Hyundai Motor Chung Mong-Koo Foundation Hosts Online H-OnDream Demo Day

[Asia Economy Reporter Suyeon Woo] The Hyundai Motor Chung Mong-Koo Foundation announced on the 16th that the '2020 H-OnDream Demo Day,' co-hosted with Hyundai Motor Group, will be held online at 2 PM on the 23rd.

This demo day features five companies selected in the accelerating category of the H-OnDream Social Enterprise Startup Audition. The H-OnDream Social Enterprise Startup Audition is a program that discovers, nurtures, and supports social enterprises that continuously challenge themselves to create social impact.

Since its inception in 2012, the startup audition has continued for eight years, providing tailored consulting at each growth stage, including incubating early-stage startups, accelerating growth-stage startups, and consortiums for solving social issues through cooperation among social enterprises.

Leading accelerators such as D3 Jubilee Partners, Crevis Partners, Impact Square, and Bridge Square participated in this accelerating nurturing program, providing customized support to the five participating teams, who will present their investor relations (IR) pitches.

The five participating teams are ▲ Vallis (manufacturing upcycled pet food) ▲ Opatech (developed Taptilo, a smart braille learning device that changes the lives of visually impaired people) ▲ Dr. Noah (developed bamboo toothbrushes to replace plastic toothbrushes) ▲ Broccoli Company (developed a vegan beauty brand by upcycling agricultural byproducts) ▲ Nbliss Comms (developed 'Wishing Note,' a mobile social service that manages users' dreams).

Additionally, the event will share the economic and social outcomes of the 'H-OnDream Social Enterprise Startup Audition' over the past eight years, jointly researched by Professor Sangjun Kim of Ewha Womans University and Professor Jaehong Park of Chung-Ang University. Professor Kim's research team published an academic paper in the SSCI-level international journal Sustainability in May, highlighting the current status of Korean social ventures and the economic and social achievements of the H-OnDream project.

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