If 2020 has taught us anything, it is to expect the unexpected. Through the COVID-19 pandemic, Born2Global Centre has managed to launch PMF (Product-Market-Fit), and Boot-X programs for globalization of deep tech startups, create partnerships with multilateral development banks to boost entrepreneurship in developing countries, and forge joint ventures amongst Korean and international startups for global expansion.
What’s next? With these milestones under our belts, we take a look at the interview with Korea’s People Magazine done by Born2Global Centre’s Chief Executive Director JongKap Kim to see what promising plans are ahead for this new year.
Born2Global Centre will spearhead the expansion of technological adaptations by taking the lead in linking outstanding domestic technology with international organizations. As the main government agency under the Ministry of Science and ICT that supports deep tech startups, we actively drive growth into the global market. During these prolonged pandemic times, Korean companies are going virtual, and Born2Global Centre will work tirelessly to ease the transition towards usage and accessibility of such platforms.
As the head of the organization since 2015, JongKap Kim brings his 20+ years of international experience as a seasoned entrepreneur and advisor into globalizing innovative Korean technology. To this end, Born2Global Centre will further expand our work with international organizations, such as the Inter-American Development Bank (IDB), World Bank, and Green Climate Fund (GCF) in addition to creating new collaborations with the Asian Development Bank (ADB) and African Development Bank (AfDB), among others, to lay the foundation for a solid tech network, stretching over 5 Oceans and 6 continents.
Born2Global Centre will be conducting our annual member startup recruitment process in Q1 of 2021 and look forward to meeting more viable startups, who will upon selection be provided with full support for global business readiness. We will focus on meticulously choosing and promoting our member startups, so as to establish Born2Global Centre as the trusted source for cultivation of globally-competent companies. Through Product-Market Fit (PMF) consultations, we verify and develop products based on local market demands in the United States, China, Europe, Southeast Asia, Middle East, Japan, Latin America, and more. Additional support ranges from legal and patent advice to accounting and marketing services.
Furthermore, we are currently working on establishing Design Labs and accompanying Lab-to-Market programs that link startups to essential technologies stemming from universities and research institutes, such as the Seoul National University Siheung Campus and KAIST. Moreover, we are building a new platform upon which various tech affiliates can be matched with our global partners and overseas projects to achieve continuous commercialization even - or especially - under these remote circumstances of the pandemic.
In essence, Born2Global Centre will resolve to achieve a two-way cooperative international partnership model in creating the best practice for new win-win advancements through joint ventures in global innovation.