Kibo Holds 6th 'Kibo Venture Camp' Demo Day
Providing IR Pitching Opportunities to Outstanding Companies to Support Investment Attraction
Baek Kyung-ho, Director of Kibo, is giving a greeting speech at the 6th Kibo Venture Camp Demo Day held on the 19th at the Startup Branch in COEX, Seoul.
View original image[Asia Economy Reporter Kim Cheol-hyun] The Korea Technology Finance Corporation (Chairman Jung Yoon-mo, hereinafter Kibo) announced that it held the 6th Kibo Venture Camp Demo Day on the 19th at the Startup Branch in COEX, Seoul, to provide investment opportunities for startups discovered and nurtured through the Kibo Venture Camp program.
The Kibo Venture Camp is Kibo's accelerating program created to discover and nurture innovative entrepreneurs. Based on its accumulated experience in supporting technology startups and collaboration with private accelerators, Kibo operates the Kibo Venture Camp to intensively nurture startups into "Korean-style hidden champions."
This Demo Day was the final event of the three-month acceleration program conducted since March this year and was held along with the completion ceremony. About 100 people, including 59 companies selected for the Kibo Venture Camp, venture capital officials, and private accelerators, attended the event.
At the corporate presentation (IR) pitching held that day, 12 outstanding companies that passed the preliminary round participated and presented their business models, etc. Kibo plans to provide a package of financial services such as guarantee support and direct investment, as well as non-financial services such as venture certification, technology transfer, and research and development (R&D) support to the companies selected for the Kibo Venture Camp that completed the program this time.
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Director Baek Kyung-ho of Kibo stated, "We will expand support for companies participating in the Kibo Venture Camp and take the lead in revitalizing the startup ecosystem by sufficiently supplying venture capital to entrepreneurs with innovative ideas."
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