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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)


 

“D.N.A(Data. Network. AI) Joint Venture Type (JV 설립형)” : Open from 3/ 11 (Thu.) ~ 4/ 12(Mon.) 18:00 PM

 

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

 

   Final Selection : Up to 15 companies

 

   Target companies : Startups with D.N.A (Data, Network, AI) convergence technologies

 

  Benefits - Program Overview

 

We support 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, partnerhip curation service, preliminary consultings (global business, partnership etc.)

 

Support for JV Establishment & Operations : Business consulting(legal, patents, accounting, martketing, 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 followup consulting

 

Selection Timeline*

 

Submission Deadline : 4/12(Mon.)

 

1st Announcement : ~ 4/15 (Thu.)

 

2nd Evaluation : 4/28(Wed.), 4/29(Thu.)

 

2nd Announcement : 5/4(Tue.)

 

Agreement Signing (Born2Global Centre - Selected companies) ** : Early May

 

* Timeline above is subject to change

** Membership is valid from the date on signed agreement til Dec.31, 2021

 

How to Apply 

A. Download the attached form

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

 

 

 

 

 

“D.N.A(Data. Network. AI) Joint Venture Type (JV 설립형)” : Open from 5/28(Fri.) ~ 6/ 24(Thu.) 18:00 PM

 

 

 

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

 

 

 

Final Selection : Up to 15 companies

 

 

 

Target companies : Startups with D.N.A (Data, Network, AI) convergence technologies

 

 

 

Benefits - Program Overview

 

 

 

We support 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, partnerhip curation service, preliminary consultings (global business, partnership etc.)

 

 

 

▶Support for JV Establishment & Operations : Business consulting(legal, patents, accounting, martketing, 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 followup consulting

 

 

 

Selection Timeline*

 

 

 

Submission Deadline : 6/24(Thu.)

 

 

1st Evaluation : 6/25(Fri.) ~ 6/28(Mon.)

 

 

1st Announcement : 6/29 (Tue.) via e-mail

 

 

2nd Evaluation : 7/12(Mon.)~7/14(Wed.)

 

 

2nd Announcement : 7/16(Fri.) via e-mail 

 

 

 

 

Agreement Signing (Born2Global Centre - Selected companies) ** : 7/19(Mon.) ~7/23(Fri.)

 

 

 

* Timeline above is subject to change

 

** Membership is valid from the date on signed agreement til Dec.31, 2021

 

 

 

How to Apply

 

A. Download the attached form

 

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

 

 

 

210528_DNA JV type membership admission notice.pdf

 

210528_DNA JV type membership application form.hwp


 

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. 

 

 

 

 


 

 

The government has adopted the 2021 action plan for "Digital New Deal", which is a key pillar of the Korean New Deal initiative at the first Korean New Deal Ministers' Meeting  in the new year.

 

Digital New Deal is a national innovation project that invests a total of 58.2 trillion won (44.8 trillion won in government spending) by 2025 to accelerate digital transformation of the Korean economy and society and create about 900,000 jobs.

 

After launching projects with about 2.4 trillion won, as part of the third supplementary budget of 2020, the government has strived to overcome the economic crisis and take a leap forward as a leading country through strengthening the data, network, artificial intelligence (D.N.A) ecosystem, promoting contactless industries and digitalizing education and social overhead capital (SOC).

 

The key pillars of the 2021 plan are to upgrade the D.N.A (Data, Network, AI) economic structure, establish a foundation for non-contact industries, and digitalize SOC (social overhead capital).

 

Born2Global Centre continues to play a role in this national innovation project by matching respective deep tech startups and supporting these companies in their growth and expansion to global markets.

 

The 2021 action plan for Digital New Deal policy is as follows.

 

 

I. Plan for 2021

In order to transform Korea into a leading country, invest a total of 7.6 trillion won in Digital New Deal projects such as upgrading D.N.A. economic structure, expanding contactless infrastructure and digitalizing SOC
- Establish a legal and institutional framework while creating tangible outcomes for the public, facilitate participation from the private sector and regional entities


1. Upgrade D.N.A. economic structure
(Invest 5.2 trillion won in government spending for 2021)


1. Promote the collection, sharing and use of data 

     - Strengthen the entire data life cycle and improve legislation for promoting innovation in all industries based on data


 

· Collect and share data

Promote the use of data in public and private sectors by collecting additional 150 types of "data for AI training" (292.5 billion won) such as the letters of the Korean alphabet to advance AI for Korean language, making 44,000 government data open (cumulative 142,000 data) and establishing six additional big data platforms


· Use data 

Establish the informatization plan (ISP) to create an integrated platform for digital library, so that companies can utilize D.N.A. by supporting AI manufacturing consulting solutions, industrial data platform and providing data vouchers. The plan also ensures that anyone can readily access and use the national knowledge platform to promote knowledge sharing and dissemination.


