DB Insurance Hosts 'Traffic Environment Challenge 4th Cohort' Social Venture Event

DB Insurance announced that it held the 'DB Insurance Traffic and Environment Challenge 4th Social Venture Conference' with the Korea Productivity Center on the 14th. Participants are taking a commemorative photo at the Traffic and Environment Challenge Social Venture Conference held on the 14th at Studio 159, COEX, Samseong-dong. Photo by DB Insurance

[Asia Economy Reporter Changhwan Lee] DB Insurance announced on the 19th that it held the ‘DB Insurance Transportation and Environment Challenge 4th Cohort’ Social Venture Conference on the 14th at COEX in Samseong-dong, Seoul, in collaboration with the Korea Productivity Center.

The ‘DB Insurance Transportation and Environment Challenge’ is a social contribution project hosted by DB Insurance, organized by the Environmental Foundation and the Korea Productivity Center, and supported by the Ministry of Environment.

The Social Venture Conference is an event to share the achievements of the five teams that were finally selected as the 4th cohort social ventures last September.

This year, along with the social achievements created by the 4th cohort, a VC (Venture Capital) panel talk was held as a platform for exchange aimed at sustainable growth.

Presentations of achievements by each company also followed. Companies such as ‘Gray2Paste’, which develops a school bus solution utilizing GPS (Global Positioning System)-based AI (Artificial Intelligence); ‘Juchajang Mandeuneun Saramdeul’, which develops a parking sharing platform using idle parking spaces; and ‘Shellpia’, which develops eco-friendly deicing materials by upcycling oyster shell waste, introduced their projects and achievements and revealed their future growth plans.

A DB Insurance official said, “Through this event, we provided opportunities for networking by bringing together previous cohorts, the 4th cohort, and VCs, and it was a meaningful time to share the achievements of the ‘DB Insurance Transportation and Environment Challenge’ with many people.”

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