Get access to Hottest Korean Startups in Europe.

Joint demo days hosted with major local partners, including The Place Berlin and WeWork Warsaw

 

Korean startups are picking up the pace in pursuing their goal of entering the European market. The Born2Global Centre, which supports promising companies in their efforts to debut on the global market, will be working together with KIC-Europe to host a demo day event "Korean Startups Landing Pad in Europe 2019" in Germany and Poland.

The first demo day will be held on May 28 in Germany in cooperation with The Place Berlin, a local partner and accelerator, and the second joint demo day will be held on May 30 with WeWork Warsaw. In Poland, Korean startups will participate in WeWork Warsaw's "Pitching Battle," giving Korean companies an opportunity to literally share a stage with local startups.

Schedules and venues are listed below:

  • GermanyMay 28, 2019, 16:00 – 20:00, The Place Berlin (Charlottenstrasse 2, 10969 Berlin)
  • PolandMay 30, 2019, 17:00 – 20:00, WeWork Warsaw (Krucza 50, 00-022 Warsaw)

To introduce European consumers to talented Korean startups that rarely get any exposure in Europe, the Born2Global Centre and KIC-Europe have invited major local angel investors, strategic financial investors, and business partners to both demo days. Thirteen German companies, including e.ventures, Earlybird Venture Capital, and Signal Iduna, and eight Polish companies, including mAccelerator.vc, Polkomtel, and nuChapter, have been invited.

There will also be an opportunity for participants to share and compare their insights on the startup ecosystem of Korea and Europe and discuss strategies for attracting investment. A one-on-one meeting will be available for business negotiations as well.


 

The five participating Korean startups are: WELT (smart belt), EXOSYSTEMS (wearable rehabilitation solution), EDENLUX (IoT-based eyesight recovery wearable device), Double H (diet-related smart healthcare wearable device), and MOIN (blockchain-based global wire transfer solution).

"We hope that no one misses out on this opportunity to learn about the capable Korean startups that are active around the world. The demo day in both countries will allow visitors to directly experience Korea's technologies and judge whether they wish to collaborate with Korean startups in the future," said Jong-kap Kim, Chief Executive Director of Born2Global. Kim added, "If you are interested in the outstanding technologies of Korean startups, this is your best chance to see them."

Further information about Korean Startups Landing Pad in Europe 2019 is available on the Born2Global Centre website www.born2global.com and official social media www.facebook.com/born2global, www.linkedin.com/company/born2global.

 


Korea's most exciting startups will make their debut at IFA 2017 in Germany.

The K-ICT Born2Global Centre, a major Korean government agency, announced that some of its member companies will be participating in IFA 2017, the world's leading trade show for consumer electronics and home appliances, scheduled to take place in Berlin from September 1 to 6, 2017.

The participating companies will include Innomdle Lab, Bagel Labs and MINDs Lab, of which Innomdle Lab and Bagel Labs will be going at the invitation of the IFA organizer. The exhibitions for IFA NEXT will be set up in Hall 26a, with the booth of Innomdle Lab in space No. 209, the booth of Bagel Labs in No. 130, and the booth of MINDs Lab in No.104b.

Introduced by the IFA just this year, IFA NEXT is a new space for startups, R&D institutes, and global innovation leaders.

Innomdle Lab is the first spin-off of C-Lab, a startup business program of Samsung Electronics. Innomdle Lab's Sgnl is a new type of smart strap that allows users to talk on the phone simply by placing a fingertip to their ears. Sgnl can be used not only with smartwatches (including the Samsung Gear and Apple Watch) but with any regular watches as well. As Sgnl transmits sound using the human body as a medium, users can take calls without worrying about people nearby overhearing their conversations. 

Users simply place a fingertip to their ears to listen to the person speaking on the other end and speak into a microphone embedded in the smartwatch strap. Connected to the user's smartphone via Bluetooth, the device activates automatically upon receiving or making a call, requiring complicated settings. The mobile application that comes with it allows users to set call reminders and track their steps using the built-in pedometer.


After being selected as one of the top 10 wearables at CES 2016, Sgnl successfully raised USD 2.1 million in funding through the Kickstarter and Indiegogo crowdfunding platforms.

At IFA 2017, Innomdle Lab will introduce Sgnl S, a model designed for price-conscious customers, along with a more premium product which enables users to take phone calls through their fingertips. The product can now be pre-ordered on the Indiegogo website.

 

 

 


 

 

Our member in this article

 

Description

Touch Your Sound

        

 

 

 

CES 2017 has drawn to a close, showcasing innovations that will set the tone 

in the consumer electronics industry for the rest of the year.  

Living up to expectation as the place to check what’s the next big thing in technology, 

industry big players like Samsung, Nvidia, Xiaomi, LG, Sony, and Amazon unveiled latest consumer electronics, 

everything from IoT and VR gadgets to big TVs and autonomous vehicles.

Over the past few years, the show has seen a shift from mostly big technology companies showcasing 

new product lineups to smaller startups utilizing the show as a launchpad for their new products. 

This year, there were several Korean startups that really impressed the audience at the show.

 

Neofect: Rapael Smart Glove

Screen-Shot-2017-01-18-at-6.07.49-PM

Neofect was named a CES 2017 Innovation Awards Honoree for their flagship product, Rapael Smart Glove. 

Rapael Smart Glove is a physical rehabilitation product with gamification elements 

and user-friendly interface to keep patients motivated and eager to accelerate their recovery. 

Its immersive training games automatically adjust the difficulty levels based on patient’s physical motion 

and goals to optimize challenge and motivation. 

The system tracks the progress data and generates rehabilitation reports.

Rapael Smart Glove was proven to be more effective than conventional rehabilitation therapy 

in the journal NeuroEngineering and Rehabilitation. Patients can rent Rapael Smart Glove for $99 per month, 

or the device can be purchased by institutions for $15,000. 

Neofect was founded in 2010 and has offices in Seoul, San Francisco and Munich.

 

MANGOSLAB: Nemonic

Screen-Shot-2017-01-18-at-6.07.29-PM

MANGOSLAB was named a CES 2017 Innovation Awards Honoree in computer accessories category 

and the Top 5 Cool Gadgets at CES 2017 by ASI (Advertising Specialty Institute). 

Nemonic is an inkless printer wirelessly paired with its note-taking application. 

Users can organize typed or finger-drawn notes within the note-taking application 

and print out adhesive notes for the upcoming meetings in less than five seconds. 

Nemonic utilizes thermal printing technology and its note papers cost about as much as the conventional sticky notes. 

The printer itself is priced around $100. 

MANGOSLAB is a 2016 spinoff from Samsung’s C-lab, a corporate startup incubator.

 

InnomdleLab: Sgnl

page

Innomdle Lab showcased its flagship product Sgnl at CES 2017. 

