Venture Business Association Hosts 'G-Valley Startup Online Demo Day'
[Asia Economy Reporter Kim Cheol-hyun] The Korea Venture Business Association (Chairman An Geon-jun) and the Seoul Venture Incubator (SVI) jointly held the 'G-Valley Startup Online Demo Day' on the 25th with related organizations within G-Valley (Seoul Digital Complex) to support excellent startups in G-Valley in attracting investment.
This demo day is the final program of a region-customized specialization project hosted by the Seoul Regional Headquarters of the Korea Industrial Complex Corporation and organized by the Korea Venture Business Association. Related organizations in G-Valley jointly discover and recommend outstanding startups from each institution to support the growth and investment attraction of companies, providing education, mentoring, and investment attraction support over approximately two months.
Last year, a total of 21 startups from G-Valley participated in the demo day, and four companies attracted 1.87 billion KRW in investment. This year, to prevent the spread of the novel coronavirus infection (COVID-19), the demo day was held as an online live broadcast, and 11 startups from various fields such as bio-healthcare products, educational services, intermediary platforms, and cloud services sought investment.
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Kim Jin-hyung, the full-time vice chairman of the Korea Venture Business Association, stated, "Even after the demo day, we plan to support G-Valley startups to participate in various investment attraction projects promoted by the association to achieve actual investment results," adding, "We will continue to collaborate with related organizations in G-Valley to support the growth of G-Valley companies."
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