Gyeongnam Province Hosts 'KDB Next Round' Startup Investment Attraction Event in Tongyeong

Gyeongnam Governor Kim Kyung-soo is giving a greeting at the '2020 KDB NextRound in Gyeongnam' event held in Tongyeong. (Photo by Gyeongnam Province)

[Asia Economy Yeongnam Reporting Headquarters Reporter Kang Woo-kwon] Gyeongsangnam-do announced on the 10th that it held the '2020 KDB NextRound in Gyeongnam' event at Tongyeong Stanford Hotel & Resort to help startups attract investment and boost the entrepreneurial spirit.

Co-hosted by Gyeongnam Province and the Korea Development Bank, and organized by the Gyeongnam Center for Creative Economy and Innovation, the event was attended by about 100 people, including Kim Kyung-soo, Governor of Gyeongnam Province, Sung Ju-young, Senior Vice President of Korea Development Bank, Lee Dong-hyung, Director of the Gyeongnam Center for Creative Economy and Innovation, representatives and executives of five presenting companies, and officials from startup-related organizations.

The province, together with the Gyeongnam Center for Creative Economy and Innovation, selected five startups through document screening and presentation evaluation. The selected five companies received support such as IR expert mentoring and IR material consulting to participate in this final round event.

The startups seeking investment this time are ▲ Yam Table, which developed a fulfillment service platform that sells fresh seafood at low prices ▲ E-Flow, which developed a dual-rotor axial drive motor driver module for electric bicycles ▲ Seowoo ENG, a manufacturer of jigs and fixtures for aircraft structural design and aircraft parts assembly ▲ ADP, which produces electromagnetic wave blocking films and films for interior and clothing use ▲ The Tribe, which developed a used car subscription service platform providing vehicle leasing and management services.

Governor Kim Kyung-soo emphasized the importance of balanced development, saying, "For South Korea to achieve sustainable growth, we must overcome the current concentration in the metropolitan area and the metropolitan area black hole. I ask you all to seize the new opportunities here in the Southeast region and Gyeongnam together."

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