as an opportunity to support field activists and non-profit organizations in solving social problems in a more professional and sustainable manner. The plan is to contribute to enhancing transparency and effectiveness of public interest projects by establishing a system for measuring social value and managing performance. Kim Jung-heon, CEO of UDI Impact, stated, "Collaboration with the Beautiful Foundation, which has continued to provide much-needed support to single-parent families, women, youth, and small business owners, is a very meaningful partnership for UDI Impact," and added, "With UDI Impact's ESG implementation solutions added to the foundation's public interest activities, I expect we will be able to create more sustainable and scalable social value." Kim Jin-a, Secretary General of the Beautiful Foundation, said, "This agreement will be a meaningful starting point in jointly nurturing talent to lead social change," and added, "We will continue to strengthen the foundation of public interest activities through cooperation with specialized organizations in various fields and work toward creating sustainable change."