“D.N.A. (Data. Network. AI) Joint Venture Type (JV 설립형) Membership”

: Open from 5/ 12 (Thu.) ~ 6/ 12 (Sun.) 23:59 (KST)   

 * Due dates and hours are fixed. Applications submitted after the deadline will not be considered for the review  

Overview    

  • Final Selection: 10 companies
  • Target companies: Startups with D.N.A. (Data, Network, AI) convergence technologies
  • Benefits - Program Overview

We support the formation, establishment & operations, and scale-up of binational joint ventures that will help selected members to save expenses/needed resources for localization of their product/service and overcome limitations in face-to-face activities amid the current pandemic.

▶ Support Discovering & Building Potential JV Partnerships: Online meetups, partnership curation service, preliminary consulting (global business, partnership, etc.)

▶ Support for JV Establishment & Operations: Business consulting (legal, patents, accounting, marketing, pr), PMF (Product-Market Fit) consulting, and other expenses (overseas travel, local working spaces - rents)

▶ Support for Business Development and Investment Attraction: Online IR event, open innovation programs in collaboration with Born2Global Centre partners (global corporates, venture capital firms, other investor firms, international organizations, etc.), and follow-up consulting

Selection Timeline

▶ Submission Deadline : 6/12 (Sun.) 23:59 PM (KST)

▶ 1st Announcement: 6/15 (Wed.)

▶ 2nd Evaluation: from 6/22 (Wed.) to  6/23 (Thu.)

▶ 2nd Announcement: 6/24 (Fri.)

Membership agreement signing (Born2Global Centre - Selected companies) **: ~ 6/30 (Thu.)

* Timeline above is subject to change

** Membership is valid from the date of signed agreement til Dec. 31, 2022

 How to Apply

A. Download the attached form

B. Submission: By e-mail (techjv@born2global.com)

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“D.N.A(Data. Network. AI) Joint Venture Type (JV 설립형) Membership”

: Open from 2/ 28 (Mon.) ~ 3/ 29(Tue.) 18:00 (KST)   

00DAYS
00HOURS
00MINUTES
00SECONDS

 * Due dates and hours are fixed. Applications submitted after the deadline will not be considered for the review  

Overview    

  • Final Selection : 15 companies (flexible)
  • Target companies: Startups with D.N.A (Data, Network, AI) convergence technologies
  • Benefits - Program Overview

We support the formation, establishment & operations, and scale-up of binational joint ventures that will help selected members to save expenses/needed resources for localization of their product/service and overcome limitations in face-to-face activities amid the current pandemic.

▶ Support Discovering & Building Potential JV Partnerships: Online meetups, partnership curation service, preliminary consulting (global business, partnership, etc.)

▶ Support for JV Establishment & Operations: Business consulting(legal, patents, accounting, marketing, pr), PMF(Product-Market Fit) consulting, and other expenses(overseas travel, local working spaces - rents)

▶ Support for Business Development and Investment Attraction: Online IR event, open innovation programs in collaboration with Born2Global Centre partners (global corporates, venture capital firms, other investor firms, international organizations, etc.), and follow-up consulting

Selection Timeline

▶ Submission Deadline : 3/29 Tue) 18:00 PM (KST)

▶ 1st Announcement: 4/1 (Fri.)

▶ 2nd Evaluation: from 4/12(Tue.) to  4/15(Fri.)

▶ 2nd Announcement: 4/18(Mon.)

Membership agreement signing (Born2Global Centre - Selected companies) **: from 4/19(Tue.) to 22(Fri.)

* Timeline above is subject to change

** Membership is valid from the date of signed agreement til Dec.31, 2022

 How to Apply

A. Download the attached form

B. Submission : By e-mail (techjv@born2global.com)


 

The focus of the “Korean New Deal”, announced by the government to ensure sustainable and impactful economic growth amid the pandemic, lies in the “Digital New Deal” in which AI algorithms are to be developed through AI/X projects currently underway for 5G and AI convergence and proliferation.

 

The Ministry of Science and ICT held a joint information session with related ministries for a national innovation “Digital New Deal” project to address the economical and societal implications of the COVID-19 pandemic. 

 

During the session, 23 projects were presented with an emphasis in the following major areas: D.N.A. (Data, Network, AI) ecosystem reinforcement, education infrastructure and contact-free industry, and SOC (social overhead capital) digitalization. 