Sgnl is a smart watch band that transmits audio through your hand to take calls by placing your finger on ear. 

It has a body conduction unit (BCU) that generates vibration which can travel through your hand and into your ear. 

It also amplifies the wavelengths of the voice to transmit signals effectively. 

Sgnl can be installed on any smart or mechanical watches with regular lugs. 

Innomdle Lab is also a spinoff from Samsung’s C-lab in 2015. 

Since then, they have raised $1,820,179 USD (2938% of the pledged goal) on Indiegogo 

and  $1,469,202 (2938% of the pledged goal) on Kickstarter.

 

Salted Venture: IoFit

sssss

Salted Venture’s smart golf shoes, Iofit, was named a CES 2017 Innovation Awards Honoree 

in the wearable technology category. 

Through a pressure sensor embedded in its sole, 

Iofit provides a real-time feedback on the player’s center of gravity 

and swing balance data like address, impact point, and backswing position.

All data is accessible through a self-developed mobile application. 

Players are able to share this data with their coach or compare side by side with data from professional golfers. 

Iofit Pro shoes is currently priced at $359. Salted Venture is also a spinoff from Samsung’s C-lab in 2015. 

Since then, they have raised $102,581 USD (300% of the pledged goal) on Kickstarter.

 

Allb

Screen-Shot-2017-01-18-at-6.08.17-PM

The new IoT infant wearable device startup, Allb, showcased its infant monitoring system at CES 2017. 

Utilizing emerging IoT technologies, it was originally made to prevent SIDS by monitoring abdominal breathing, 

sleep patterns, skin temperature, and sleeping position. Upon recognizing an issue through the monitoring, 

it will alert the family members. All data is accessible through a mobile app with customized childcare insight 

and can be easily shared with multiple family members or doctors. 

Allb is currently priced at $159. 

Allb has also raised over $30,000 USD on Kickstarter in 2015.

 

http://platum.kr/archives/75312

 

CES 2017 has drawn to a close, showcasing innovations that will set the tone 

in the consumer electronics industry for the rest of the year.  

Living up to expectation as the place to check what’s the next big thing in technology, 

industry big players like Samsung, Nvidia, Xiaomi, LG, Sony, and Amazon unveiled latest consumer electronics, 

everything from IoT and VR gadgets to big TVs and autonomous vehicles.

Over the past few years, the show has seen a shift from mostly big technology companies showcasing 

new product lineups to smaller startups utilizing the show as a launchpad for their new products. 

This year, there were several Korean startups that really impressed the audience at the show.

 

Neofect: Rapael Smart Glove

Screen-Shot-2017-01-18-at-6.07.49-PM

Neofect was named a CES 2017 Innovation Awards Honoree for their flagship product, Rapael Smart Glove. 

Rapael Smart Glove is a physical rehabilitation product with gamification elements 

and user-friendly interface to keep patients motivated and eager to accelerate their recovery. 

Its immersive training games automatically adjust the difficulty levels based on patient’s physical motion 

and goals to optimize challenge and motivation. 

The system tracks the progress data and generates rehabilitation reports.

Rapael Smart Glove was proven to be more effective than conventional rehabilitation therapy 

in the journal NeuroEngineering and Rehabilitation. Patients can rent Rapael Smart Glove for $99 per month, 

or the device can be purchased by institutions for $15,000. 

Neofect was founded in 2010 and has offices in Seoul, San Francisco and Munich.

 

MANGOSLAB: Nemonic

Screen-Shot-2017-01-18-at-6.07.29-PM

MANGOSLAB was named a CES 2017 Innovation Awards Honoree in computer accessories category 

and the Top 5 Cool Gadgets at CES 2017 by ASI (Advertising Specialty Institute). 

Nemonic is an inkless printer wirelessly paired with its note-taking application. 

Users can organize typed or finger-drawn notes within the note-taking application 

and print out adhesive notes for the upcoming meetings in less than five seconds. 

Nemonic utilizes thermal printing technology and its note papers cost about as much as the conventional sticky notes. 

The printer itself is priced around $100. 

MANGOSLAB is a 2016 spinoff from Samsung’s C-lab, a corporate startup incubator.

 

InnomdleLab: Sgnl

page

Innomdle Lab showcased its flagship product Sgnl at CES 2017. 

Sgnl is a smart watch band that transmits audio through your hand to take calls by placing your finger on ear. 

It has a body conduction unit (BCU) that generates vibration which can travel through your hand and into your ear. 

It also amplifies the wavelengths of the voice to transmit signals effectively. 

Sgnl can be installed on any smart or mechanical watches with regular lugs. 

Innomdle Lab is also a spinoff from Samsung’s C-lab in 2015. 

Since then, they have raised $1,820,179 USD (2938% of the pledged goal) on Indiegogo 

and  $1,469,202 (2938% of the pledged goal) on Kickstarter.

 

Salted Venture: IoFit

sssss

Salted Venture’s smart golf shoes, Iofit, was named a CES 2017 Innovation Awards Honoree 

in the wearable technology category. 

Through a pressure sensor embedded in its sole, 

Iofit provides a real-time feedback on the player’s center of gravity 

and swing balance data like address, impact point, and backswing position.

All data is accessible through a self-developed mobile application. 

Players are able to share this data with their coach or compare side by side with data from professional golfers. 

Iofit Pro shoes is currently priced at $359. Salted Venture is also a spinoff from Samsung’s C-lab in 2015. 

Since then, they have raised $102,581 USD (300% of the pledged goal) on Kickstarter.

 

Allb

Screen-Shot-2017-01-18-at-6.08.17-PM

The new IoT infant wearable device startup, Allb, showcased its infant monitoring system at CES 2017. 

Utilizing emerging IoT technologies, it was originally made to prevent SIDS by monitoring abdominal breathing, 

sleep patterns, skin temperature, and sleeping position. Upon recognizing an issue through the monitoring, 

it will alert the family members. All data is accessible through a mobile app with customized childcare insight 

and can be easily shared with multiple family members or doctors. 

Allb is currently priced at $159. 

Allb has also raised over $30,000 USD on Kickstarter in 2015.

 

http://platum.kr/archives/75312

 

CES 2017 has drawn to a close, showcasing innovations that will set the tone 

in the consumer electronics industry for the rest of the year.  

Living up to expectation as the place to check what’s the next big thing in technology, 

industry big players like Samsung, Nvidia, Xiaomi, LG, Sony, and Amazon unveiled latest consumer electronics, 

everything from IoT and VR gadgets to big TVs and autonomous vehicles.

Over the past few years, the show has seen a shift from mostly big technology companies showcasing 

new product lineups to smaller startups utilizing the show as a launchpad for their new products. 

