KITA to Hold ‘Next Rise 2019,
- 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."