Identifying Corporate Challenges and Seeking Solutions

The Korea Bio Association announced on the 30th that the first quarter 2023 "Visiting Regional Bio Caravan" event was held on the 28th in Chuncheon, Gangwon Province.


Bio Association Holds 'Visiting Regional Bio Caravan' in Gangwon View original image

Hosted by the Ministry of Trade, Industry and Energy and Gangwon Province, and co-organized by the Bio Association, the Korea Bio Specialized Center Council, and the Chuncheon Bio Industry Promotion Agency, this event was linked with the Ministry’s regional infrastructure project performance sharing meeting. It introduced market trends and support project information through expert lectures related to promoting the commercialization of bio companies and Q&A sessions addressing difficulties faced by local companies. One-on-one consulting between locally based companies and bio-specialized venture capitalists was also provided.


About 100 people attended the event, including Song Young-jin, Director of the Bio Convergence Industry Division at the Ministry of Trade, Industry and Energy; Yuk Dong-han, Mayor of Chuncheon; Yoon In-jae, Director of the Gangwon Province Industry Bureau; Lee Seung-gyu, Vice Chairman of the Korea Bio Association; Ahn Taek-won, Chairman of the Korea BT Specialized Center Council; and Kim Chang-hyuk, Director of the Chuncheon Bio Industry Promotion Agency.


At the Ministry’s regional infrastructure project performance sharing meeting, Kim Han-seok, Head of Strategic Planning at the Chuncheon Bio Industry Promotion Agency, gave a presentation titled "Achievements in Fostering Chuncheon’s Bio Industry," and Park Young-shin, Executive Director of U-BioLogics, presented on "Cases of Fostering Chuncheon Bio Companies." This was followed by expert presentations as part of the Bio Caravan. During the Q&A session, experts discussed the main difficulties of local companies identified through prior surveys, and on-site questions and answers were conducted.


Lee Seung-gyu, Vice Chairman of the Korea Bio Association, stated, "We will continue to create opportunities to resolve the difficulties of local companies through the Caravan events."



Meanwhile, this year’s Bio Caravan events will be held four times in total, starting with the Gangwon region. Through these events, the association aims to discover success stories of local companies linked with the regional infrastructure project performance sharing meetings, share know-how, and provide a platform for communication among regional companies.


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

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