This year, there were several Korean startups that really impressed the audience at the show.

 

Neofect: Rapael Smart Glove

Screen-Shot-2017-01-18-at-6.07.49-PM

Neofect was named a CES 2017 Innovation Awards Honoree for their flagship product, Rapael Smart Glove. 

Rapael Smart Glove is a physical rehabilitation product with gamification elements 

and user-friendly interface to keep patients motivated and eager to accelerate their recovery. 

Its immersive training games automatically adjust the difficulty levels based on patient’s physical motion 

and goals to optimize challenge and motivation. 

The system tracks the progress data and generates rehabilitation reports.

Rapael Smart Glove was proven to be more effective than conventional rehabilitation therapy 

in the journal NeuroEngineering and Rehabilitation. Patients can rent Rapael Smart Glove for $99 per month, 

or the device can be purchased by institutions for $15,000. 

Neofect was founded in 2010 and has offices in Seoul, San Francisco and Munich.

 

MANGOSLAB: Nemonic

Screen-Shot-2017-01-18-at-6.07.29-PM

MANGOSLAB was named a CES 2017 Innovation Awards Honoree in computer accessories category 

and the Top 5 Cool Gadgets at CES 2017 by ASI (Advertising Specialty Institute). 

Nemonic is an inkless printer wirelessly paired with its note-taking application. 

Users can organize typed or finger-drawn notes within the note-taking application 

and print out adhesive notes for the upcoming meetings in less than five seconds. 

Nemonic utilizes thermal printing technology and its note papers cost about as much as the conventional sticky notes. 

The printer itself is priced around $100. 

MANGOSLAB is a 2016 spinoff from Samsung’s C-lab, a corporate startup incubator.

 

InnomdleLab: Sgnl

page

Innomdle Lab showcased its flagship product Sgnl at CES 2017. 

Sgnl is a smart watch band that transmits audio through your hand to take calls by placing your finger on ear. 

It has a body conduction unit (BCU) that generates vibration which can travel through your hand and into your ear. 

It also amplifies the wavelengths of the voice to transmit signals effectively. 

Sgnl can be installed on any smart or mechanical watches with regular lugs. 

Innomdle Lab is also a spinoff from Samsung’s C-lab in 2015. 

Since then, they have raised $1,820,179 USD (2938% of the pledged goal) on Indiegogo 

and  $1,469,202 (2938% of the pledged goal) on Kickstarter.

 

Salted Venture: IoFit

sssss

Salted Venture’s smart golf shoes, Iofit, was named a CES 2017 Innovation Awards Honoree 

in the wearable technology category. 

Through a pressure sensor embedded in its sole, 

Iofit provides a real-time feedback on the player’s center of gravity 

and swing balance data like address, impact point, and backswing position.

All data is accessible through a self-developed mobile application. 

Players are able to share this data with their coach or compare side by side with data from professional golfers. 

Iofit Pro shoes is currently priced at $359. Salted Venture is also a spinoff from Samsung’s C-lab in 2015. 

Since then, they have raised $102,581 USD (300% of the pledged goal) on Kickstarter.

 

Allb

Screen-Shot-2017-01-18-at-6.08.17-PM

The new IoT infant wearable device startup, Allb, showcased its infant monitoring system at CES 2017. 

Utilizing emerging IoT technologies, it was originally made to prevent SIDS by monitoring abdominal breathing, 

sleep patterns, skin temperature, and sleeping position. Upon recognizing an issue through the monitoring, 

it will alert the family members. All data is accessible through a mobile app with customized childcare insight 

and can be easily shared with multiple family members or doctors. 

Allb is currently priced at $159. 

Allb has also raised over $30,000 USD on Kickstarter in 2015.

 

http://platum.kr/archives/75312

 

Dr. Kim Jong-gap, who has helped South Korean small and

medium-sized enterprises (SMEs) and venture firms make inroads

into global markets in the Silicon Valley for the past 20 years, was appointed as

the head of the K-ICT Born2Global Center in September last year.

His past career includes a director of the iPark Silicon Valley

under the former Ministry of Information & Communication that

assisted in the business of South Korean venture firms and SMEs in the United States,

the head of the Electronics & Telecommunications Research Institute (ETRI) USA R&D Center and

a representative director of Macrovia Partners, a startup incubator located in the Silicon Valley.

He has helped no less than 500 South Korean venture firms to expand their business abroad so far.

“What matters the most for the overseas business of South Korean venture firms and

SMEs to become successful is to think in the local way as well as the acquisition of local languages and

cultures,” he stressed based on his own experience, adding, “Then, they will be able to develop and

provide services that suit the needs of local customers, and also important is to have a good grip

on market demands.”

With regard to the name of the Born2Global Center, which is pretty distinctive, he said that

the name is to aim for the concept of born global, that is, targeting global markets from the get-go

instead of penetrating overseas markets after growing in the domestic market.

“Another implication of the name is to turn South Korea into the center of the global market,”

he mentioned.

 

 

 

Enterprise diagnosis reports are one of the parts the K-ICT Born2Global Center is

currently concentrating on the most in order to assist in the overseas expansion of

promising startups. The reports are to analyze startups in terms of legal, patent,

accounting, technological strength, marketability, MRD aspects and so on

in determining which to help. Expert groups consisting of lawyers, patent attorneys,

accountants and the like check details of consulting for each startup and

manage the content, schedule and progress of their assistance.

The K-ICT Born2Global Center has brought in a new program

by the name of Go-to-Market Roadshow, too. The purpose of the program is

to organize one-on-one business meetings between startups and local investors and

accelerators reflecting IR demands on an ongoing basis.

In other words, it is an intensive support for an occasion comparable to demo day events.

The head of the K-ICT Born2Global Center also explained that

it started public relations (PR) services this year and will provide

the around-the-clock services based on an increasing level of foreign media exposure.

“South Korean startups’ performance was relatively poorer than those of their

U.S., Chinese and Singaporean counterparts at the Global Startup Conference 2016 Spring

recently held at the COEX Convention Center and this was because of the lack of PR,”

he continued to say, “Their advanced and excellent technological and service models were

underestimated and failed to be publicized to a sufficient extent

as the South Korean startups could not blend in due to the lack of their linguistic and

cultural capabilities and this is why we are trying to help them in PR and networking

by means of our public relations services.”

According to him, the competitive edge of the Silicon Valley, which is a role model

for a large number of startups in South Korea, lies in its robust ecosystem above anything else.

