Participate in 4STEC, KIC China will hold an investment briefing sessi…
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Despite the THAAD (high altitude missile defense system), Korean startup companies and Chinese venture capital met to seek business investment cooperation.
The Global Innovation Center (KIC), an affiliate of the Ministry of Science, ICT, and Future Planning, hosted the "Second K-Demoday China" event at the Westin Hotel in Beijing on the 29th, inviting 50 Chinese local investors and explaining their investment.
In addition, Ko Young-hwa, head of the KIC China Center, signed an MOU with Swie, co-founder of Chuku Café, and decided to expand cooperation on innovative start-ups in addition to the joint operation of "KIC China Startup Space" opened at Chuku Café Incubation Center from February this year.
Korea's top 20 start-ups were selected as external experts among 10 institutions recommended by Incheon Creative Economy Innovation Center, Seoul Creative Economy Innovation Center, Gangwon Creative Economy Innovation Center, Gyeongbuk Institute of Creative Economy Innovation, NIPA, Korea Venture Investment (KVIC), Technology Guarantee Fund (PTEA), FinTech Support Center, and 9K Research.
Each company presented a business plan for four minutes and was asked one question. Vital Hint, Moneybrain, Neocique, E-Life Style, August 10, KTB Solution, Lima, Media Cast, Sonic Dutch Korea, 4STEC, LIBERTY, Pebble Cookie, Transfer Co., Core Movement, New GSTAC, Eugene Biotech, Persona, and Persona.
At the event, the five companies selected as the best companies according to the evaluation by the judges of about 10 Chinese investment companies will be given priority to move into the KIC China incubator. Start-ups that have not been selected can also receive support for K-Demoday follow-up investment attraction support services for the next three months.
KIC China is an institution under the Ministry of Science, ICT and Future Planning, and develops and provides pre-cycle sponsorship programs from the beginning to successful settlement to help its citizens enter China. KIC China was officially established in Beijing in June last year and opened a space for start-ups in February this year on Jung Kwan-chun in February this year.
Press Date: March 29, 2017