Changjinwon-Nurtured Startups Lay Foundation for Global Expansion at CES

‘K-STARTUP Integrated Pavilion’ Participation
Zcrypto Wins Grand Innovation Award

University startup companies nurtured by the Korea Institute of Startup & Entrepreneurship Development (KISED) are laying the foundation for global expansion at CES, the world's largest electronics and IT exhibition.

The 'K-STARTUP Integrated Pavilion' at CES, the world's largest electronics and IT exhibition held in Las Vegas, USA, from the 9th [Photo provided by the Korea Startup Promotion Agency]

KISED announced on the 11th that seven startup companies discovered and nurtured by entrepreneurship-centered universities participated in CES held in Las Vegas, USA. Entrepreneurship-centered universities are a startup support project launched in 2022 through collaboration between universities with excellent technology startup infrastructure and collaboration networks and KISED. The project was initiated to intensively foster university startups and revitalize local startup ecosystems.

The seven startup companies supported by entrepreneurship-centered universities participating in the ‘K-STARTUP Integrated Pavilion’ at CES are NeuroYears from Kangwon National University, Mimetics and Entertake from Sungkyunkwan University, ActiveBooky from Jeonbuk National University, and NextPayments, AIMD, and ZCrypto from Hanyang University.

KISED explained, “These companies have advanced their business models (BM) using university-owned infrastructure, developed sales channels, and attracted investments through customized startup support programs tailored to each growth stage, making their entry into the global market a significant success story for regional startups.”

In particular, ZCrypto, co-founded by Professor Oh Hyun-ok of Hanyang University, received the highest innovation award again this year in the ‘Cybersecurity & Privacy’ category for its voting system ‘zKvoting’ that utilizes blockchain and cryptographic technology.

Kim Yong-moon, President of KISED, said, “Starting with this CES participation, we will prepare various support programs to enable startup companies with innovative technologies from entrepreneurship-centered universities to continuously challenge the global market.”

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