Mercedes-Benz Korea "Fostering Startups Participating in Autoban with the Korea International Trade Association"

[Asia Economy Reporter Changhwan Lee] Mercedes-Benz Korea announced on the 29th that it has signed a Memorandum of Understanding (MOU) for cooperation with the Korea International Trade Association and Daimler Group's startup nurturing platform, 'STARTUP AUTOBAHN,' at COEX in Samseong-dong, Seoul.

STARTUP AUTOBAHN is a global open innovation platform established by the Daimler Group in 2016 to discover promising startups and build cooperative systems. It provides startup companies with expert mentoring, networking opportunities, investment attraction opportunities through venture capital (VC), and, if necessary, supports workspaces and development equipment.

Through the signing of the MOU, the Korea International Trade Association plans to share the accumulated experiences and know-how of numerous startups with participating companies and develop government policies to facilitate smooth cooperation between large corporations and startups.

Mercedes-Benz Korea offers participating companies the opportunity to explore possibilities for collaboration with overseas companies, including Daimler headquarters in Germany, based on their excellent technology and business ideas, while also providing opportunities to create synergy through cooperation with the Korea International Trade Association.

Thomas Klein, CEO of Mercedes-Benz Korea, said, "We are pleased to provide companies participating in STARTUP AUTOBAHN with various opportunities for organic collaboration with different companies through cooperation with the Korea International Trade Association." He added, "We will continue to actively support the STARTUP AUTOBAHN partners and open innovation ecosystem to enable startups to grow sustainably and stably."

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