KOTRA Holds Online Support Camp for Entry into Kansai, Japan

38 Korean Startups Participate

KOTRA has been holding the 'Kansai Market Entry Support Camp' online for two days since the 9th in Osaka, Japan, with 38 Korean startups participating. The photo shows staff members at the KOTRA Osaka Trade Center in Japan conducting a seminar remotely on the 10th. Photo by KOTRA

[Asia Economy Reporter Kim Ji-hee] KOTRA announced on the 10th that it has been holding the 'Kansai Entry Support Camp' online for two days since the 9th in Osaka, Japan, with the participation of 38 Korean startups.

This event consisted of programs including pitching, investment environment in the Kansai region, cases of foreign companies entering the market, unique Japanese business customs, Kyoto-style management methods, and the process of establishing a corporation. On this day, 22 domestic startups also participated in individual pitching sessions.

Earlier this year, KOTRA visited the Kansai Economic Federation in Japan and proposed expanding cooperation between startups of the two countries. Takuko Sawada, Chairperson of the Venture Ecosystem Committee of the Kansai Economic Federation, congratulated the event and said, "We will work harder with KOTRA to increase Korea-Japan economic cooperation." The Kansai Economic Federation plans to continue serving as a bridge between the two countries by strengthening open innovation for exchanges between large corporations and startups.

The Kansai region in Japan has many excellent academic institutions and is opening public and private incubation facilities one after another. In July, the Japanese government selected the Kansai region as a 'global hub city' for building a startup ecosystem. With increased local government support, the startup creation and nurturing system is expected to be strengthened. ICT, medical bio, and consumer goods are promising fields for startups.

Chang-sung Choi, Director of KOTRA Osaka Trade Center, said, "The Kansai region, representing Japan's second-largest economic zone, has great interest in Korean startups," and added, "As exchanges between our startups and Japanese venture capital increase, the possibility of Korean companies entering the local market is naturally expected to grow."

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