Born2Global Centre signed an MOU with the Abu Dhabi Investment Office (ADIO) on Aug. 25 to help innovative Korean technology startups make a foray in the Middle East, the agency announced on Aug. 30.
Affiliated with the Ministry of Science and ICT, Born2Global Centre is a full-cycle service platform for global expansion of Korean startups.
ADIO was established to support foreign innovation-powered technology companies in entering Abu Dhabi.
Under this agreement, the two organizations will set up a startup ecosystem, promote exchanges of innovative technologies, devise measures to help Korean companies advance into the Middle East by setting up joint ventures in Abu Dhabi, and provide various benefits for Korean companies to enter Abu Dhabi.
Through this agreement, Born2Global Centre aims to help innovative Korean technology startups expand their business in the Middle East market based on the United Arab Emirates.