127 Problems Created by Large Corporations Solved by Startups

'Daesuta Solution Platform' Part 1 Digital Dream 9 Contest

[Asia Economy Reporter Kim Cheol-hyun] The Ministry of SMEs and Startups (Minister Park Young-sun, hereinafter referred to as the Ministry) announced on the 14th that 127 startups were selected out of 208 applicant companies in the first screening of the 'Digital Dream 9,' the first phase of the 'Large-Startup Solver Platform' contest.

Launched with a project declaration ceremony on July 30, 'The Power of Connection, Digital Dream 9' is a contest to select startups that solve problems faced by large corporations. Despite being a newly attempted format, it attracted attention with 208 startups applying. The projects were presented in nine tasks across six fields representing the post-COVID-19 era: ▲Artificial Intelligence (AI) Content ▲Immersive Media ▲Digital Healthcare ▲Future Mobility ▲Food Tech ▲Eco-friendly Materials. Selection evaluations are currently underway for each task.

Looking at the selection results by field, AI Content startups with considerable AI technology proposed specific algorithms, raising expectations for tangible outcomes. The Ministry explained that the OLED (Organic Light Emitting Diode) application task featured many novel and ingenious ideas, anticipating the launch of innovative services based on user experience.

In the Immersive Media field, tasks such as performance-oriented virtual reality (VR) services and enhancing the vividness of professional baseball mobile broadcasts attracted attention with interactive services reflecting user preferences that can stimulate user interest. For the Future Mobility integrated traffic system and the Food Tech sensor for identifying the taste of Jjamppong, synergy creation through the combination of supporting companies' technologies is expected, so plans will be made considering the possibility of collaboration among applicant companies in the future. The Digital Healthcare tasks also featured many innovative ideas, raising expectations for the emergence of leading startups in the non-face-to-face medical field. Although applications in the Eco-friendly Materials field were somewhat low, the written evaluation confirmed various eco-friendly material technologies, indicating a rising atmosphere.

The face-to-face evaluation, which thoroughly assesses startups' technological capabilities and problem-solving skills, will be conducted by task until early October. Startups that pass the face-to-face evaluation will receive technical advice and support for preparing pitching contests from demand companies and technology support companies. The final pitching contest will be held differently for each task, considering the characteristics and technologies used in each project. Detailed plans and participating companies will be disclosed after the face-to-face evaluation concludes.

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