SME/Startups | BusinessKorea

Friday, October 20, 2017

SME/Startups

Chinese internet business company Tencent will resume its investment in Korean content companies amid the Chinese government’s restriction on Korean products and services since the deployment of the THAAD in Korea.
Amid THADD Retaliation
16 October 2017 - 11:00am
Chinese internet business company Tencent will resume its investment in Korean content companies with great growth potential. It is forecast that Tencent’s resumption of investment in Korean contents...
Kim Bong-jin, CEO of Woowa Brothers and Sisters, a representative start-up in Korea, said that 70% of the top 100 global start-ups will not be able to do business in Korea as they will violate the laws.
Criticizing Regulations
28 September 2017 - 4:30pm
"If the top 100 global start-ups make a foray into Korea, 70% of them will not be able to do business as they will violate regulations." Kim Bong-jin, CEO of Woowa Brothers and Sisters, a...
The number of venture companies that posted sales of 100 billion won (US$88.14 million) in 2016 was 513, up 39 companies from 474 a year ago.
100 Billion Club
26 September 2017 - 11:30am
Small and mid-sized and venture companies have become a growth engine for South Korea’s economy amid the economic downturn at home and abroad. The number of venture companies surpassing 100 billion...
International trade experts and entrepreneurs posing for a picture with Korea Federation of SMEs Chairman Park Sung-taek (seventh from the left in the front row) after KBIZ Global Forum 2017 on September 23
Northeast Asian Economic Community
25 September 2017 - 3:45pm
The Korea Federation of SMEs held KBIZ Global Forum 2017 in Irkutsk, Russia on September 23. The forum was attended by more than 70 South Korean and Russian international trade experts and Eom Ki-...
Jung Yu-shin, chairman of the FinTech Center of Korea poses with Marc Rudolf, head of Asia Division at Greater Zurich Area AG at KINTEX in Goyang City, Gyeonggi Province, Korea on September 13.
Promoting Fintec Industry
15 September 2017 - 11:15am
The Korea-based FinTech Center held recently the “20th FinTech Demo Day” in Korea, attended by related personnel from the Financial Services Commission, Financial Supervisory Services and relevant...
Mike Herrington (center), head of the GERA, and Kum Gi-hyun (right), KEF Secretary General, pose for a photo after signing a sponsorship agreement between GERA and KEF in Kuala Lumpur, Malaysia in February this year.
Global Entrepreneurship Monitor Meeting
15 August 2017 - 11:15am
The Korea Entrepreneurship Foundation (KEF) announced that the general meeting of the Global Entrepreneurship Monitor (GEM) for next year takes place in South Korea in February 2018 based on the...
The exports by Korean venture companies rose 16.0% to US$9.98 billion in the first half of this year from the same period of the previous year.
Contributor to Exports
14 August 2017 - 12:45pm
Korean venture companies’ exports this year are expected to chalk up double-digit growth in seven years. According to the Korea International Trade Association (KITA) on August 11, exports by Korean...
Amie Kaufman (left) and Jay Kristoff, internationally bestselling authors of science fiction novels.
Story-based Simulation Game
3 August 2017 - 6:45pm
Amie Kaufman and Jay Kristoff, internationally bestselling authors of science fiction novels, will visit South Korea on August 7 to attend a production press conference of a domestic game developer....
The Korean government will add a total of 870 billion won (US$783 million) in a new fund of funds.
Promoting Small Businesses
27 July 2017 - 12:30pm
The Ministry of SMEs & Startups and the Korea Venture Investment Corporation announced on July 26 that they add a total of 870 billion won (US$783 million) in a new fund of funds. This has to do...
The Ministry of Small and Medium Venture Business was established as the National Assembly's General Assembly passed the Government Organization Act on July 20
Gov’t Reorganization
21 July 2017 - 11:45am
The new ministry’s core business of is to bring out an innovative economy centered on small and medium-sized enterprises (SMEs) and venture start-ups by correcting the nation’s economic structure...
From left: AEB IT Specialist Fedor Akimov and Paycock CEO Kwon Hae-won
Simpler Platform
12 July 2017 - 9:45pm
Paycock, a member company of the K-ICT Born2Global Center, a major Korean government agency under the Ministry of Science, ICT and Future Planning (MSIP), announced July 12 that it has signed a...
The Korean pavilion at the Echelon Asia Summit 2017.
Strengthening Networks
6 July 2017 - 2:45pm
The Gyeonggi Center for Creative Economy & Innovation (GCCEI) announced that it helped Korean top startups participate in the Echelon Asia Summit 2017 held in Singapore for two days from June 28...

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