· Improve legislation 

Create a data control tower based on public and private partnership which oversees policies in data collection, application and utilization by the government to facilitate innovation in all data-based industries and improve legislation such as legislating basic act on data


2. Apply 5G and AI to all sectors 

     - Promote services that apply 5G and AI to industries to create new digital markets


·Build 5G network

In order to establish 5G network at an early date, which will serve as the foundation for convergence services, include 5G equipments on the list for tax duction(+2%p) for commercializing technologies in new growth engines, continue to cut taxes and registration license taxes for investing in 5G facilities in districts where overpopulation is constrained within the metropolitan area


·Apply AI to all industries 

By implementing major seven AI+X projects* and follow-up legislation tasks** of "the roadmap on improving AI legal framework" (Dec. 2020), respond to convergence and spread of AI, construct 6,000 smart factories and develop level 4 autonomous driving technologies (2021~2027, a total of 1.1 trillion won put into projects)
* ① medical image analysis and treatment ② pandemic response ③ coastline ④ensure industry complexes are energy-efficient ⑤ detect illegal forgeries ⑥ innovate regional flagship industries ⑦ promote public safety
** Set criteria for algorithm disclosure, legislate act on digital inclusiveness to ensure fair access to digital technologies, revise copyright laws to allow data mining, establish the roadmap for innovating regulations on self-driving vessels etc.


3. Create an intelligent government

      - Innovate services of the government based on AI, blockchain and cloud to provide administrative services in a preemptive and customized way


·Services with tangible outcomes for the public 

Establish the "platform for digital driver's license" (10.8 billion won) which makes identification easier, and expand "AI secretary service" from nine to 39 services, which notifies and guides users to register and pay for public services through messaging apps


·Smart government 

Conduct pilot projects (11.5 billion won) in five agencies to convert government administrative work to be digital based on 5G network, gradually relocate and integrate 9,500 information systems to public and private cloud centers to provide public service (51 billion won) in a stable and efficient manner


4. Digital innovation technologies and companies

    - To take initiative in the next-generation global digital market, support development of cutting-edge technologies such as 6G, next-generation AI, hologram and relevant companies


·Innovative technologies

Develop 6G technologies overcoming the limits of existing technologies as well as key technologies including AI semiconductor designs, devices, equipments and processes (122.3 billion won)


·Innovative companies

Raise "Smart Korea Fund" worth over one trillion won and invest in companies in zero-contact industries, identify 200 promising startups in contactless industries and provide 30 billion won for commercialization funding, while also providing 200 "AI solution vouchers" (56 billion won) for developing new businesses


2. Establish foundation for contactless industry
(Invest 0.6 trillion won in government spending for 2021)


1. Digitalize education 

     - Establish a sustainable and stable infrastructure for digital transformation of future education encompassing elementary, middle, high schools, universities and vocational training centers


·Improve system 

Legislate the Framework Act on Promoting Remote Education (proposed in February) and revise the “guideline for use of copyrighted works for educational purposes” to expand the scope of using copyrighted works for the purposes of primary and secondary education


·Create learning-friendly environment

Install high-performance Wi-Fi to cumulative 270,000 classrooms in elementary and middle schools, provide up to 80,000 tablet PCs to carry out “pilot projects on online content-based textbooks” (12.8 billion won) to realize digital education


2. Smart healthcare 

     - Establish smart healthcare infrastructure in hospitals for providing safe treatment and carry out healthcare and caregiving programs for the vulnerable


·Improve infrastructure 

Establish 1,000 respiratory clinics (50 billion won) and three smart hospitals (3 billion won) to prevent the spread of infectious diseases and develop “Doctor Answer 2.0” (5 billion won), which is a precision medicine software supporting diagnosis of 12 diseases such as lung cancers


·Smart health management 

Conduct pilot projects on health management using AI and IoT (9.5 billion won) on 50,000 senior citizens, provide self-monitoring devices to 50,000 chronic patients (2.8 billion won) to help maintain healthy lifestyle


3. Contactless business 

     - Provide more support for online businesses to encourage more people to work from home amid digital transition in the COVID-19 outbreak and raise competitiveness of micro-enterprises

 

·Remote working

Provide vouchers for contactless services (216 billion won) to 60,000 small and medium-sized enterprises (SMEs) for them to be digital-based, develop software based on next-generation digital technology (5.6 billion won) in ways such as improving the quality of video conference system


·Support micro-enterprises

Secure digital marketing channels (72.6 billion won) by holding online exhibitions involving participation from 53,000 micro-enterprises, establish about 20,000 digital shops (22 billion won) which support deployment of digital technologies such as IoT and 600 digital craft shops (29.4 billion won)


