Minister Lee Young Visiting France Urges Active Investment in K-Startup

Lee Young, Minister of SMEs and Startups.

On the 15th (local time), the Ministry of SMEs and Startups announced that Korean startups interacted with local organizers and investors at 'Viva Technology 2023' (Vivatech) held in Paris, France.

On this day, Vivatech held a luncheon meeting called 'K-lunch' for the Korean delegation selected as the 'Country of the Year.' From the Vivatech organizers, 25 key figures from partner companies such as Maurice L?vy, Pierre Louette co-chairs, BNP PARIBAS, LVMH (Louis Vuitton Mo?t Hennessy), and ORANGE attended. From the Korean side, 25 participants including Minister Lee Young of the Ministry of SMEs and Startups, heads of startup-related organizations such as the Korea Institute of Startup & Entrepreneurship Development and the Creative Economy Innovation Centers, as well as representatives of Korean companies' local subsidiaries participated.

At the event, attendees exchanged various opinions on strengthening cooperation so that members of the Korean and French startup ecosystems can connect, grow together, and enable K-startups to use Europe as a stepping stone to challenge the global market.

In the afternoon, a networking program for global investment attraction of Korean startups called 'Korean Night' was also held. Hosted by the French global venture investment firm 'Korelya Capital,' it provided an opportunity to introduce and communicate with European local venture investors about 45 Korean startups participating in the Vivatech 'K-Startup Pavilion.'

Minister Lee Young of the Ministry of SMEs and Startups stated, "I ask for much interest and active investment, believing in the innovation, spirit of challenge, and potential of startups," and added, "Starting with Paris, the startup hub of Europe, I hope the Korean and European startup ecosystems will be strongly connected."

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