“Wide spaces are open and abundant funds are available for startups there and

more than 90 unicorns are continuing to enrich the ecosystem

while boosting a virtuous cycle,” he explained, continuing,

“I believe that such a virtuous cycle should be created in South Korea as well,

led by firms successfully growing based on collaborations, and the presence of 10 or

so unicorns in the country will be enough for the venture and startup ecosystem of

South Korea to become mature to the point of many other countries trying

to take a leaf from it in the near future.”




http://www.businesskorea.co.kr/english/news/smestartups/14825-be-born-global-k-ict-born2global-center-enhance-promotion-korean-startups



<div id="dext_body" spellcheck="false"><h2 style="margin: 0px 0px 15px; padding: 0px; border: 0px; vertical-align: baseline; font-family: 굴림; line-height: normal;" helvetica="" neue",="" "nanum="" gothic";="" font-size:="" 1.75em;="" color:="" rgb(51,="" 51,="" 51);="" background-color:="" rgb(255,="" 255,="" 255);="" line-height:="" normal;"=""><p class="p1" style="line-height: 1.5; margin: 0px; font-weight: normal; text-align: justify; font-stretch: normal; font-size: 12px; font-family: Helvetica; color: rgb(69, 69, 69);"><span style="font-family: Arial; font-size: 14pt; line-height: 28px; margin-top: 0px; margin-bottom: 0px;"><span style="font-size: 14pt; line-height: 28px; margin-top: 0px; margin-bottom: 0px; font-family: Arial;">SEOUL, South Korea, July 18, 2016 /PRNewswire/ </span></span></p><p class="p1" style="line-height: 1.5; margin: 0px; font-weight: normal; text-align: justify; font-stretch: normal; font-size: 12px; font-family: Helvetica; color: rgb(69, 69, 69);"><span style="font-family: Arial; font-size: 14pt; line-height: 28px; margin-top: 0px; margin-bottom: 0px;"><span style="font-size: 14pt; line-height: 28px; margin-top: 0px; margin-bottom: 0px; font-family: Arial;">-- K-ICT Born2Global(B2G) will be hosting "Creative Korea Roadshow K-Startup LA Demo Day 2016" </span></span></p><p class="p1" style="line-height: 1.5; margin: 0px; font-weight: normal; text-align: justify; font-stretch: normal; font-size: 12px; font-family: Helvetica; color: rgb(69, 69, 69);"><span style="font-family: Arial; font-size: 14pt; line-height: 28px; margin-top: 0px; margin-bottom: 0px;"><span style="font-size: 14pt; line-height: 28px; margin-top: 0px; margin-bottom: 0px; font-family: Arial;">and present successful business models of the top 19 startups </span></span></p><p class="p1" style="line-height: 1.5; margin: 0px; font-weight: normal; text-align: justify; font-stretch: normal; font-size: 12px; font-family: Helvetica; color: rgb(69, 69, 69);"><span style="font-family: Arial; font-size: 14pt; line-height: 28px; margin-top: 0px; margin-bottom: 0px;"><span style="font-size: 14pt; line-height: 28px; margin-top: 0px; margin-bottom: 0px; font-family: Arial;">from Korea to the VCs, accelerators, entrepreneurs, corporate partners and live audience.</span></span></p><p class="p1" style="line-height: 1.5; margin: 0px; font-weight: normal; text-align: justify; font-stretch: normal; font-size: 12px; font-family: Helvetica; color: rgb(69, 69, 69);"><span style="font-family: Arial; font-size: 14pt; line-height: 28px; margin-top: 0px; margin-bottom: 0px;"><span style="font-size: 14pt; line-height: 28px; margin-top: 0px; margin-bottom: 0px; font-family: Arial;"><br></span></span></p><p class="p1" style="line-height: 1.5; margin: 0px; font-weight: normal; text-align: justify; font-stretch: normal; font-size: 12px; font-family: Helvetica; color: rgb(69, 69, 69);"><span style="font-family: Arial; font-size: 14pt; line-height: 28px; margin-top: 0px; margin-bottom: 0px;"><span style="font-size: 14pt; line-height: 28px; margin-top: 0px; margin-bottom: 0px; font-family: Arial;">These promising Korean startups are leading innovative companies </span></span></p><p class="p1" style="line-height: 1.5; margin: 0px; font-weight: normal; text-align: justify; font-stretch: normal; font-size: 12px; font-family: Helvetica; color: rgb(69, 69, 69);"><span style="font-family: Arial; font-size: 14pt; line-height: 28px; margin-top: 0px; margin-bottom: 0px;"><span style="font-size: 14pt; line-height: 28px; margin-top: 0px; margin-bottom: 0px; font-family: Arial;">in the areas such as AI, big data, fin-tech, healthcare, IoT, wearable, </span></span></p><p class="p1" style="line-height: 1.5; margin: 0px; font-weight: normal; text-align: justify; font-stretch: normal; font-size: 12px; font-family: Helvetica; color: rgb(69, 69, 69);"><span style="font-family: Arial; font-size: 14pt; line-height: 28px; margin-top: 0px; margin-bottom: 0px;"><span style="font-size: 14pt; line-height: 28px; margin-top: 0px; margin-bottom: 0px; font-family: Arial;">mobile app, device, 3D printing, social media, platform and VR.</span></span></p><p class="p1" style="line-height: 1.5; margin: 0px; font-weight: normal; text-align: justify; font-stretch: normal; font-size: 12px; font-family: Helvetica; color: rgb(69, 69, 69);"><span style="font-family: Arial; font-size: 14pt; line-height: 28px; margin-top: 0px; margin-bottom: 0px;"><span style="font-size: 14pt; line-height: 28px; margin-top: 0px; margin-bottom: 0px; font-family: Arial;"><br></span></span></p><p class="p1" style="line-height: 1.5; margin: 0px; font-weight: normal; text-align: justify; font-stretch: normal; font-size: 12px; font-family: Helvetica; color: rgb(69, 69, 69);"><span style="font-family: Arial; font-size: 14pt; line-height: 28px; margin-top: 0px; margin-bottom: 0px;"><span style="font-size: 14pt; line-height: 28px; margin-top: 0px; margin-bottom: 0px; font-family: Arial;">"B2G has prepared 'Creative Korea Roadshow K-Startup LA Demo Day 2016' </span></span></p><p class="p1" style="line-height: 1.5; margin: 0px; font-weight: normal; text-align: justify; font-stretch: normal; font-size: 12px; font-family: Helvetica; color: rgb(69, 69, 69);"><span style="font-family: Arial; font-size: 14pt; line-height: 28px; margin-top: 0px; margin-bottom: 0px;"><span style="font-size: 14pt; line-height: 28px; margin-top: 0px; margin-bottom: 0px; font-family: Arial;">to introduce selected Korean startups with high potential to succeed in the global market," </span></span></p><p class="p1" style="line-height: 1.5; margin: 0px; font-weight: normal; text-align: justify; font-stretch: normal; font-size: 12px; font-family: Helvetica; color: rgb(69, 69, 69);"><span style="font-family: Arial; font-size: 14pt; line-height: 28px; margin-top: 0px; margin-bottom: 0px;"><span style="font-size: 14pt; line-height: 28px; margin-top: 0px; margin-bottom: 0px; font-family: Arial;">said Jong Kap Kim, Chief Executive Director of B2G said. </span></span></p><p class="p1" style="line-height: 1.5; margin: 0px; font-weight: normal; text-align: justify; font-stretch: normal; font-size: 12px; font-family: Helvetica; color: rgb(69, 69, 69);"><span style="font-family: Arial; font-size: 14pt; line-height: 28px; margin-top: 0px; margin-bottom: 0px;"><span style="font-size: 14pt; line-height: 28px; margin-top: 0px; margin-bottom: 0px; font-family: Arial;">Kim added, "Each Korean startup will share their story, demonstrate their product </span></span></p><p class="p1" style="line-height: 1.5; margin: 0px; font-weight: normal; text-align: justify; font-stretch: normal; font-size: 12px; font-family: Helvetica; color: rgb(69, 69, 69);"><span style="font-family: Arial; font-size: 14pt; line-height: 28px; margin-top: 0px; margin-bottom: 0px;"><span style="font-size: 14pt; line-height: 28px; margin-top: 0px; margin-bottom: 0px; font-family: Arial;">and hopefully convince investors to share their vision."