A Total Prize of 180 Million KRW for the Outstanding Team

Shinhan Open Innovation 6th Recruitment... Total 36 Companies Selected View original image


[Asia Economy Reporter Yu Je-hoon] Shinhan Financial Group announced on the 21st that it is recruiting startups to participate in the 6th Shinhan Open Innovation through its startup incubation platform 'Shinhan Square Bridge Seoul,' which it operates, until the 18th of next month.


Shinhan Open Innovation is a core program of Shinhan Square Bridge Seoul that matches technology-based startups with demand companies (large and medium-sized enterprises) seeking to adopt innovative technologies possessed by startups, supporting business linkage and collaboration.


This 6th recruitment is open to any startup (corporation) established less than 7 years ago. A total of 36 startups will be selected, and startups chosen as outstanding teams will receive a total prize of 180 million KRW.


The demand companies participating in the 6th round are four companies: Shinhan Bank, Shinhan Financial Investment, Shinhan Life, and Asia Trust. Six startups (a total of 36 companies) will be selected from six departments including the Data Science Unit, Anti-Money Laundering Department, ESG Strategy Office, Server Development Chapter, Healthcare Business Team, and Digital Innovation Team to discuss collaboration. The recruitment technology fields include big data, artificial intelligence (AI) machine learning, ESG, healthcare, AI OCR, and digital transformation.


Selected startups will be provided with programs such as one-on-one dedicated coaching and specialized lectures on B2B and B2C business to support collaboration including joint research and development (R&D) and PoC verification. In addition, all selected teams will be given opportunities to participate in the Shinhan Square Bridge integrated IR competition and integrated open innovation.



Meanwhile, through the operation of the 1st to 4th rounds of Shinhan Open Innovation, a total of 28 collaborations were achieved in areas such as PoC, investment, R&D, and joint promotion. In addition, numerous supply contracts and joint overseas expansions were pursued.


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

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