NH Nonghyup Bank Announces Recruitment for 3rd Startup Incubation Program

Recruitment for the 3rd NH Digital Challenge Plus until the 1st of next month

[Asia Economy Reporter Kwon Haeyoung] NH Nonghyup Bank announced on the 12th that it will recruit the 3rd batch of the startup incubation program 'NH Digital Challenge Plus' until the 1st of next month.

NH Digital Challenge Plus is a specialized accelerating program that supports early-stage startups in concretizing their business models by providing initial capital investment, consulting in areas such as promotion, legal, and finance, and follow-up investment opportunities according to the company's growth stage. The basic program lasts 6 months and can be extended depending on future business performance.

The 3rd batch of NH Digital Challenge Plus will select startups with clear business models aiming for digital technological innovation in various fields such as finance, real estate and housing, agriculture, forestry, and food industry, evaluating innovation, business feasibility, and synergy. Selected companies will be provided with ▲workspace within the NH Digital Innovation Campus ▲specialized capacity-building education ▲one-on-one mentoring ▲office hours ▲demo day ▲networking events.

Nonghyup Bank is actively forming business partnerships with participating companies. In August last year, it formed a business partnership with 'Spacewalk' for real estate investment advisory services, and in September, it partnered with 'Enerdot' to introduce a solar power generation facility management system. In particular, Spacewalk provides big data-based real estate valuation and investment advisory services to Nonghyup Bank's premium customers, and in January this year, it succeeded in attracting 8 billion KRW worth of equity investment after being recognized for its artificial intelligence (AI) architectural design technology and marketability.

A representative from Nonghyup Bank's Digital Innovation Campus said, "NH Digital Challenge Plus is the top startup incubation program in the domestic financial sector, and we hope it will be an opportunity for startups with innovative technologies to grow together with Nonghyup Bank."

For more details, please check the website.

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