Born2GlobalCentre is pleased to announce the 2nd Connect Day partnering with Sway Ventures

 

for the startups willing to expand their business in US market. 

 

 

 

Sway Ventures is a US-based venture capital firm investing in early to mid-stage technology companies. 

 

Sway Ventures invests in high performing teams, building revolutionary technology, creating the next enterprise or consumer category. 

 

With a focus on strategic capitalization, business development support, and engineered exits, 

 

Sway Ventures provides great teams with the support they need to change the future. 

 

 

SwayVentures is actively seeking to invest in Korean startups with expansion plans into US market in innovative technology/industry sectors of 

 

1) Proptech

 

2) Fintech

 

3) Retail & Brands

 

4) Transportation, Logistics & Supply Chain

 

 

 Event Overview

 

-Date: 2021.7.23 (Fri)

 

-Location: Zoom online meeting

 

-Presentation: Pitching and Q&A for 10 min per startup for the finalists

 

- Preferences

 

  • Product/Service Type: Software based

  • Sectors: Proptech, Fintech, Retail & Brands, and Transportation, Logistics & Supply Chain

  • Company Value: USD 7.5M ~ USD 50M

  • Currently operating business in US

 

 How to Apply

 

 -Submit an application form(attached below) & pitching deck(Eng.) via email (seanshin@born2global.com) by 4pm on Friday, July 2nd  

 

 *Application form:Application Template.pptx

 

 

□ For more information,

 

-  Sean Shin, Associate Director : 031-5171-5622, seanshin@born2global.com

Minister of Foreign Affairs Kang Kyung-wha on April 13 confirms that Korea will send some 600,000 test kits for COVID-19 to the U.S. in an interview with France 24, a publicly owned French TV network. (Screen shot from France 24's YouTube channel)


By Lee Hana


Minister of Foreign Affairs Kang Kyung-wha on April 13 confirmed that Korea will export some 600,000 test kits for COVID-19 to the U.S.


"The contract to send 600,000 test kits to the U.S. has been signed and they should be ready for shipment soon," she told France 24, a publicly owned French TV network, in an interview. "They were quickly approved by the (U.S.) Food and Drug Administration as the result of a phone conversation between President Moon Jae-in and President Donald Trump last month."


"We are also sending test kits to many other countries as well as the U.S."


Asked if she feared a second wave of COVID-19, the minister said, "(Among) those who fully recovered and were released, several tested positive again a few days after."


"We do not fully know the nature of the (coronavirus), and are learning that we have much more to learn about how it travels while simultaneously developing cures and vaccines."


On if the Korean government will enforce stricter travel measures given the increasing number of cases from those arriving from abroad in the country, Minister Kang said, "We've found many confirmed cases among recent travelers who returned to the country from overseas travel, but this is a global challenge."


"It's not enough to contain the disease inside one country; this is a challenge we must overcome together as a global community."


hlee10@korea.kr

 

The Bank of Korea announced on March 19 that it agreed on a USD 60 billion currency swap with the U.S. Federal Reserve System to remain in effect for at least six months. (Yonhap News)


By Lee Kyoung Mi and Lee Hana


Korea and the U.S. have agreed to a massive currency swap that Korean monetary authorities say will help stabilize the domestic foreign exchange market reeling from the COVID-19 outbreak.


The Bank of Korea on March 19 said the swap is worth USD 60 billion with the U.S. Federal Reserve System and will be in place for at least the next six months, or until Sept. 19.


The agreement is expected to help stabilize the dollar market in Korea. The U.S. has similar deals with Denmark, Norway, Sweden, Australia, New Zealand, Brazil, Mexico and Singapore.


The arrangement will allow Seoul and Washington to provide bilateral liquidity by swapping KRW for USD. The deal is the second of its kind since 2008, when both countries agreed to swap USD 30 billion to protect the Korean market from the effects of the U.S. subprime crisis.


The central bank said it would stabilize the domestic USD market as soon as the currency swap came through, adding that it hopes the arrangement will help protect the domestic market from soaring dollar demand due to the pandemic.


km137426@korea.kr 

 

Newsletter Sign Up

By clicking "submit," you agree to receive emails from Bron2Global and accept our web terms of use and privacy and cookie policy*Terms apply.