Born2Global Centre has teamed up with Innpulsa Colombia and ProColombia, the business growth management unit and the international tourism/foreign direct investment/non-traditional exports branch of the Colombian national government, respectively, to jointly discuss Korea and Colombia’s entrepreneurship and innovation ecosystems. 

 

On August 18, the two global organizations held a webinar to share knowledge of the startup and innovation ecosystems of both countries, establishing strategies for Korean startups to enter the Colombian market. 

 

A total of about 50 participants, including startup-related organizations, startups, and venture capitals from Korea and Colombia have engaged in the session with Born2Global Centre’s Jongkap Kim, the Chief Executive Director, as a panelist on the global startup ecosystem and Sokjin Chang, the Director of International Cooperation, as a presenter on the current status of Korea´s startup ecosystem and the multiple support programs that the Centre is operating to support Korean deep-tech startups’ global expansion.

 

Alfredo Ramos, the Director of ProColombia Korea, made the opening remarks, followed by Juan Carlos Caiza, the Ambassador of Colombia in South Korea, providing the congratulatory speech. Francisco J. Noguera, the CEO of Innpulsa Colombia, presented on the Colombian startup ecosystem, as well as the startup support programs available at Innpulsa Colombia. 

 

Next was a session by João Leite, the CEO of Advance, to explain the importance of the Korean-Colombian joint partnership, as evidenced through his case study presentation. 

 

Then, a panel discussion ensued, featuring the three powerhouses Mr. Kim, Mr. Caiza, and Mr. Noguera on the implications for a Korean and Colombian startup ecosystem and an optimistic outlook on future collaborative efforts to further strengthen the two countries’ bonds.

 


 

 



2021 Korea-LAC Digital Cooperation Forum

Minister of Foreign Affairs Chung Eui-yong on March 17 delivers a keynote speech at the Korea-LAC (Latin America and the Caribbean) Digital Cooperation Forum held at Lotte Hotel Seoul.


By Yoon Sojung
Photos = Jeon Han
Seoul | March 17, 2021


An international forum in Seoul has proposed bolstering digital cooperation between Korea and Central and South American countries.


The 2021 Korea-LAC (Latin America and the Caribbean) Digital Cooperation Forum, held from March 17-18 at Lotte Hotel Seoul, was jointly hosted by the Korean Ministry of Foreign Affairs and the Ministry of Science and ICT.


Under the theme "Partnership toward Digital Innovation and Inclusiveness," the forum was attended by eight high profile officials, including ministers and vice ministers, from five Latin American countries: Costa Rica, Guatemala, Brazil, Colombia and Honduras. Experts and other high-ranking officers in digitalization from the region also took part via videoconferencing.


The forum discussed cooperation in areas such as 5G networks, digital government, cyber security, smart city and smart farms. Participants called Korea the best partner to work with in such collaboration.


The forum was the first high-level international gathering in the digital sector since Seoul announced the Korean New Deal last year.


At the forum's opening ceremony, Minister of Foreign Affairs Chung Eui-yong said, "Korea and Latin America are creating a new cooperation paradigm centered on the Fourth Industrial Revolution, 5G, digital government and artificial intelligence."

"We wish to pursue win-win cooperation though Korea's Digital New Deal policy and the digital transformation policy of Latin American countries. Our government also wants to share its pursued values of innovation and inclusiveness with other Latin American nations."


Minister Chung added that the Korean government will send a public-private delegation on e-government and information and communications technology to search for opportunities in customized cooperation projects with Latin America and share Korea's experience and benchmarks in digital transformation to narrow the digital divide.


Minister of Science and ICT Choi Kiyoung also introduced the Digital New Deal, one of the two pillars of the Korean New Deal. "Through the Digital New Deal, Korea is focusing on strengthening the digital ecosystem's DNA and boosting national competitiveness by building early a non-contact system in major sectors like education and social overhead capital."


"Through this forum, Korea will bolster solidarity with its Latin American partners,” he said. "Based on our win-win experiences, let us seek higher-level cooperation measures to effectively respond to the Fourth Industrial Revolution."


Costa Rican Minister of Foreign Affairs and Worship Rodolfo Solano Quiros said, "Korea is a world leader and a model country in digitalization of the economy and public service."