3. Digitalize SOC
(Invest 1.8 trillion won in government spending for 2021)


1. Transportation infrastructure

      - Digitalize critical transportation infrastructure across the country including roads, railways and airports for ensuring public safety


·Road

With the target of commercializing fully autonomous driving vehicles for the first time in the world by 2027, establish Intelligent Transport System (ITS) in 45% of national roads and C-ITS* in major roads (517.9 billion won) and create a "precision road map for autonomous driving" for 11,670km of general national roads (16 billion won)
* C-ITS (Cooperative Intelligent Transport System): a next-generation intelligent transport system which communicates between vehicles and between vehicles and transport infrastructure


·Railway and airport

Digitalize maintenance process of railway facilities (295.8 billion won) in ways including installing IoT sensors for inspecting facilities near railways and establish "contactless biometrics system" in major airports such as Gimpo, Gimhae and Jeju.


2. Prevent and respond to disasters

     - Ensure public safety by managing dams and rivers real time and establishing "smart disaster prevention system" which extinguishes forest fires using drones


·Safety management 

Deploy automatic and remote control system for drainage facility in 57% of national rivers (180 billion won) to prevent flooding, establish real-time monitoring system (30 billion won) and smart dam management system based on drones and big data in eleven dams (15 billion won)


·Disaster response

Prevent human casualties by establishing early alert system (28.8 billion won) in 65 steep slopes and 105 districts vulnerable to natural disasters, create 10 new drone fire extinguishers to promptly extinguish forest fires and operate "flight training centers for drones used in forest fires" to nurture experts (4.6 billion won)


3. Smart cities, industrial complexes, logistics 

     - Digitalize cities, industrial complexes and logistic infrastructure and facilitate contactless direct transactions of agricultural products and fisheries products


·Urban areas, industrial complexes 

Expand smart city solutions to more than 15 local governments (30 billion won), launch national pilot smart city in Busan in December 2021 and establish two integrated control centers for industrial complexes (18.5 billion won) to ensure safety and manage traffic by using intelligent CCTVs and IoT devices as well as one platform for sharing logistics facilities (10 billion won)


·Logistics 

Build two cutting-edge smart logistics centers in transport hubs that can be shared by small and medium-sized enterprises (SMEs) (5.9 billion won) and one smart logistics center for SMEs in port hinterlands (3.6 billion won), launch an integrated digital platform for export and import logistics for shared use of information on export and import logistics


·Online transactions 

Establish an integrated platform for public meals to promote consumption of agricultural products (5.6 billion won) and an online auction platform* for wholesale livestock product market (2.6 billion won), carry out R&D to ensure fresh distribution for facilitating contactless and direct trading of fisheries and improve institutions by amending* the "act on fishery products distribution"
* support system to facilitate direct transactions of fisheries, provide information on direct transactions, ensure systems including building big data platform to be specific


II. Future directions


The government plans to successfully carry out the Digital New Deal initiative, which is in its second year of implementation and will manage the following programs in order to create tangible outcomes that can be felt by the public.


Establish "a roadmap for creating tangible outcomes" which outlines key achievements from each project by regularly holding inter-ministerial Digital New Deal working group briefings, raise awareness of Digital New Deal policy among the public by promoting key achievements of the policy from each ministry through holding briefing session


Overhaul legal framework and institutions to digitalize the Korean economy and society based on ten legislative tasks of Digital New Deal policy, continuously relieve issues on site through "regulatory sandbox system" which removes regulations curbing industrial development


Continue to supplement Digital New Deal policy through Ministers and Vice Ministers paying visits to regions and companies in order to get closer to the public and listen to their voices, identify new cooperative projects


For further information, please contact Deputy Director Kim Do Chang of the Ministry of Science and ICT (E-mail address : dc8605@korea.kr).

 


 

 


 

Ookla, a U.S.-based web service that ranks internet connection worldwide, on Oct. 28 said Korea had the fastest mobile internet speed among 138 countries surveyed. (Screen capture from website of Speedtest's Global Index chart on left and Speedtest Awards' chart on right)


By Kim Minji


Korea has led the world in mobile internet speed for the past two months.

Ookla, a U.S.-based web service that ranks internet connection worldwide, on Oct. 28 said Korea had the world's fastest mobile download speed among 138 countries tested in August and last month.

Ookla's Speedtest Global Index found that the country's mobile download speed was 121 Mbps, or three times higher than the global average of 35.96 Mbps. Korea also had the world's fastest speed in August with 113.01 Mbps.

In May last year, Korea topped the world in mobile download speed with 76.75 Mbps, replacing Norway, which finished second that month after being No. 1 for about a year.

On Korea's jump in the rankings, Ookla said, "5G dramatically boosts speeds."

China last month finished second with 113.35 Mbps and the United Arab Emirates (UAE) third with 109.43 Mbps.

