KITA News
  • Trade Center Becomes Test Bed for Startups
    2019-09-10 hit 1098


    Trade Center Becomes Test Bed for Startups 


    - 45 companies, including Socar and Kmong, participated in KITA’s ‘COEX Startup Test Bed’ 1:1 Meet-up -


     


    The Korea International Trade Association (Chairman, Kim Young-ju) held 1:1 Meet-up to select the companies to participate in Startup Test Bed on September 10th at COEX in Samseong-dong.

     


    'COEX Startup Test Bed' provides Korean startups with the opportunity to try out various ideas and technologies to innovate services in the Trade Center, including shopping malls, exhibition halls, parking lots, city airport terminals, and aquariums.

     


    198 startups, including underwater drones to indoor autonomous robots, applied for the Test Bed and 47 companies selected through the document screening and expert review attended the meeting. Socar, the largest car sharing platform in Korea, and Kmong, the largest open market platform for freelancers participated in the meeting.

     


    An official from Twinny, a startup that develops indoor autonomous robots, said It is a good opportunity for us to commercialize the AI technology by applying it to the actual shopping mall and spread our technology and products widely.

     


    The startups finally selected through business meetings will embark on detailed discussions for business with the partners in the Trade Center such as COEX, Seoul Ocean Aquarium, Korea City Airport, and WTC Seoul. The Korea International Trade Association expects to introduce service innovations through the Test Bed in this year.

     


    Lee Dong-ki, Director of Innovative Growth Center at the Korea International Trade Association, said, We will make the area around the Trade Center in Samseong-dong, Korea's representative global business hub, as the place for startups’ activities. He stressed, We will continue to present a new paradigm for vitalizing the startup ecosystem by inviting overseas startups to COEX Test Bed next year and promoting mutual exchanges with overseas Test Beds.”


    <Key Companies Participating in COEX Startup Test Bed Business Meet-up>


    Business Partner

    Interest Area

    Meet-up with

    Major Startup

    Note

    WTC Seoul

    (Facilities/

    Infrastructure)

    Smart Office Rent,

    Smart Parking Lot,

    etc.

    14

    companies

    Socar

    -  Korea’s Largest Car Sharing Platform

    Twinny

    - Developing Indoor Autonomous Robots

     

    COEX

    (Exhibition/

    Convention)

    Exhibition/Convention

    job brokerage

    business,

    Registration of Event Participants, Business Matching

    17

    companies

    Kmong

    -  Korea’s Largest Open Market Platform for Freelancers

    xSync

    - Total Management of

      Exhibition/Convention

      Events

    COEX

    Aquarium

    Areas Applicable to Aquarium such as underwater robots

    7

    companies

    Science Show

    - Sportainment

      Technology

    HNY

    - Developing Underwater

      Drones for Leisure and

      Industries

    Korea City Airport Terminal (Travel / Limousine / Logistics)

    Virtual Reality Tour Bus, Baggage Storage / Shipping, etc.

    9

    companies

    Bellsoft

    - Unmanned Currency

      Exchange Service

    Dlogixs

    - Developing Sleep

      Induction Technology

      and Devices


     


     





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