Martial Arts, 'Global Startup School 3rd Cohort' Demo Day Held

(Photo by Korea International Trade Association)

[Asia Economy Reporter Jeong Hyunjin] The Korea International Trade Association announced on the 26th that it held the '2021 Global Startup School 3rd Cohort' Demo Day jointly with The Invention Lab and Kyungdong Invest at the COEX Startup Branch in Seoul.

The Global Startup School is a program that discovers promising startups with high potential for overseas expansion and provides opportunities such as acceleration through education and mentoring, investment attraction linkage, and participation in follow-up projects of the Trade Association. Since its start in February, 125 startups applied for the 3rd cohort, and among them, 8 selected teams participated in the final demo day held the day before.

The 8 teams presented their achievements and future roadmaps to corporate venture capital (CVC) and accelerator (AC) representatives from Kyungdong Invest, KB Kookmin Card, Megazone Cloud, Commax Ventures, and project managers from the Trade Association. Among them, four teams?'Jalla', a data-based video editing program; 'Beauty Makers', a cosmetics manufacturing platform; 'Pearson', a startup HR management platform; and 'C-Air Hub', an import-export support solution?each received 5 million KRW in R&D support funds from Kyungdong Invest.

Park Sebum, Director of the Global Training Office at the Trade Association, said, "We will not only support the four teams that received sponsorship but also all teams participating in the Startup School by reviewing seed and pre-Series A investments, open innovation, and linkage with association projects, providing multifaceted support without hesitation."

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