</span></span></p><p class="p1" style="line-height: 1.5; margin: 0px; font-weight: normal; text-align: justify; font-stretch: normal; font-size: 12px; font-family: Helvetica; color: rgb(69, 69, 69);"><span style="font-family: Arial; font-size: 14pt; line-height: 28px; margin-top: 0px; margin-bottom: 0px;"><span style="font-size: 14pt; line-height: 28px; margin-top: 0px; margin-bottom: 0px; font-family: Arial;"><br></span></span></p><p class="p1" style="line-height: 1.5; margin: 0px; font-weight: normal; text-align: justify; font-stretch: normal; font-size: 12px; font-family: Helvetica; color: rgb(69, 69, 69);"><b><span style="font-family: Arial; font-size: 14pt; line-height: 28px; margin-top: 0px; margin-bottom: 0px;"><span style="font-size: 14pt; line-height: 28px; margin-top: 0px; margin-bottom: 0px; font-family: Arial;">Creative Korea Roadshow 2016</span></span></b></p><p class="p1" style="line-height: 1.5; margin: 0px; font-weight: normal; text-align: justify; font-stretch: normal; font-size: 12px; font-family: Helvetica; color: rgb(69, 69, 69);"><b><span style="font-family: Arial; font-size: 14pt; line-height: 28px; margin-top: 0px; margin-bottom: 0px;"><span style="font-size: 14pt; line-height: 28px; margin-top: 0px; margin-bottom: 0px; font-family: Arial;"><br></span></span></b></p><p class="p1" style="line-height: 1.5; margin: 0px; font-weight: normal; text-align: justify; font-stretch: normal; font-size: 12px; font-family: Helvetica; color: rgb(69, 69, 69);"><span style="font-family: Arial; font-size: 14pt; line-height: 28px; margin-top: 0px; margin-bottom: 0px;"><span style="font-size: 14pt; line-height: 28px; margin-top: 0px; margin-bottom: 0px; font-family: Arial;">"Creative Korea Roadshow K-Startup LA Demo Day 2016" will be held </span></span></p><p class="p1" style="line-height: 1.5; margin: 0px; font-weight: normal; text-align: justify; font-stretch: normal; font-size: 12px; font-family: Helvetica; color: rgb(69, 69, 69);"><span style="font-family: Arial; font-size: 14pt; line-height: 28px; margin-top: 0px; margin-bottom: 0px;"><span style="font-size: 14pt; line-height: 28px; margin-top: 0px; margin-bottom: 0px; font-family: Arial;">at the Los Angeles Convention Center Room 304ABC </span></span></p><p class="p1" style="line-height: 1.5; margin: 0px; font-weight: normal; text-align: justify; font-stretch: normal; font-size: 12px; font-family: Helvetica; color: rgb(69, 69, 69);"><span style="font-family: Arial; font-size: 14pt; line-height: 28px; margin-top: 0px; margin-bottom: 0px;"><span style="font-size: 14pt; line-height: 28px; margin-top: 0px; margin-bottom: 0px; font-family: Arial;">(address: 1201 South Figueroa Street Los Angeles, California) on July 29, 2016, </span></span></p><p class="p1" style="line-height: 1.5; margin: 0px; font-weight: normal; text-align: justify; font-stretch: normal; font-size: 12px; font-family: Helvetica; color: rgb(69, 69, 69);"><span style="font-family: Arial; font-size: 14pt; line-height: 28px; margin-top: 0px; margin-bottom: 0px;"><span style="font-size: 14pt; line-height: 28px; margin-top: 0px; margin-bottom: 0px; font-family: Arial;">with the public program running from 10:00am to 6:00pm. </span></span></p><p class="p1" style="line-height: 1.5; margin: 0px; font-weight: normal; text-align: justify; font-stretch: normal; font-size: 12px; font-family: Helvetica; color: rgb(69, 69, 69);"><span style="font-family: Arial; font-size: 14pt; line-height: 28px; margin-top: 0px; margin-bottom: 0px;"><span style="font-size: 14pt; line-height: 28px; margin-top: 0px; margin-bottom: 0px; font-family: Arial;">One-on-one meeting sessions for the entry into the US market will be held from 4:00pm to 6:00pm.</span></span></p><p class="p1" style="line-height: 1.5; margin: 0px; font-weight: normal; text-align: justify; font-stretch: normal; font-size: 12px; font-family: Helvetica; color: rgb(69, 69, 69);"><span style="font-family: Arial; font-size: 14pt; line-height: 28px; margin-top: 0px; margin-bottom: 0px;"><span style="font-size: 14pt; line-height: 28px; margin-top: 0px; margin-bottom: 0px; font-family: Arial;"><br></span></span></p><p class="p1" style="line-height: 1.5; margin: 0px; font-weight: normal; text-align: justify; font-stretch: normal; font-size: 12px; font-family: Helvetica; color: rgb(69, 69, 69);"><span style="font-family: Arial; font-size: 14pt; line-height: 28px; margin-top: 0px; margin-bottom: 0px;"><span style="font-size: 14pt; line-height: 28px; margin-top: 0px; margin-bottom: 0px; font-family: Arial;">The Demo Day is comprised of extensive mentorship sessions on developing products, </span></span></p><p class="p1" style="line-height: 1.5; margin: 0px; font-weight: normal; text-align: justify; font-stretch: normal; font-size: 12px; font-family: Helvetica; color: rgb(69, 69, 69);"><span style="font-family: Arial; font-size: 14pt; line-height: 28px; margin-top: 0px; margin-bottom: 0px;"><span style="font-size: 14pt; line-height: 28px; margin-top: 0px; margin-bottom: 0px; font-family: Arial;">securing  customers and raising funding. </span></span></p><p class="p1" style="line-height: 1.5; margin: 0px; font-weight: normal; text-align: justify; font-stretch: normal; font-size: 12px; font-family: Helvetica; color: rgb(69, 69, 69);"><span style="font-family: Arial; font-size: 14pt; line-height: 28px; margin-top: 0px; margin-bottom: 0px;"><span style="font-size: 14pt; line-height: 28px; margin-top: 0px; margin-bottom: 0px; font-family: Arial;">Additionally, there will be opportunities for attendees to network </span></span></p><p class="p1" style="line-height: 1.5; margin: 0px; font-weight: normal; text-align: justify; font-stretch: normal; font-size: 12px; font-family: Helvetica; color: rgb(69, 69, 69);"><span style="font-family: Arial; font-size: 14pt; line-height: 28px; margin-top: 0px; margin-bottom: 0px;"><span style="font-size: 14pt; line-height: 28px; margin-top: 0px; margin-bottom: 0px; font-family: Arial;">and have one-on-one consulting sessions with US VCs and accelerators.</span></span></p><p class="p1" style="line-height: 1.5; margin: 0px; font-weight: normal; text-align: justify; font-stretch: normal; font-size: 12px; font-family: Helvetica; color: rgb(69, 69, 69);"><span style="font-family: Arial; font-size: 14pt; line-height: 28px; margin-top: 0px; margin-bottom: 0px;"><span style="font-size: 14pt; line-height: 28px; margin-top: 0px; margin-bottom: 0px; font-family: Arial;"><br></span></span></p><p class="p1" style="line-height: 1.5; margin: 0px; font-weight: normal; text-align: justify; font-stretch: normal; font-size: 12px; font-family: Helvetica; color: rgb(69, 69, 69);"><span style="font-family: Arial; font-size: 14pt; line-height: 28px; margin-top: 0px; margin-bottom: 0px;"><span style="font-size: 14pt; line-height: 28px; margin-top: 0px; margin-bottom: 0px; font-family: Arial;">The Demo Day is a public event open to anyone. </span></span></p><p class="p1" style="line-height: 1.5; margin: 0px; font-weight: normal; text-align: justify; font-stretch: normal; font-size: 12px; font-family: Helvetica; color: rgb(69, 69, 69);"><span style="font-family: Arial; font-size: 14pt; line-height: 28px; margin-top: 0px; margin-bottom: 0px;"><span style="font-size: 14pt; line-height: 28px; margin-top: 0px; margin-bottom: 0px; font-family: Arial;">For RSVP and other inquiries, please contact </span></span><span style="font-family: Arial; font-size: 14pt; line-height: 28px; margin-top: 0px; margin-bottom: 0px;"><a href="mailto:ysong@born2global.com"><span class="s1" style="color: rgb(228, 175, 9); font-size: 14pt; line-height: 28px; margin-top: 0px; margin-bottom: 0px; font-family: Arial;"><span style="font-size: 14pt; line-height: 28px; margin-top: 0px; margin-bottom: 0px; font-family: Arial;">ysong@born2global.com</span></span></a><span style="font-size: 14pt; line-height: 28px; margin-top: 0px; margin-bottom: 0px; font-family: Arial;">.