Gyeongnam Province Selects 5 Companies for 'KDB Next Round in Gyeongnam'

Gyeong-su Kim, Governor of Gyeongnam Province (eighth from the left), is encouraging and taking a commemorative photo with representatives of five companies selected for KDB Next Round in Gyeongnam. (Photo by Gyeongnam Province)

[Asia Economy Yeongnam Reporting Headquarters, Reporter Kang Woo-kwon] Gyeongsangnam-do announced on the 10th that it has selected five companies to participate in 'KDB Nextround in Gyeongnam.'

'KDB Nextround in Gyeongnam' is held to discover promising startups with high potential, create opportunities for meetings with professional investors, and lead these to successful investment attraction.

The five companies selected this time are ▲Yamtable ▲Eflow ▲Seowu ENG ▲ADP ▲The Tribe, and they will have the opportunity to participate as representatives at 'KDB Nextround in Gyeongnam,' held in Tongyeong in July, where they can present their corporate investment pitches.

'KDB Nextround' is a venture investment platform created by the Korea Development Bank in August 2016 to provide venture and startup companies with opportunities to attract investment and to offer investors chances to discover promising investment targets. As of the end of March this year, 1,192 startups have held corporate presentations in 330 rounds, successfully attracting investments totaling 1.6384 trillion KRW, making it the Korea Development Bank's representative investment program.

Kim Ki-young, Director of the Job and Economy Bureau of the province, said, "Going forward, our province will actively strive to build a foundation for startups and revitalize the startup ecosystem so that startups can grow into unicorn companies."

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