SME/Startups | BusinessKorea

Monday, January 23, 2017

SME/Startups

David Sehyeon Baek, Director of Global Cooperation at GCCEI
Consistency Needed
12 January 2017 - 1:00pm
Gyeonggi Center for Creative Economy and Innovation (GCCEI) has been a new buzzword in town because of its unique model of the collaboration between the Korean central or local governments and large...
Yoo Chang-hun, CEO of Ssenstone
Integrated Authentication Startup
9 January 2017 - 12:00pm
Ssenstone (www.SSenStone.com), a security authentication solution provider announced that the company aimed to reach 5 billion in sales at home overseas and 2 billion won in sales abroad this year in...
The Korean government launched the Hidden Champion Project for this year on January 4, which consists of the World Class 300 & Global Industry Leader Project and the Global Hidden Champion Project.
Korean Hidden Champions
5 January 2017 - 1:15pm
The Small & Medium Business Administration and the Ministry of Trade, Industry & Energy announced the launching of their Hidden Champion Project for this year on January 4. The project is...
Shin Se-eun (right of the center), CEO of BbuzzArt and its employees.
Art Social Platform
5 January 2017 - 11:30am
BBuzzArt, a developer of a global art social platform, successfully induced KRW 2 billion won worth of investment. K-ICT, a start-up support-specialized organization, announced on January 4 that...
Korean Venture Organizations Open Trade Brokering Platform 'Global Ventures'
Trade Platform
3 January 2017 - 12:15pm
The Small and Medium Business Administration (SMBA) and the Korea Venture Business Association (KVBA) officially opened a platform for trade brokerage with foreign buyers to promote Korean small and...
The number of venture firms which surpassed 100 billion won (US$82.47 million) of sales increased seven times to 474 after 2004.
Success Story
29 December 2016 - 10:15am
Regardless of economic recession, innovative products made by venture firms have been selling like hotcakes. According to “2016 Venture Firm Survey” released by the Small and Medium Business...
The Korean government has unveiled a plan to foster 50 global star ventures by 2020 at TIPS 2020 Vision Proclamation Ceremony.
Tech Incubator Program
23 December 2016 - 12:00pm
By 2020, the Korean government unveiled its vision to foster 1,200 Tech Incubator Program for Startup Korea (TIPS) business foundation teams and draw 3.8 trillion won (US$3.4 billion) in private...
The Small and Medium Business Administration (SMBA) signed an MOU with France-based venture capital firm Idinvest Partners on Dec. 13 to create a joint fund worth 120 billion won (US$102.83 million).
Joint Fund Creation
14 December 2016 - 2:30pm
The Small and Medium Business Administration (SMBA) and Korea Venture Investment signed a memorandum of understanding (MOU) with France-based venture capital firm Idinvest Partners on December 13 to...
An image of Blocko’s CoinStack v3.0, the first blockchain technology obtaining the First Class Good Software (GS) Certification.
Blockchain Technology
14 December 2016 - 2:15pm
Blocko (https://www.blocko.io/index_en.html), a blockchain startup, announced on December 12 that its blockchain development platform “CoinStack v3.0” received the First Class Good Software (GS)...
Heads of seven Korean startups pose at Uppsala Innovation Center (UIC) in Sweden on Dec. 8 (local time).
GCCEI’s Startup Acceleration
12 December 2016 - 1:15pm
The Gyeonggi Center for Creative Economy and Innovation (GCCEI) announced that its incubated seven startups participated in a pitching event held at the Uppsala Innovation Center (UIC) in Sweden on...
Navdy’s head-up display is showing a car navigation service.
Harman’s First Acquisition
8 December 2016 - 10:30am
Harman, a US-based company recently acquired by Samsung Electronics for US$ 8 billion, invested in a US head-up display start-up. This is the first investment move by Harman since Samsung’s...
Chinese capitals are actively pursuing investment opportunities for domestic virtual reality (VR) and augmented reality (AR) start-ups.
Cautions Needed
7 December 2016 - 11:15am
Giant Chinese capitals are actively pursuing investment opportunities for domestic virtual reality (VR) and augmented reality (AR) start-ups. On the contrary, Korean venture capital (VC) firms is...

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