'Herb Hour Week' Seoul Startup Hub, 1-on-1 Investment Matching for 30 Companies

Participation of 5 Investors Including Korea Investment Accelerator... Customized Investment Consultation, Startup Consulting & Fundraising

[Asia Economy Reporter Lim Cheol-young] Seoul Startup Hub, operated by the Seoul Business Agency (SBA), a support organization for small and medium enterprises (SMEs) and startups that enhances their competitiveness, announced on the 25th that it will hold the 1st ‘Seoul Startup Hub Gongdeok Hub Hour Week’ for five days starting from the 29th.

The Seoul Startup Hub Gongdeok Hub Hour Week was planned to promote in-depth investment reviews and increase the possibility of investment attraction, including supporting the growth of promising startups at Seoul Startup Hub, through one-on-one investment review meetings between investors and startups.

The event, held for a week from the 29th to the 2nd of next month in the meeting rooms on the 3rd floor of Seoul Startup Hub Gongdeok, will feature about 30 startups selected directly by investors, who will conduct one-on-one investment attraction meetings with investors suited to the characteristics of each company.

Participating investors include a total of five companies: ▲SparkLabs ▲Hanyang University Technology Holdings ▲Daesung Startup Investment ▲Korea Investment Accelerator ▲Next G Investment, who will collaborate with Seoul Startup Hub to conduct investment reviews.

Kim Jong-woo, Head of the Startup Division at Seoul Business Agency, said, "Due to the increase in the base interest rate, the scale of venture capital fund investments is gradually shrinking, resulting in poor investment attraction for startups. To help domestic startups somewhat overcome this crisis, we directly invited investment institutions and created an opportunity for promising companies at Seoul Startup Hub to receive investment consultations."

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