Celltrion Supports 'Incheon Startup Park' to Build Songdo Bio Valley
Participation in the Incheon Startup Park Opening Ceremony
[Asia Economy Reporter Kim Ji-hee] On the 25th, Celltrion participated in the opening ceremony of the ‘Incheon Startup Park’ hosted by Incheon Metropolitan City and the Incheon Free Economic Zone Authority, expressing its commitment to building a bio valley in Songdo and fostering bio startups.
The opening ceremony of the Incheon Startup Park held at the Songdo Startup Park in Incheon was attended by Seo Jung-jin, Honorary Chairman of the Celltrion Group; Kwon Chil-seung, Minister of SMEs and Startups; Park Nam-chun, Mayor of Incheon Metropolitan City; and Cho Yong-byeong, Chairman of Shinhan Financial Group. The Incheon Startup Park development project is a support and development initiative for startups divided into the public-led program ‘POOM’ operated by Incheon Technopark and ‘S Bridge: Incheon’ (hereinafter Shinhan Square Bridge), led by a private consortium of Shinhan and Celltrion.
The Shinhan Square Bridge program, in which Celltrion participates, launched its first group consisting of about 80 companies last November, covering three tracks: accelerating for rapid growth and investment attraction through short-term support, incubation for strengthening business capabilities and growth support, and global membership for global market entry and investment linkage, and has now entered full operation.
Celltrion jointly developed a detailed fostering program in the ‘bio convergence’ field together with Shinhan for this program. For a total of five selected companies through screening, specialized support programs are provided by theme, including ▲ linkage to professional consulting ▲ support for demonstration resources ▲ development of collaboration models ▲ global market entry and investment linkage.
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A Celltrion official said, “The opening of this Startup Park is the first step in the efforts of the Celltrion Group’s investment and win-win cooperation plan centered on Songdo, Incheon Metropolitan City, as part of Vision 2030,” adding, “Celltrion will continue to discover and support promising domestic startups to further activate support and do its best to help Songdo grow into a global bio valley.”
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