Jungjingong, Innovation Startup Conference with Uganda

Startups Hoping to Enter Africa Participate in Online B2B Consultation Meeting

[Asia Economy Reporter Kim Cheol-hyun] The Small and Medium Business Corporation (Chairman Kim Hak-do, hereinafter referred to as SBC) announced on the 2nd that it will hold the Korea-Uganda Innovation Startup Conference and Business Consultation Meeting together with the UN Habitat Korea Committee at the Glad Hotel in Yeouido, Seoul.

This event is a follow-up measure to the memorandum of understanding signed in 2019 between SBC and UN HABITAT for fostering youth startups and entrepreneurship. UN HABITAT is a UN-affiliated international organization that supports sustainable urban development and the improvement of youth quality of life.

The conference will be attended by government officials and startup representatives from both countries, including Kim Moon-hwan, Head of SBC Global Growth Headquarters, Ha Byung-gyu, Ambassador to Uganda, David Bahadi, Uganda’s Minister of Finance, and Lwakakamba Morrison, Director of the Investment Authority. The event will be broadcast live online from both Korea and Uganda.

Korea will introduce SBC’s youth startup support programs and know-how in fostering startups. Jang Sung-eun, CEO of York, and Jin Yu-ha, CEO of Telma, who have succeeded in entering the African market, will also share their experiences.

In Uganda, government and industry officials will introduce the local startup ecosystem and industrial outlook, successful cases of startup support, and the current status of venture investment.

On the 2nd and 3rd, a Korea-Uganda B2B online business consultation meeting will also be held. About 40 companies, including graduates of the Youth Startup Academy hoping to enter the African market and local Ugandan buyers, will participate in matching consultations.

Kim Moon-hwan, Head of SBC Global Growth Headquarters, said, "Africa’s interest in the Korean startup ecosystem is intense," and added, "I hope this event, held together with UN HABITAT and the Ugandan government, will be a good opportunity to expand cooperation between the two countries and further activate the entry of small and medium ventures into the African market."

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