Gyeonggawon Establishes Foundation for Local Startups' Global Expansion to Germany and France... MOU Signed

Kang Sung-cheon, President of Gyeonggi-do Economic Science Promotion Agency (center), took a commemorative photo on the 15th (local time) at the 'VivaTech 2023 Gyeonggi DX Hall' after signing a business agreement (MOU) between Gyeonggi-do Economic Science Promotion Agency, CPR, and KIC Europe with Lionel Grotto, CEO of CPR (left), and Hwang Jong-woon, Head of KIC Europe Center.

The Gyeonggi-do Economic Science Promotion Agency signed a Memorandum of Understanding (MOU) with the Paris Region Investment Promotion Agency (CPR) and the Global Innovation Center (KIC Europe) at Viva Technology 2023, Europe's largest startup event held in Paris on the 15th (local time), to establish a global startup ecosystem.

Through this agreement, the three organizations will strengthen cooperation in various areas, including ▲joint discovery of promising global startups ▲development of joint programs to support global technology commercialization of startups ▲sharing startup ecosystems and providing information mutually.

Gyeonggi-do Economic Science Promotion Agency pursued this agreement as part of 'strengthening support for global expansion of small and medium-sized ventures' and 'creating an innovative startup ecosystem.' Through this MOU, it is expected that a global cooperation system connecting Gyeonggi-do, Paris, and Berlin will be established, facilitating more active local market entry for SMEs and startups in the province.

Kang Seong-cheon, Director of the Gyeonggi-do Economic Science Promotion Agency, stated, "This agreement has laid the foundation for the global expansion of Gyeonggi-do startups," adding, "We will continue to make efforts to support the global expansion of startups in the province not only in Europe but also in Silicon Valley, Southeast Asia, and the Middle East."

Prior to this, on the 14th, Director Kang met with Philip Kobener, Senior Investment Attraction Officer of GTAI (Germany Trade & Invest), at the Viva Technology Gyeonggi-do pavilion to discuss ways for Gyeonggi-do startups to enter the German market, and also held a meeting with officials from the Luxembourg Ministry of Economy.

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