KSA Signs Business Agreement with Bluepoint Partners to Foster Startups

Lee Sang-jin, President of the Korea Standards Association (right), and Lee Yong-kwan, CEO of Bluepoint Partners, are posing for a commemorative photo at the business agreement ceremony held on the 25th at Tipstown in Yeoksam-dong, Seoul.

[Asia Economy Reporter Kim Daeseop] The Korea Standards Association announced on the 25th that it has signed a Memorandum of Understanding (MOU) with Bluepoint Partners to discover promising early-stage companies and foster unicorn companies.

The MOU was held at Tipstown in Yeoksam-dong, Seoul. The two organizations plan to share accumulated know-how and networks in areas such as startup cultivation, responding to innovations in the 4th Industrial Revolution, and operating advanced entrepreneurship capability programs. They also plan to promote joint projects including education and consulting for startups and nurturing talented personnel.

Bluepoint Partners is a domestic accelerator that has invested in over 130 startups since its establishment in 2014.

Lee Sangjin, Chairman of the Korea Standards Association, said, "Through close cooperation and joint efforts with Bluepoint Partners, we will create a high-quality early startup ecosystem," adding, "Furthermore, we hope to generate synergy for domestic startups to grow into global innovative companies."

This content was produced with the assistance of AI translation services.