 

In line with the national focus on developing deep tech industries and companies to prepare for post-COVID digital transformation, Born2Global Centre, in fulfilling the role of a global accelerator and incubator, continues to foster Joint Ventures (JVs) through tech-matching companies in Central and South America, the Middle East, the United States, Europe, and beyond, promoting collective research and development endeavors, and penetrating international markets through the wide range of services and programs offered. 

 

In 2020 alone at the height of the COVID-19 pandemic, Born2Global Centre has conducted over 1900 expert consultations, established 4 overseas corporations, forged 140 international partnerships and contracts, completed 96 overseas intellectual property applications, and achieved over 219 million USD worth of total domestic and international investments for the member startups.

 

As a focal center in current efforts to advance deep-tech innovative companies into the Latin American region, Born2Global Centre is working with 18 Latin American government affiliations - including Mexico, Argentina, Chile, Colombia, Peru, and Bolivia - in Korea, as well as accelerators in 20 major Latin American countries. 

 


 

Jongkap Kim, the Chief Executive Director of Bon2Global Center, noted that “the Latin American market, which was considered difficult to access due the physical distance, is now able to find a suitable local partner through this JV overseas expansion support.”

 

To date, Born2Global Centre has conducted six online meetups as part of the Deep Tech Exchange Program of the IDB Lab, which is the innovation laboratory of the Inter-American Development Bank Group. More contact-free meetups have been aligned, gradually to increase the number of global market pioneers, thereby continually supporting JV overseas expansion. 

 

 

 

 


 


IDB Lab and Born2Global Centre launch a new initiative for promoting deep tech exchange in IDB member countries by supporting the formation of partnership prototypes between startups in Latin America and the Caribbean and Korea.


 Learning from South Korea’s successful COVID-19 experience with deep tech startups, IDB Lab has partnered with Born2Global Centre, Korea’s global deep tech startup accelerator, to launch the LAC-Korea Deep Tech Exchange Program aimed at promoting global exchanges for LAC deep tech ecosystems to solve short-term (mitigation) and medium-term (economic recovery and reopening) challenges caused by COVID-19.



 In Korea, this new program was launched at the LAC-Korea Startup Joint Partnership Prototype Unpackedevent held on October 21st at Pangyo Startup Campus hosted by Born2Global Centre. Ambassadors and representatives from (18) Embassies of LAC countries in Korea were the primary offline guests to the event, while the IDB Lab and LAC ecosystem players as well as startups from Korea and LAC countries attended the event via online. The Unpacked event, which was also broadcast live online, provided an opportunity for Born2Global Centre and IDB Lab to showcase the key highlights of the program and discuss ways to get the ecosystem players involved for its successful launch and implementation. 




 Irene Arias Hofman, CEO of the IDB Lab, welcomed the event, mentioning that deep tech is a strategic area with high impact potential in the Latin America and the Caribbean, and that partnerships with ecosystems like Korea this will bring forward mutual inspirations and solutions to the region’s systemic problems.   




 According to the details of the program which was unveiled at the on/offline event, Born2Global Centre, in collaboration with IDB Lab and LAC ecosystem players, will source Korean and LAC companies with innovative solutions in key sectors including HealthTech, BioTech, AgTech, ClimateTech, IndustryTech, and EdTech. The deep tech companies will then go through a matchmaking process to discuss the possibility of forming joint partnership prototypes that may be in the forms of joint ventures, knowledge transfer, or other innovative collaboration pilots.


 The program aims to create 5-7 pairs of LAC-Korea deep tech joint partnerships which will be eligible to receive prototype financing from IDB Lab. In addition, to further promote the LAC deep tech ecosystem, the LAC ecosystem players that have sourced the selected startups will receive an acceleration fee. The successful joint partnerships will go through a period of joint R&DB supported by Born2Global Centre with the objective of expanding their markets within and outside the LAC region, and become leading innovators in deep tech.


 LAC deep tech ecosystem builders including accelerators, company builders, universities, and corporate venture hubs are invited to partner with IDB Lab and Born2Global Centre in this initiative. LAC deep tech entrepreneurs and startups interested in partnering with Korean startups and technologies can also reach out to the local LAC ecosystem builder or contact IDB Lab and Born2Global Center.




 Jongkap Kim, Chief Executive Director of Born2Global Centre, reaffirmed the timeliness and significance of this new collaborative effort by stating that “Born2Global Center, with the support of IDB Lab, will focus on making LAC-Korea Deep Tech Exchange Program the catalyst for promoting deep tech ecosystems in Korea and LAC countries and demonstrating to the global community that global collaboration and joint innovation can flourish despite the pandemic, helping nations cope with the challenges faced and prepare for the post-COVID digital transformation.





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