< Best Asian Venture Investors and Korea’s Start-ups Meet Together >
- MSIP holds 「Global Investors Forum in Seoul」(Nov. 20)
- IR for 21 major investment companies and 40 startups from Singapore, Japan, China, Taiwan, etc.
□ The Ministry of Science, ICT and Future Planning (Minister Choi Yanghee) holds 「Global Investors Forum in Seoul」 at 10AM on Thursday, November 20 at “The Class Cheongdam”, located in Cheongdam-dong, Seoul, to gather excellent investor from Asian countries including Singapore, Japan, China, Taiwan, etc., to provide opportunities for investment promotion and networking for domestic startup companies that seek to venture into the global market.
□ This event, organized by Born2Global Startup Center,
① supports foreign investment promotion and global network establishment for Korean startup companies that seek to venture into the global market, but have limited opportunities to directly meet foreign investors.
② introduces excellent Korean startups and provides new business opportunities for foreign investors who have strong will to invest in Korean startups.
□ 14 local investment companies from Asian countries including Singapore, Japan, China, Taiwan, etc. and 21 foreign investment companies including 7 American and Japanese venture capital companies located in Korea will gather to focus their attention on Korea’s startup companies.
o In particular, Korean startup companies are looking forward to meeting numerous prestigious investment companies that will be participating. Participating companies include, ▲Japan’s “DeNA”, which became famous for being the strategic investor to “VCNC” that developed couples’ SNS “Between” ▲Japan’s “Rakuten Group” which acquired “Viki” at approximately 200 billion KRW ▲Japan’s “Global Brain” which boasts investment experience to Korea’s promising venture companies such as “5rocks” ▲Singapore’s major accelerator “JFDI” ▲“Media Corp”, Singapore’s biggest media group strategic investor ▲One of China’s major venture capitals “Gobi Partners” ▲Taiwan’s large-scale venture capital “EMO”.
□ 44 companies previously chosen by Born2Global Startup Center will provide detailed presentation on investment promotion for 10 minutes, including Q&A session to foreign investment companies, based on their presentation materials.
o Also, companies among participating startups that hope to have the opportunity to give 3-minute-long compact presentations will be given the change so that the event maximizes interaction between foreign investment companies and Korean startups.
□ Furthermore, there will be additional events including seminars tailored to each nations’ market and strategies to enter the markets where respresentatives from foreign investment companies such as “Global Brain (Japan)” and “The Co-Foundry (Singapore)”, and events that guide strategies for entry to the global market and the trends of startup market such as “B2G Tech Talk” with Google.
□ MSIP remarked “this even was prepared to accelerate Korean startups’ entry into the global market based on the global network that was established through the support program for startups to enter the global market for a year by the Ministry of Science, ICT and Future Planning”
o and added, “the MSIP is planning on continuing the efforts to expand these kinds of opportunities at home and abroad to let Korea’s promising startups to meet directly with major foreign investment companies.”