KOTRA to Host Startup Overseas Expansion Event 'Innogate 2022'

Starting from the 6th of Next Month... Over 300 Companies Including VC Accelerators and Buyers to Attend

[Asia Economy Reporter Han Yeju] KOTRA has stepped up to help startups enter overseas markets.

KOTRA announced on the 13th that it will hold 'InnoGate 2022,' a comprehensive event for startups' overseas expansion, starting from the 6th of next month.

Now in its second year, the InnoGate event will be attended by over 300 companies including global corporations, venture capital (VC), corporate venture capital (CVC), accelerators, buyers, and startups from around the world. Various programs such as a startup overseas expansion strategy forum, demo day, and online showcase will be held.

First, on October 6th, the Startup Overseas Expansion Strategy Forum will be held at Community House Masil in Myeongdong, Seoul. The forum will focus on survival strategies for startups through overseas expansion under the theme "Turning Crisis into Opportunity." Kumardev Chatterjee, a member of the World Economic Forum Advisory Board and founder of the world's largest metaverse startup valued at $500 million from the UK, will participate as the keynote speaker. Additionally, 15 domestic and international experts including representatives from Hong Kong's Alibaba Entrepreneurs Fund and the US-based open innovation accelerator Plug and Play will present various strategies.

Following this, on October 7th at the same venue, the Innovative Startup Demo Day will take place. At the demo day, a representative from Merck Electronics will listen to technology pitches from startups in the semiconductor and display sectors and identify startups for collaboration. Furthermore, investment pitch opportunities will be given to startups selected through preliminary screening by invited judges from prominent domestic and international venture capitals such as 500 Global and Techstars.

Moreover, KOTRA will collaborate with the Social Enterprise Promotion Agency and the Yeolmae Nanum Foundation to hold a 'Social Venture Overseas Expansion Competition' to support social ventures' overseas expansion.

The 'Startup Online Showcase Week,' held online from the 11th to the 14th, provides a great opportunity for startups to showcase their services and technologies to overseas partners. Participating startups can set IR pitching times tailored to their target markets on the InnoGate website, and interested overseas partners can join through pre-registration.

Yoo Jung-yeol, president of KOTRA, said, "InnoGate is a venue where global companies, leading overseas investors, and overseas startups gather, providing an unparalleled opportunity for our startups," adding, "KOTRA will actively support innovative technology startups to overcome difficult times through overseas expansion."

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