New Releases, 7 Innovative Startups Participate in 'YouConnect Demo Day'

Efforts to Support Investment Attraction for Relatively Challenging Regional Startups

[Asia Economy Reporter Park Sun-mi] The Korea Credit Guarantee Fund announced on the 27th that it will hold the 'YouConnect Demo Day' featuring 7 innovative startups at Busan's largest startup event.

The 'Busan Startup Week Bounce 2020,' Busan's largest startup event held over four days starting from the 27th, is a global startup conference designed to activate exchanges among startups, accelerators (AC), and investors. This year marks its 4th edition.

As part of this event, on the 29th, the Korea Credit Guarantee Fund will co-host the YouConnect Demo Day with Busan-based accelerator Series Ventures at Centap Startup Cafe located in Haeundae-gu, Busan. Seven startups from Busan and Ulsan discovered by the Fund will present innovative business ideas to investors such as venture capitalists (VCs). Notably, the entire event will be streamed live on YouTube to enable participation from a wider range of investors.

Since launching the private investment attraction platform YouConnect in July last year, the Fund has been striving to invigorate the private investment market by matching startups with growth potential and investors. Additionally, leveraging this event, the Fund plans to expand collaboration with Busan city and related local organizations to further strengthen investment attraction support activities.

A representative from the Fund stated, “We hope this demo day will be an opportunity for the Fund’s innovative startups not only to attract investment but also to find partners to grow together,” adding, “We will further expand YouConnect’s regional events to contribute to revitalizing the local startup ecosystem.”

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