On Tuesday, February 6, 2018, IFEZ announced its goals and tasks in celebration of its 15th anniversary. IFEZ stated that it would lay the groundwork for a major leap forward by attracting 120 additional global companies and creating the world’s best and largest bio-health cluster. It also explained that it would promote a convergence hub leading the Fourth Industrial Revolution and launch policies to foster outstanding local talent into global leaders through the creation of a scholarship fund worth KRW 5 billion (approximately USD 4.7 million).