2023 Agri-Food Tech Startup Entrepreneurship Fair opens at COEX on the 26th… Support for promising companies in the field of agricultural food technology, DecaCon!
The Korea Agricultural Technology Promotion Agency (Director Ho-geun Ahn, hereinafter ‘Rural Development Institute’) will hold the `7 Agricultural Food Tech Startup Fair (AFRO 26 )’ was announced.
Hosted by the Ministry of Agriculture, Food and Rural Affairs and supervised by Rural Development Institute, NH Nonghyup, COEX, and the Korea Food Tech Council, this expo was prepared to support promising companies in the field of Agtech and Foodtech to jump beyond unicorns and become decacons. It was planned as an agri-food tech expo specialized in the startup ecosystem, such as investment, market, technology, and networking, beyond simply displaying and selling products on site.
A total of 250 organizations, including promising start-ups in the agri-food field such as Agtech, Foodtech, and Green Bio, as well as large corporations, investment companies, and public institutions, will participate in this expo, which is the first and largest in the agri-food tech sector in Korea. The exhibition hall consists of exhibition booths for each future agricultural theme, such as Agtech, Foodtech, and Green Bio, and various side events using a special stage and conference hall are also held.
In the field of AgTech, which leads innovation by applying cutting-edge ICT technologies such as AI (artificial intelligence) to crop cultivation and livestock farming, smart farm solution companies such as Avalve, Iocrops, and FarmPro, and agricultural robot companies such as Gint and Rendezvous are leading innovation. participate in large numbers
Hanwooyeon, Deep Plant, Grand Machan, Jeonjeon, Enough U, etc. can be seen as companies in the food tech field that converge advanced technologies in the process of food production, distribution, and consumption.
In the field of green bio, which creates new added value by combining advanced bio and life science technologies with agriculture and food fields, companies such as Roots Lab, Neuropack, Green Continue, Nanu, and Panse will participate.
During the fair, various side events are also held to strengthen networks with domestic and foreign private investors. ‘KOAT Demo Day’ to promote agri-food startups fostered by Korea Agricultural Technology Promotion Agency and expand investment attraction opportunities is linked with ‘pre D.DAY’ program of D.CAMP, a youth entrepreneurship foundation in the banking sector In addition, programs such as individual in-depth meetups (1:1 matching between investors and startups) are planned to expand investment attraction opportunities for companies participating in the agri-food venture start-up vitalization support project.
In addition, △conferences to review the current status of the agri-food investment ecosystem and discuss development directions △programs for market support such as venture fostering company MD fairs and MD meetups △state-owned patent technology briefings, technology transfer consultations, and open innovation (OI) vitalization Technology-linked programs such as the ‘Startup Open Antenna’ talk show and △ mock IR of global accelerating support companies will also be held.
An official from the Rural Development Institute said, “This is a place to introduce to investors agri-food tech startups that are desperately in need of market development and private investment attraction.” .