</span></span></p><p class="p1" style="line-height: 1.5; margin: 0px; font-weight: normal; text-align: justify; font-stretch: normal; font-size: 12px; font-family: Helvetica; color: rgb(69, 69, 69);"><span style="font-family: Arial; font-size: 14pt; line-height: 28px; margin-top: 0px; margin-bottom: 0px;"><span style="font-size: 14pt; line-height: 28px; margin-top: 0px; margin-bottom: 0px; font-family: Arial;"><br></span></span></p><p class="p1" style="line-height: 1.5; margin: 0px; font-weight: normal; text-align: justify; font-stretch: normal; font-size: 12px; font-family: Helvetica; color: rgb(69, 69, 69);"><span style="font-family: Arial; font-size: 14pt; line-height: 28px; margin-top: 0px; margin-bottom: 0px;"><span style="font-size: 14pt; line-height: 28px; margin-top: 0px; margin-bottom: 0px; font-family: Arial;">Also, "Creative Korea Roadshow 2016" is sponsored and supported by the Ministry of Science, </span></span></p><p class="p1" style="line-height: 1.5; margin: 0px; font-weight: normal; text-align: justify; font-stretch: normal; font-size: 12px; font-family: Helvetica; color: rgb(69, 69, 69);"><span style="font-family: Arial; font-size: 14pt; line-height: 28px; margin-top: 0px; margin-bottom: 0px;"><span style="font-size: 14pt; line-height: 28px; margin-top: 0px; margin-bottom: 0px; font-family: Arial;">ICT and Future Planning, Small and Medium Business Administration, </span></span></p><p class="p1" style="line-height: 1.5; margin: 0px; font-weight: normal; text-align: justify; font-stretch: normal; font-size: 12px; font-family: Helvetica; color: rgb(69, 69, 69);"><span style="font-family: Arial; font-size: 14pt; line-height: 28px; margin-top: 0px; margin-bottom: 0px;"><span style="font-size: 14pt; line-height: 28px; margin-top: 0px; margin-bottom: 0px; font-family: Arial;">Ministry of Culture, Sports and Tourism of the Republic of Korea. The Demo Day is a part of the Roadshow.</span></span></p><p class="p1" style="line-height: 1.5; margin: 0px; font-weight: normal; text-align: justify; font-stretch: normal; font-size: 12px; font-family: Helvetica; color: rgb(69, 69, 69);"><span style="font-family: Arial; font-size: 14pt; line-height: 28px; margin-top: 0px; margin-bottom: 0px;"><span style="font-size: 14pt; line-height: 28px; margin-top: 0px; margin-bottom: 0px; font-family: Arial;"><br></span></span></p><p class="p1" style="line-height: 1.5; margin: 0px; font-weight: normal; text-align: justify; font-stretch: normal; font-size: 12px; font-family: Helvetica; color: rgb(69, 69, 69);"><span style="font-family: Arial; font-size: 14pt; line-height: 28px; margin-top: 0px; margin-bottom: 0px;"><span style="font-size: 14pt; line-height: 28px; margin-top: 0px; margin-bottom: 0px; font-family: Arial;">Additionally, there will be exhibitions and booths prepared for export consultation. </span></span></p><p class="p1" style="line-height: 1.5; margin: 0px; font-weight: normal; text-align: justify; font-stretch: normal; font-size: 12px; font-family: Helvetica; color: rgb(69, 69, 69);"><span style="font-family: Arial; font-size: 14pt; line-height: 28px; margin-top: 0px; margin-bottom: 0px;"><span style="font-size: 14pt; line-height: 28px; margin-top: 0px; margin-bottom: 0px; font-family: Arial;">Around 100 Korean companies in sectors including ICT, healthcare, </span></span></p><p class="p1" style="line-height: 1.5; margin: 0px; font-weight: normal; text-align: justify; font-stretch: normal; font-size: 12px; font-family: Helvetica; color: rgb(69, 69, 69);"><span style="font-family: Arial; font-size: 14pt; line-height: 28px; margin-top: 0px; margin-bottom: 0px;"><span style="font-size: 14pt; line-height: 28px; margin-top: 0px; margin-bottom: 0px; font-family: Arial;">VR, beauty and fashion will be displaying innovative products to the world.</span></span></p><p class="p1" style="line-height: 1.5; margin: 0px; font-weight: normal; text-align: justify; font-stretch: normal; font-size: 12px; font-family: Helvetica; color: rgb(69, 69, 69);"><span style="font-family: Arial; font-size: 14pt; line-height: 28px; margin-top: 0px; margin-bottom: 0px;"><span style="font-size: 14pt; line-height: 28px; margin-top: 0px; margin-bottom: 0px; font-family: Arial;"><br></span></span></p><p class="p1" style="line-height: 1.5; margin: 0px; font-weight: normal; text-align: justify; font-stretch: normal; font-size: 12px; font-family: Helvetica; color: rgb(69, 69, 69);"><span style="font-family: Arial; font-size: 14pt; line-height: 28px; margin-top: 0px; margin-bottom: 0px;"><span style="font-size: 14pt; line-height: 28px; margin-top: 0px; margin-bottom: 0px; font-family: Arial;">If you want to learn more about the Korean companies, </span></span></p><p class="p1" style="line-height: 1.5; margin: 0px; font-weight: normal; text-align: justify; font-stretch: normal; font-size: 12px; font-family: Helvetica; color: rgb(69, 69, 69);"><span style="font-family: Arial; font-size: 14pt; line-height: 28px; margin-top: 0px; margin-bottom: 0px;"><span style="font-size: 14pt; line-height: 28px; margin-top: 0px; margin-bottom: 0px; font-family: Arial;">please check out the program brochures available </span></span></p><p class="p1" style="line-height: 1.5; margin: 0px; font-weight: normal; text-align: justify; font-stretch: normal; font-size: 12px; font-family: Helvetica; color: rgb(69, 69, 69);"><span style="font-family: Arial; font-size: 14pt; line-height: 28px; margin-top: 0px; margin-bottom: 0px;"><span style="font-size: 14pt; line-height: 28px; margin-top: 0px; margin-bottom: 0px; font-family: Arial;">on the B2G website's main banner section at </span></span><span style="font-family: Arial; font-size: 14pt; line-height: 28px; margin-top: 0px; margin-bottom: 0px;"><a href="https://www.born2global.com/"><span class="s1" style="color: rgb(228, 175, 9); font-size: 14pt; line-height: 28px; margin-top: 0px; margin-bottom: 0px; font-family: Arial;"><span style="font-size: 14pt; line-height: 28px; margin-top: 0px; margin-bottom: 0px; font-family: Arial;">www.born2global.com</span></span></a><span style="font-size: 14pt; line-height: 28px; margin-top: 0px; margin-bottom: 0px; font-family: Arial;">.</span></span></p></h2><p style="line-height: 1.5; font-family: 굴림; font-size: 16px; margin-top: 0px; margin-bottom: 0px;"><i><span style="font-family: Arial; font-size: 14pt; color: rgb(9, 0, 255); line-height: 28px; margin-top: 0px; margin-bottom: 0px;"><span style="font-size: 14pt; color: rgb(9, 0, 255); font-family: Arial; line-height: 28px; margin-top: 0px; margin-bottom: 0px;"><a href="http://www.prnewswire.com/news-releases/born2global-demo-day-to-unveil-19-promising-korean-startups-in-la-300299784.html" target="_blank" title="" class=""><span style="color: rgb(9, 0, 255); font-family: Arial; font-size: 18.6667px; line-height: 28.0001px; margin-top: 0px; margin-bottom: 0px;">http://www.prnewswire.com/news-releases/born2global-demo-day-to-unveil-19-promising-korean-startups-in-la-300299784.html</span></a></span></span></i></p></div>

