Gyeonggi-do Hosts Startup Conference... Supporting 'Investment Attraction and Commercialization Funds'

Gyeonggi Startup Platform Main Screen

[Asia Economy (Uijeongbu) = Reporter Lee Young-gyu] Gyeonggi Province is hosting a conference connecting promising startups (advanced venture companies) with investors. In addition, it will select outstanding small and medium-sized enterprises and provide up to 15 million KRW in commercialization funds per company.

Gyeonggi Province announced on the 25th that, as part of the 'Gyeonggi Startup Platform Investment Linkage Support Project,' it will hold an 'Investment Conference' on the 27th at the Gyeonggi Startup Campus in Pangyo, Seongnam.

The purpose of the conference is to discover promising startups with high potential and facilitate investment attraction through meetings with professional investors.

Six companies selected as outstanding during the six rounds of 'Investment IR Day' held from last November to April this year among startups registered on the Gyeonggi Startup Platform will participate in the event.

Additionally, the province will select three companies that received excellent evaluations at the investment attraction briefing and provide up to 15 million KRW in commercialization funds per company.

Notably, among the six participating startups, 'Allbridge' recently succeeded in attracting an investment of 200 million KRW, raising expectations for this investment conference.

Allbridge is a startup based in Gyeonggi Venture Startup Support Center (Bucheon) that develops and operates the Katoon monitoring system and an airborne fine dust observation system. In 2016, it participated in the startup project of the Gyeonggi Economic Science Promotion Agency and received the 'Startup Project Recommendation Merit Award.'

Kim Gyusik, Director of Economic Planning at the province, emphasized, "To activate technology-based startups and achieve successful entrepreneurship, it is important to actively discover excellent startups and provide opportunities for investment attraction. We will do our best to help local startups with innovative ideas secure investments from professional investors at this conference."

Earlier, to support information exchange and startup activities online, the province launched the 'Gyeonggi Startup Platform' in November last year. Through this, it is conducting various 'Startup Platform Investment Linkage Support Projects' such as investment IR capacity-building education, IR Day, IR coaching programs, and investment conferences.

For more details about this investment conference, please contact the Gyeonggi Economic Science Promotion Agency at 031-8039-7101.

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