Martial Arts and Composite Materials Startup Competition 'Startup Booster' Awards Ceremony

Photo by Korea International Trade Association

[Asia Economy Reporter Kim Heung-soon] The Korea International Trade Association announced on the 5th that it held an awards ceremony for the 'Startup Booster' competition, which selects leading startups in the composite materials field, jointly with France's JEC Group at COEX in Samseong-dong, Gangnam-gu, Seoul.

This competition is a startup contest started in 2017 by 'JEC World,' the world's largest composite materials exhibition. This year's competition, held from the 3rd, saw 26 companies including startups, small and medium enterprises, and research institutes from the Asia-Pacific region in fields such as composite materials, new materials, and advanced materials apply, with 5 companies passing the preliminary round to advance to the final stage.

'Dongnam Realize' received the honor of winning. Dongnam Realize developed a new bio-plastic material boasting high durability, heat resistance, weather resistance, and impact strength by utilizing wood by-products, and was highly evaluated for realizing ESG (Environmental, Social, and Governance) values as it contains no environmentally harmful substances.

Dongnam Realize was awarded a prize of 3,000 euros and the right to advance to the Startup Booster final stage to be held in Paris, France, in March next year. Additionally, they will be given opportunities to pitch to global major companies in the composite materials field and participate in business meeting programs.

Lee Dong-gi, Head of the Innovation Growth Division at the Korea International Trade Association, said, "It is meaningful that a company realizing ESG values was awarded even in the composite materials field," adding, "We will actively support startups that will bring innovation to the composite materials sector in the future."

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