Born2Global Centre (Born2Global) will cooperate with Inter-American Development Bank (IDB) and begin its plan on Korea-Latin America startup joint venture program. This program was prepared as part of the support project for innovative technology companies in the ICT field to advance in the global market.

 

This program was made possible through a technical cooperation business contract signed by Born2Global with IDB on September 25th. This agreement was set as a solution towards global spread of COVID-19, which restricts public transport between the countries putting a limit on promising startups' global advancement and investment attraction activities.

 

Born2Global finds promising candidates and conducts JV matching between Korean-Latin American companies to support Korean innovative technology companies and Latin American companies, assist them towards joint R&D, demonstration of the product and market entry.

 

This program will help Korean companies to overcoming the restrictions on overseas business trips and collaboration with local companies in Latin America, will enable efficient, non-face-to-face localization of products and services.

 

The above program is gaining much attention and support from international organizations.

The field of ICT convergence is expected to increase and grow in demand due to COVID-19. Especially the following areas will gain attention: emergency response ICT fields (healthtech, edutech, etc.), quality job creation, economic recovery induction-related fields (fintech, climatetech, agtech, cleantech, industrytech, etc.), non-face-to-face economic and social technologies in preparation for the post-corona era.

 

From July to September of this year, Born2Global has been actively supporting innovative technology companies to enter the Latin American market by hosting online meet-ups and webinars with the Embassy of Argentina in Korea, the Ministry of Economy in El Salvador, and the Korean Embassy in Honduras. 

 


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