Gwangju Institute of Science and Technology, Formation of GIST Angel Club

[Asia Economy Reporter Junho Hwang] The Gwangju Institute of Science and Technology (GIST) Enterprise Support Center announced on the 29th that it has formed the 'GIST Angel Club' to early discover and invest in startups utilizing GIST technology, and has completed registration with the Angel Investment Support Center.

The Angel Club is a group of individual investors who invest capital in newly established venture companies lacking funds. The GIST Angel Club was formed with the goal of activating angel investment through angel investments targeting startups founded on promising GIST technologies, exchanging investment information, and investment cooperation with related organizations. The inaugural chairman was appointed as Woojin Park, Director of the Applied Science and Technology Research Group (Professor of the Department of Life Sciences).

Chairman Park stated, "The GIST Angel Club aims to help startups utilizing excellent GIST technologies grow rapidly by providing investment funds as well as mentoring from technology and management experts, with the goal of growing them into unicorn companies within a short period." He added, "Furthermore, we plan to create high-quality jobs and supply outstanding companies to the soon-to-be-established Gwangju AI Startup Complex."

The GIST Angel Club plans to hold monthly IR (Investor Relations) sessions once the COVID-19 situation stabilizes, and will continuously discover and invest in excellent startups within the region as well as those founded by GIST alumni.

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