Dr. Kim Jong-gap, who has helped South Korean small and

medium-sized enterprises (SMEs) and venture firms make inroads

into global markets in the Silicon Valley for the past 20 years, was appointed as

the head of the K-ICT Born2Global Center in September last year.

His past career includes a director of the iPark Silicon Valley

under the former Ministry of Information & Communication that

assisted in the business of South Korean venture firms and SMEs in the United States,

the head of the Electronics & Telecommunications Research Institute (ETRI) USA R&D Center and

a representative director of Macrovia Partners, a startup incubator located in the Silicon Valley.

He has helped no less than 500 South Korean venture firms to expand their business abroad so far.

“What matters the most for the overseas business of South Korean venture firms and

SMEs to become successful is to think in the local way as well as the acquisition of local languages and

cultures,” he stressed based on his own experience, adding, “Then, they will be able to develop and

provide services that suit the needs of local customers, and also important is to have a good grip

on market demands.”

With regard to the name of the Born2Global Center, which is pretty distinctive, he said that

the name is to aim for the concept of born global, that is, targeting global markets from the get-go

instead of penetrating overseas markets after growing in the domestic market.

“Another implication of the name is to turn South Korea into the center of the global market,”

he mentioned.

 

 

 

Enterprise diagnosis reports are one of the parts the K-ICT Born2Global Center is

currently concentrating on the most in order to assist in the overseas expansion of

promising startups. The reports are to analyze startups in terms of legal, patent,

accounting, technological strength, marketability, MRD aspects and so on

in determining which to help. Expert groups consisting of lawyers, patent attorneys,

accountants and the like check details of consulting for each startup and

manage the content, schedule and progress of their assistance.

The K-ICT Born2Global Center has brought in a new program

by the name of Go-to-Market Roadshow, too. The purpose of the program is

to organize one-on-one business meetings between startups and local investors and

accelerators reflecting IR demands on an ongoing basis.

In other words, it is an intensive support for an occasion comparable to demo day events.

The head of the K-ICT Born2Global Center also explained that

it started public relations (PR) services this year and will provide

the around-the-clock services based on an increasing level of foreign media exposure.

