The Ministry of SMEs and Startups (Minister Lee Young) and the Korea Institute of Entrepreneurship and Entrepreneurship Development (Director Kim Yong-moon) held the ‘CES 21 K-Startup Review Seminar’ at the National Assembly Hall on the 2023st (Tuesday) together with the National Assembly startup research and support group ‘Unicorn Farm’. held.
Unicorn Farm is a National Assembly startup research and support group launched in November 2022, with a total of 11 members participating, led by Rep. Kang Hoon-sik (Democratic Party of Korea) and Rep. Kim Seong-won (People Power Party) as co-representatives, and is preparing measures to support startup growth. It is being actively operated with the goal of:
This seminar was held under the theme of ‘What CES 2023 Eureka Park left behind, the direction for Korean tech startups’, and was promoted to share the experiences and achievements of K-startups participating in CES 2023 and seek ways to provide global support. . Seven Point One (CEO Hyunjun Lee) participated in CES 2023 as a health tech company and highlighted the ‘K-STRATUP Integration Pavilion’ at Eureka Park, a startup zone.
Seven Point One introduced ‘AlzWIN’, an AI-based non-face-to-face testing solution that analyzes user conversations to early determine whether a person is at high risk for dementia. As the elderly population rapidly increases around the world, we are entering an era in which the number of patients overwhelmingly outnumbers the manpower to care for them. This is part of a healthcare solution to efficiently respond to the aging era and improve the quality of life of patients.
Hyunjun Lee, CEO of Seven Point One, said, “Through Altwin, we had the honor of being selected for the Innovation Award at this CES, and as a result, we were able to meet several local buyers and investors who wanted to collaborate with us.” He added, “During the exhibition, “About 4 people visited our booth over four days, and in particular, we met with the world’s largest pharmaceutical company to discuss collaboration to date, giving the company an opportunity to grow by leaps and bounds,” he said.
CEO Lee explained that the expectations of overseas users for healthcare solutions are also acting as an opportunity for the company. He said, “In the U.S. market, where the burden of private medical expenses is high due to high dependence on private insurance, there is a significant demand for solutions that periodically check users’ health status and prevent diseases in their daily lives. Likewise, in Japan, where medical insurance costs are higher than in Korea, our solutions are also available.” “Thanks to the great interest shown, we were able to discover a variety of potential partnerships between the public and private sectors,” he explained.
Seven Point One is currently discussing collaboration with a total of 35 companies and organizations around the world, and explained that this achievement was based on the contribution of the supporting organizations that supported participation in CES 2023. CEO Lee said, “If I had stayed in Korea, it would have been difficult to get the opportunity I have now,” and added, “I would like to thank everyone at Unicorn Farm and the relevant authorities who were selected for the Innovation Award at CES 2023 and guided visitor response and exhibition strategies at the exhibition site. “Thank you,” he said.
Meanwhile, ‘CES’, the world’s largest IT exhibition, is an exhibition where you can understand the trends of the global home appliance industry at a glance. Hosted by the Consumer Technology Association (CTA), it is held every January in Las Vegas, USA. A total of 1 companies participated in this year’s CES, of which Korea ranked second in the world with 3,200 company booths. In addition, among the 598 companies that participated in Eureka Park, a mecca for startups, 2 domestic startups ranked first in the world (1,000 in France and 355 in the United States).