Department for small and medium-sized enterprises Minister Lee Young said 18 local time in the United States. Ministry of Information and Communication Science and Technology Minister Lee Jong-ho and Minister Lee Jong-ho announced they had a meeting with Korean unicorn startups, American venture capital and Korean startups who have managed to advance into the American Silicon Valley market to support global expansion by K-Startup.
The Ministry of SMEs and Startups announced on the 8th that national initiatives and start-ups can grow rapidly in the global market beyond the limited internal market. “K-Startup Global Entry Strategy”As part of the countermeasures implementation, through a meeting with Korean unicorns and startups that had successfully entered Silicon Valley on the same day, they listened to the difficulties in expanding overseas and discussed detailed support measures.
At the meeting, the company started in Silicon Valley and became a unicorn company. Sendbird CEO Dongshin Kim, Moloco CEO Ahn Ik-jin participated and provided advice and shared experiences to national startups to be pioneers in the global market.
An American venture capitalist with experience in investing in Korean startups Strong adventures, Nautilus Venture Partnerpresented start-ups’ effective overseas investment strategies and stressed the importance of using global funds for start-ups to enter the global market.
A Korean startup that intends to attract investments from global capital (IR) has asked for continued support from the government, complaining of difficulties in the process of entering the global market and difficulties in attracting foreign investments.
Minister Lee Young said: “We promise to provide support through active cooperation between ministries such as the Ministry of SMEs and Startups and the Ministry of Science and Technology, Information and Communication so that we can enter the global market beyond the restricted internal market. We will share our capabilities and infrastructures as much as possible and strengthen our global network to create a supportive synergistic effect “.
After this meeting, Minister Lee Young held the “Korea-US Kick-Off Summit” to be held in New York for two days starting on 20.) will continue to support its global expansion.
- The Ministry of SMEs and Startups announces K-Startup’s global advancement strategy
- Dongdaemun ‘Link Shops’ fashion brokerage enters Indonesia
- Jinwon Chang, recruiting startups for the second half of the “PoC Support Program for Overseas Demonstrations 2022” (~ September 19)
- Naver Whalespace joins Vietnam’s largest edutech company to advance in the global market
- Jinwon Chang-Shinhan Futures Lab Addresses Support for Start-ups Entering Japan, Open Innovation and Start-Up Exchanges
- CNT Tech succeeds on “GMEP Day” to support the expansion abroad of the first start-ups
- Startup Promotion Agency, recruiting companies to participate in the “Global Investment Attraction Program” (~ July 25)
- Camoa and Klook have signed an exclusive partnership to supply rental cars overseas in 180 countries
- Startup promotion agency, startup recruitment “Tips Overseas Marketing Global AC Linkage Project” (~ June 28)
- Global fan service “Fans” founded a US company … Full-scale entry into the local market
–