“South Korean startups’ performance was relatively poorer than those of their

U.S., Chinese and Singaporean counterparts at the Global Startup Conference 2016 Spring

recently held at the COEX Convention Center and this was because of the lack of PR,”

he continued to say, “Their advanced and excellent technological and service models were

underestimated and failed to be publicized to a sufficient extent

as the South Korean startups could not blend in due to the lack of their linguistic and

cultural capabilities and this is why we are trying to help them in PR and networking

by means of our public relations services.”

According to him, the competitive edge of the Silicon Valley, which is a role model

for a large number of startups in South Korea, lies in its robust ecosystem above anything else.

“Wide spaces are open and abundant funds are available for startups there and

more than 90 unicorns are continuing to enrich the ecosystem

while boosting a virtuous cycle,” he explained, continuing,

“I believe that such a virtuous cycle should be created in South Korea as well,

led by firms successfully growing based on collaborations, and the presence of 10 or

so unicorns in the country will be enough for the venture and startup ecosystem of

South Korea to become mature to the point of many other countries trying

to take a leaf from it in the near future.”




http://www.businesskorea.co.kr/english/news/smestartups/14825-be-born-global-k-ict-born2global-center-enhance-promotion-korean-startups



SEOUL, South Korea, July 18, 2016 /PRNewswire/ 

-- K-ICT Born2Global(B2G) will be hosting "Creative Korea Roadshow K-Startup LA Demo Day 2016" 

and present successful business models of the top 19 startups 

from Korea to the VCs, accelerators, entrepreneurs, corporate partners and live audience.


These promising Korean startups are leading innovative companies 

in the areas such as AI, big data, fin-tech, healthcare, IoT, wearable, 

mobile app, device, 3D printing, social media, platform and VR.


"B2G has prepared 'Creative Korea Roadshow K-Startup LA Demo Day 2016' 

to introduce selected Korean startups with high potential to succeed in the global market," 

said Jong Kap Kim, Chief Executive Director of B2G said. 

Kim added, "Each Korean startup will share their story, demonstrate their product 

and hopefully convince investors to share their vision."


Creative Korea Roadshow 2016


"Creative Korea Roadshow K-Startup LA Demo Day 2016" will be held 

at the Los Angeles Convention Center Room 304ABC 

(address: 1201 South Figueroa Street Los Angeles, California) on July 29, 2016, 

with the public program running from 10:00am to 6:00pm. 

One-on-one meeting sessions for the entry into the US market will be held from 4:00pm to 6:00pm.


The Demo Day is comprised of extensive mentorship sessions on developing products, 

securing  customers and raising funding. 

Additionally, there will be opportunities for attendees to network 

and have one-on-one consulting sessions with US VCs and accelerators.


The Demo Day is a public event open to anyone. 

For RSVP and other inquiries, please contact ysong@born2global.com.


Also, "Creative Korea Roadshow 2016" is sponsored and supported by the Ministry of Science, 

ICT and Future Planning, Small and Medium Business Administration, 

Ministry of Culture, Sports and Tourism of the Republic of Korea. The Demo Day is a part of the Roadshow.


Additionally, there will be exhibitions and booths prepared for export consultation. 

Around 100 Korean companies in sectors including ICT, healthcare, 

VR, beauty and fashion will be displaying innovative products to the world.


If you want to learn more about the Korean companies, 

please check out the program brochures available 

on the B2G website's main banner section at www.born2global.com.

http://www.prnewswire.com/news-releases/born2global-demo-day-to-unveil-19-promising-korean-startups-in-la-300299784.html

Dr. Kim Jong-gap, who has helped South Korean small and

medium-sized enterprises (SMEs) and venture firms make inroads

into global markets in the Silicon Valley for the past 20 years, was appointed as

the head of the K-ICT Born2Global Center in September last year.

His past career includes a director of the iPark Silicon Valley

under the former Ministry of Information & Communication that

assisted in the business of South Korean venture firms and SMEs in the United States,

the head of the Electronics & Telecommunications Research Institute (ETRI) USA R&D Center and

a representative director of Macrovia Partners, a startup incubator located in the Silicon Valley.

He has helped no less than 500 South Korean venture firms to expand their business abroad so far.

“What matters the most for the overseas business of South Korean venture firms and

SMEs to become successful is to think in the local way as well as the acquisition of local languages and

cultures,” he stressed based on his own experience, adding, “Then, they will be able to develop and

provide services that suit the needs of local customers, and also important is to have a good grip

on market demands.”

With regard to the name of the Born2Global Center, which is pretty distinctive, he said that

the name is to aim for the concept of born global, that is, targeting global markets from the get-go

instead of penetrating overseas markets after growing in the domestic market.

“Another implication of the name is to turn South Korea into the center of the global market,”

he mentioned.

 

 

 

Enterprise diagnosis reports are one of the parts the K-ICT Born2Global Center is

currently concentrating on the most in order to assist in the overseas expansion of

promising startups. The reports are to analyze startups in terms of legal, patent,

accounting, technological strength, marketability, MRD aspects and so on

in determining which to help. Expert groups consisting of lawyers, patent attorneys,

accountants and the like check details of consulting for each startup and

manage the content, schedule and progress of their assistance.

The K-ICT Born2Global Center has brought in a new program

by the name of Go-to-Market Roadshow, too. The purpose of the program is

to organize one-on-one business meetings between startups and local investors and

accelerators reflecting IR demands on an ongoing basis.

In other words, it is an intensive support for an occasion comparable to demo day events.

The head of the K-ICT Born2Global Center also explained that

it started public relations (PR) services this year and will provide

the around-the-clock services based on an increasing level of foreign media exposure.

“South Korean startups’ performance was relatively poorer than those of their

U.S., Chinese and Singaporean counterparts at the Global Startup Conference 2016 Spring

recently held at the COEX Convention Center and this was because of the lack of PR,”

he continued to say, “Their advanced and excellent technological and service models were

underestimated and failed to be publicized to a sufficient extent

as the South Korean startups could not blend in due to the lack of their linguistic and

cultural capabilities and this is why we are trying to help them in PR and networking

by means of our public relations services.”

According to him, the competitive edge of the Silicon Valley, which is a role model

for a large number of startups in South Korea, lies in its robust ecosystem above anything else.

“Wide spaces are open and abundant funds are available for startups there and

more than 90 unicorns are continuing to enrich the ecosystem

while boosting a virtuous cycle,” he explained, continuing,

“I believe that such a virtuous cycle should be created in South Korea as well,

led by firms successfully growing based on collaborations, and the presence of 10 or

so unicorns in the country will be enough for the venture and startup ecosystem of

South Korea to become mature to the point of many other countries trying

to take a leaf from it in the near future.”




http://www.businesskorea.co.kr/english/news/smestartups/14825-be-born-global-k-ict-born2global-center-enhance-promotion-korean-startups



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