[Asia Economy Reporter Hwang Yoon-joo] The Korea International Trade Association announced that it will operate the '2020 Global Startup School 2nd Cohort' at COEX in Samseong-dong starting from the 4th.


Now in its second year, this program aims to discover promising startups with high potential for overseas expansion, provide know-how on business strategy development and global expansion strategies, and ultimately connect them to investment attraction. Notably, this year, Big Bang Angels, a deep-tech specialized global accelerator (AC), will participate as the operator of the entire educational program.


According to the Trade Association, Big Bang Angels plans to establish a dedicated fund for seed-stage investments, as well as provide education and mentoring to the startup school participants. Limited Partners (LPs) of the fund will also directly participate in mentoring and investment screening processes to maximize the business development and investment attraction outcomes of the participating companies.


Additionally, this program includes participation from prominent domestic and international accelerators (ACs) and tech companies as speakers and mentors, such as LB Investment, a tech company specialized venture capital (VC), Synergy IB Investment, a mezzanine specialized VC, and Element AI, a global artificial intelligence (AI) startup.



The Trade Association has selected 21 teams for the Startup School program and will select 8 teams through three upcoming investor relations (IR) pitch competitions. These teams will hold the final demo day in front of well-known domestic investors on October 27.


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

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