Busan City to Host Asia Startup Expo 'FLY ASIA 2023' in October

October 5-8 at BEXCO... Over 10,000 Attendees Expected Including Domestic and International Startups and Investors

Anticipated Growth of Promising Startups, Strengthening Global Network, and Establishment of Joint Investment Platform

Busan City will host the Asia Startup Expo ‘FLY ASIA 2023,’ supporting promising startups in attracting investment and expanding overseas through connections and cooperation among leading startup cities in Asia. The event will take place for four days from October 5 to 8 at BEXCO Exhibition Hall 2.

FLY ASIA 2023 Poster.

The ‘Asia Startup Expo’ was first held last year in Busan with the slogan ‘Connect Asia, Fly to the World,’ symbolizing the aspiration for Asian startups to take flight together in Busan.

This year, under the theme ‘From Cities to Startups,’ the event embodies the belief that startups can solve urban challenges.

This year’s program includes ▲opening and closing ceremonies ▲‘LP (Limited Partner) Summit’ and ‘Venture Capital (VC) Forum’ discussing the development of a venture investment ecosystem centered on international mother funds ▲‘Leaders Summit’ discussing cooperation among startup cities ▲‘Open Innovation’ with large corporations ▲‘Scale-up Showcase’ featuring IR pitching sessions by outstanding startups ▲‘FLY ASIA Awards,’ a startup competition to discover and connect promising Asian startups with investment ▲academic events (conferences) featuring keynote speeches by internationally renowned figures and lectures on major trends in the startup ecosystem ▲and ‘1:1 Meetups’ for business matching.

In particular, a new segment called ‘CINE FLY,’ specialized in film, video, and content, will be introduced in collaboration with the Busan International Film Festival’s Asia Contents Film Market (ACFM).

The ‘FLY ASIA Awards,’ a competition showcasing innovative startup technologies, aims to discover and award promising Asian startups while supporting investment connections and international expansion. Applications are open from July 26 until 6 p.m. on August 4 through the official ‘FLY ASIA’ website.

Applicants can apply for only one of the three categories: ‘Fly Awards,’ ‘Busan Initiative Awards,’ or ‘CINE Fly Awards.’ The ‘CINE Fly Awards’ category, newly established this year, is related to the film and video content industry.

After the application period ends and evaluations are conducted, 50 startups will be selected. During the main event, a final round will determine 10 winners who will receive a total prize of $180,000, with follow-up growth supported through matching with domestic and international investors.

Mayor Park Hyung-jun stated, “In uncertain and rapidly changing economic conditions, startups have provided creative solutions to social problems and created new economic platforms. We will develop ‘FLY ASIA’ into the largest startup event in Asia to help innovative startups grow and expand opportunities for investment attraction and overseas advancement.”

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