Large Corporations Propose Challenges, Startups Solve and Collaborate
Ministry of SMEs and Startups "To Include in Next Year's Citizen Participation Budget Projects"

Daesuta Solution Platform Awards 'Aenpoli' and 'Sseuromainde' Grand Prize View original image

[Asia Economy Reporter Kim Bo-kyung] The Ministry of SMEs and Startups announced on the 19th that ANPoly and Surromind won the championship and grand prize at the 'Daestar Solver Platform' King of Kings competition. The two companies will each receive a prize of 30 million KRW and 100 million KRW in commercialization funds.


The Daestar Solver Platform is a project that solves challenges presented by large corporations through collaboration with startups, promoting mutual innovative growth.


This year's King of Kings competition featured promising startup items from the first round on the 4th Industrial Revolution and the second round AI Championship, where the top-ranked companies from each challenge competed and outstanding companies were awarded. From 23 companies, a final six (three from the first round and three from the second round) were selected through evaluations by a professional judging panel and an audience evaluation panel.


ANPoly, the grand prize winner of the first round, presented a high-performance, biodegradable packaging material development technology using eco-friendly advanced materials (nanocellulose) extracted from wood. Shinsegae Food participated as the demand company for this challenge. Shinsegae Food requested a solution for developing eco-friendly packaging materials dedicated to the rapidly increasing meal kit market.


ANPoly received expert evaluations stating that "if collaboration with large corporations proceeds successfully, it will contribute to reducing environmental pollution through eco-friendly delivery services." With the increase in the proportion of fresh food online sales and the expansion of the non-face-to-face delivery market due to COVID-19, the audience evaluation panel responded positively to its future value.


Surromind, the grand prize winner of the second round, carried out the 'Noise Inspection-Based Defective Parts Detection System Advancement Challenge' proposed by LG AI Research Institute. They utilized supervised learning-based abnormal data classification and semi-supervised learning-based anomaly detection models.


Surromind was evaluated as having very high potential for business development as a technology with scalability to various fields if technological advancement through expanded inspection data is achieved.


Coconut Lab, Minds & Company, Vinature Bio Lab, and Raon Data received excellence and encouragement awards (prizes ranging from 10 to 20 million KRW and 100 million KRW in commercialization funds) and will proceed with collaboration with large corporations.



Kang Sung-chun, Vice Minister of the Ministry of SMEs and Startups, stated, "Starting next year, we will formally include the Daestar Solver Platform as a national participatory budget project to actively support promising startups with creative ideas in response to the diverse collaboration demands between large corporations and startups."


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

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