Venture Business Association Strengthens Cooperation with Maryland, USA... "Expecting to Lead Innovation in New Industries"

The Korea Venture Business Association and the state of Maryland in the United States held a business luncheon event to discuss support measures for Korean venture companies entering the U.S. market. Kang Sam-gwon, Chairman of the Korea Venture Business Association (left), Larry Hogan, Governor of Maryland (right), and his wife, Yumi Hogan.

[Asia Economy Reporter Kim Bo-kyung] The Korea Venture Business Association met with the Governor of Maryland, USA, to introduce the current status of Korean venture companies and discuss ways to enter the U.S. market.

On the 16th, Kang Sam-kwon, Chairman of the Korea Venture Business Association, held a luncheon event at Pilgyeongjae in Gangnam, Seoul, with Governor Larry Hogan of Maryland and his spouse, state government officials, and representatives of major domestic startups and venture companies. At this event, they discussed issues in the venture ecosystem and signed a memorandum of understanding to support Korean venture companies' entry into the U.S. market.

The association and the Maryland state government agreed to support and exchange information to facilitate the entry of Korean venture companies in the fields of life sciences, information and communication, cybersecurity, advanced manufacturing, aerospace, and renewable energy into the U.S. market.

In particular, they plan to ▲ strengthen information exchange and cooperation for the development of eco-friendly and advanced industries in both countries, ▲ provide opportunities to participate in Maryland's 'Global Gateway Initiative,' and ▲ offer local information and networks within Maryland to expand the global market in eco-friendly and advanced industry sectors.

Additionally, companies such as Intellian Technologies, DariSoft, and BeMyFriends attended the event to introduce their global business activities and requested Maryland's cooperation for entry into the North American market.

Chairman Kang stated, "We hope that Korean venture companies will create successful cases leading innovation in global new industries through exchanges with Maryland and contribute to the economic development of both countries."

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