"Strengthened cooperation between Korea and Latin America will help narrow the global economic divide and the service gap in technology, medicine, and health and medical services among countries."


"Costa Rica hopes to follow Korea's example by narrowing the digital divide through policies such as building infrastructure for information and communications," he added. "By bolstering digitalization capability, we can overcome the waves of the Fourth Industrial Revolution and COVID-19 and recover."


In the forum's first session, "KOR-LAC Cooperation on Digital Transformation for Building Back Better and Preparing for the Future," Minister Solano said, "Latin American countries are effectively overcoming difficulties in the process of digital development by sharing their digital experiences with Korea."


In the same session, Colombian Vice Minister of Creativity and Orange Economy Adriana Padilla Leal introduced her country's "orange economy" (cultural and creative goods and services) initiative to overcome the pandemic and boost the country’s digital competitiveness.

Mentioning the four Oscars won last year by the Korean film "Parasite" as a benchmark, she said, "The orange economy focuses on promoting culture and creativity, helps artists and creators realize their various ideas, and extends the development of human resources and technology."

“We wish to cooperate with Korea in creative content sectors like film through diverse ways such as corporate joint ventures and signing an agreement in creative technology for digital transformation."


Participants on the forum's second day on March 18 discussed cooperation in cyber security, smart city and smart farms.

Livestreaming of the forum is available on the website k-lacdcf.or.kr.


2021 Korea-LAC Digital Cooperation Forum

Minister of Science and ICT Choi Kiyoung on March 17 introduces Korea's Digital New Deal at the opening ceremony of the Korea-LAC Digital Cooperation Forum held at Lotte Hotel Seoul.


2021 Korea-LAC Digital Cooperation Forum

Costa Rican Minister of Foreign Affairs and Worship Rodolfo Solano Quiros on March 17 stresses the importance of digital cooperation between Korea and Latin America at the opening ceremony of the Korea-LAC Digital Cooperation Forum held at Lotte Hotel Seoul.


2021 Korea-LAC Digital Cooperation Forum

Colombian Vice Minister of Creativity and Orange Economy Adriana Padilla Leal on March 17 urges bilateral digital cooperation with Korea during the first session of the Korea-LAC Digital Cooperation Forum at Lotte Hotel Seoul.



arete@korea.kr

 




Since 2017, Born2Global Center has been in continuous discussions with the Inter-American Development Bank (IDB) towards a bilateral Korea-LAC support of startups and in October of 2019 held the first Korea-LAC Startup Pitch Day and one-on-one partnership meetings between the two countries.

 

In the midst of the COVID-19 pandemic in 2020, Born2Global Centre has consistently hosted online meetings, meetups, and pitch competitions that further promoted bilateral collaborations and development.

 

 

These sustained IDB and joint venture endeavors have resulted in the first Joint Venture partnership to be announced in April.


 

 


Born2Global Centre has been hosting a series of LAC-Korea startup online meet-ups as part of the Deep Tech Exchange Program of the IDB Lab to continuously engage Latin American and Caribbean countries for potential partnership opportunities.

Through this initiative, Born2Global Centre provides the platform for respective startups from each country to meet potential partners in expansion of their businesses with the professional support and accompaniment of fundamental consultations and services.

So far, already four countries - Argentina, Colombia, Mexico and Bolivia - have partaken in this virtual series, as Born2Global Centre continues to organize these meet-ups with partner organizations to identify and match startups based on respective needs. 

 

In the Mexico-Korea session, there were six Mexican startups and three Korean startups from Agtech, Edtech, AI, and Big Data sectors participating in the round table discussions, jointly hosted with Centraal and Seedstars, two renowned accelerators in the region. For the Bolivia-Korea session, there were four Bolivian startups and four Korean startups from Education, AI, Construction, Mobility and Big Data sectors discussing potential innovative joint solutions, hosted alongside the Asociación de Emprendedores de Bolivia (ASEB).

 

Six more countries are scheduled in the lineup throughout March and April, and after the meet-ups will be the LAC-Korea Partnership Prototype Pitch Challenge, Startup Global Forum, and Partnership Prototype Symposium as a follow-up methodology by Born2Global Centre to ensure successful forging of partnerships for positive social impact to the LATAM region.


 

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