Shinhan Financial Group Holds the 6th Shinhan Futures Lab Demo Day

The Largest Domestic Demo Day Event Featuring Startup Stakeholders from Home and Abroad
Showcasing Various Online Contents Including Startup Business Models, Success Stories, and Startup Explorations
Shinhan Futures Lab 7th Recruitment Starts, Offering S-Membership Benefits and Collaboration Opportunities with Large Corporate Partners

Shin Yong-byeong, Chairman of Shinhan Financial Group, is delivering a greeting in the opening video of the '6th Demo Day Event' hosted by Shinhan Future's Lab on the 7th.

[Asia Economy Reporter Kangwook Cho] Shinhan Financial Group announced that its startup incubation program, 'Shinhan Future's Lab,' the first of its kind in the domestic financial sector, will hold the '6th Demo Day' event for three days starting from the 7th under the theme of 'Startups that will create the N.E.O. (New Era of Opportunity) Renaissance of the Korean economy in the post-COVID-19 era.'

Shinhan Financial has traditionally held Demo Day as a large-scale offline event with about 2,000 participants annually, but this year, considering the COVID-19 situation, it decided to proceed online through the Shinhan Future's Lab YouTube channel.

At this event, Shinhan Financial prepared various startup-related programs based on three themes: △ Fintech △ Health & Medical Technology △ Digital Transformation, including invited speaker lectures and introductions of startup business models and success stories.

Additionally, video content featuring startup exploration with famous broadcaster Haha (real name Ha Dong-hoon), introductions of incubated companies by startup-specialized influencers, and startup alumni companies' founding stories and business success cases will be produced to enhance participants' interest.

Keynote speakers include Mark Lippert, current Head of YouTube Asia Policy and former U.S. Ambassador to Korea; Park Seri, current Olympic golf coach turned startup CEO; Kim Daeyoon, CEO of PeopleFund; and Woo Choonghee, CEO of InterVest, who will deliver in-depth messages on growth and response strategies for startups in the post-COVID-19 era.

Shinhan Financial Chairman Cho Yong-byeong said in a pre-recorded opening video, "'Neo Renaissance' means that in the digital new normal era, through new definitions and reinterpretations of existing methods, all participants in the startup ecosystem gain new opportunities," adding, "We will spare no support to help all startups participating in Shinhan Future's Lab gain new opportunities and leap toward success."

Since its launch in May 2015 with the first cohort, Shinhan Future's Lab has discovered and nurtured a total of 195 innovative startups, including 55 companies in the current 6th cohort, and has directly and indirectly invested a total of 33.1 billion KRW in domestic and overseas incubated companies. Furthermore, through collaboration with Shinhan Financial Group affiliates, it has developed about 160 joint services and achieved results such as selection for the Financial Services Commission's innovative services, leading digital transformation and open innovation.

Meanwhile, Shinhan Financial plans to recruit about 50 startups for the 7-1 cohort of Shinhan Future's Lab, including deep tech, media, content, commerce, and healthcare sectors, until January 3 next year. Selected companies will be offered 'S-Membership' benefits and opportunities to expand their business through collaboration with Shinhan Financial Group affiliates and large corporate partners.

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