Ookla also said Korea's SK Telecom was the world's second-fastest mobile network from this year's second quarter to the third, trailing only Etisalat of the UAE.

kimmj7725@korea.kr

 

A passenger on a test ride of KT’s 5G bus tries a virtual reality (VR) head-mounted display (HMD).

A passenger on a test ride of KT's 5G bus tries a virtual reality (VR) head-mounted display (HMD).



By Min Yea-Ji and Kim Young Shin 
Photos = KT 

Korea, the world’s first country to launch the 5G cellular network for business clients last year, is preparing to kick start 5G service for consumers in March. 

Since January, KT has conducted test runs of 5G buses in Seoul’s Gwanghwamun area and near Gangnam Station in southern Seoul. The buses provide hands-on experience in the next-generation service to be launched. 

Korea.net took a ride on a 5G bus in central Seoul to see what was inside. 

Hopping on the bus, the first thing coming into sight is a 5G mobile hotspot router installed inside. The device receives the signal from 5G mobile base stations in Gwanghwamun and the Gangnam Station area in Seoul and rebroadcasts it into a Wi-Fi signal, transforming the bus into a 5G area. 

Next to each seat are virtual reality (VR) head-mounted display gear, a remote control and a smartphone. A simulator app is installed on the phone to aid the VR program offered on the bus; the app takes up just 256MB. In an LTE-environment, an app bigger than 100GB must be operated on a smartphone. In a 5G environment, however, the program can be operated merely with the 256MB app complemented by real-time data streaming. This demonstrates the ultra-high speed of the next-generation network of 20Gbps, which is up to 20 times faster than LTE, meaning speed that is at least 10 times faster for users. 

In the past, songs were downloaded and played on MP3 players but faster internet speed led to music streaming services. Movies and TV shows, which also required downloading media files on devices, can now be watched via streaming sites. The 5G next-generation network can further boost VR and video games through its uber-fast speed.

The 5G service is often mentioned together with VR and augmented reality (AR) as they require a tremendous amount of data processing for operation. 

The head-mounted gear on the bus takes the passenger to a basketball game. It feels as if the user is an invisible courtside spectator. The players on the court dribble the ball, pass right by to shoot the ball and block defenders. Watching the game on the court is so real that the user can feel dizzy. 

The VR program also offers the 360-degree, first-person shooting game "Special Force," movies, entertainment and golf lessons with no lag. 

As the first country to commercialize LTE in 2011, Korea is expected to reassert its world-leading and cutting-edge information and communications technology with 5G's commercial release to consumers from March this year. 

KT technicians install a 5G mobile base station in Seoul’s Gwanghwamun area.

KT technicians install a 5G mobile base station in Seoul’s Gwanghwamun area.



A 5G bus travels the Gwanghwamun area in Seoul.

A 5G bus travels the Gwanghwamun area in Seoul.



jesimin@korea.kr




LG U+ CEO Ha Hyun Hwoi (left), KT CEO Hwang Chang-Gyu (second from left),

Minister of Science and ICT Yoo Young min (third from left) and SK Telecom CEO Park Jung Ho

pose for a photo after their meeting at the Merriott Park Center in Yeouido, Seoul, on July 17. (Yonhap News)

 

By Lee Yoonseo and Kim Young Shin

 

Three major Korean phone and data carriers -- SK Telecom, KT and LG U+ -- will jointly launch the world’s first 5G services in March 2019. This move is in response to the Moon administration’s goal to make Korea the first country in the world to actualize 5G technologies.

 

Minister of Science and ICT Yoo Young min held a meeting with the CEOs of the three companies -- LG U+ CEO Ha Hyun Hwoi, KT CEO Hwang Chang-Gyu and SK Telecom CEO Park Jung Ho -- to discuss the commercialization of 5G services, at the Marriott Park Center in Yeouido, Seoul, on July 17.

 

“In order to make Korea the first country to commercialize 5G technology and to dominate the global market, suppliers should avoid competition to be first,” said Minister Yoo. “I urge your three companies to cooperate with each other on this.”

 

“To allow all related industry entities to share the benefits of the first-mover advantage, you three companies should try to grow together by keeping a win-win partnership,” Yoo said.

 

“We will vitalize the industrial ecosystem, as well as 5G network investments, as we develop our competitiveness,” said the SK Telecom CEO.

 

“Generally, 4G services were related to B2C businesses, but currently only a small number of B2C businesses remain,” said the KT CEO. “More investments are needed in the new 5G services as they are more related to B2B business models and more related to the public interest.”

 

The LG U+ CEO also said that his company will launch 5G services as per the schedule suggested by the government.

 

The three companies will finish selecting their equipment providers next month and begin building a commercial network in September.

 

clo1120@korea.kr

 

 

 


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