• KITA to Hold ‘Next Rise 2019, Seoul’
    2019-07-05 hit 565

    KITA to Hold ‘Next Rise 2019, Seoul’ 

    - Consultation opportunities by visiting 200 start-up booths, general participants such as small and medium-sized companies will be able to attend the event and lectures free of charge -


    The Korea International Trade Association (Chairman, KIM Young-joo) and the Korea Development Bank (Chairman, Lee Dong-geol) will hold ‘NextRise 2019, Seoul’ in cooperation with the Korea Venture Business Association, the Korea Venture Capital Association, and National Research Council of Science and Technology at COEX in Samseong-dong for two days from July 23rd.


    The event has been prepared to be the largest and the finest event targeting the global market from the planning stage by reflecting the voices of the field that there is no proper global start-up fair in Korea. The event will hold one-on-one business meetings, professional forums, and global open innovation (GOI) by inviting global start-ups, investors, conglomerates and experts and provide opportunities for Korean start-ups to expand into overseas.


    The characteristic of 'Next Rise' is that it keeps the practical point of view, one of the features of start-ups, from the start to the end of the event. An official from the Korea International Trade Association said, "We only selected the topics that will help Korean start-ups and invited speakers." The official added, "A number of well-known investment clubs from around the world, including Keiretsu Forum, Silicon Valley's largest angel club, Altos Ventures, Draper Athena (USA) and Red Point (Brazil) will participate in the event."


    The Korea International Trade Association will carry out one-to-one business meetings between Korean start-ups BASF and Lenovo through the ‘Fortune 500 Connect’ program for global companies’ open innovation. Samsung, Hyundai, Amazon and Airbus are planning introduce their open innovation strategies.


    Korean start-up support organizations will organically cooperate by taking separate roles: Meet-up with global companies and angel investors (Seoul Creative Economy Innovation Center) One-on-one business meeting (Hanwha Dream Plus) Seminar (Incheon Creative Innovation Center) Open innovation follow-up support (Seoul Startup Hub).


    Cho Sang-hyun, chief of Global Startup Center at the Korea International Trade Association, said, In order to create an innovation ecosystem in Korea, we are preparing for the 45 two-way open innovation meetings between partners, including Korean start-ups, overseas start-ups, large corporations, accelerators (AC) and venture capital (VC) during the event. We hope that the participants will achieve significant cooperation results."


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