The Gyeonggi Creative Economy Innovation Center (hereinafter referred to as the ‘Gyeonggi Innovation Center’) has completed the selection of a total of 40 companies for the ‘2022 Global Star Venture’ project, which supports the global expansion of childcare companies.
‘Global Star Venture’ is the Gyeonggi Innovation Center’s representative global expansion support project that has been in operation since 2018, and will support the entire process of the ‘Global Innovation Challenge’ to secure practical and objective references for selected companies for overseas expansion. In addition, in order to attract overseas investment from selected companies, we are working behind the scenes, such as preparing ‘deal sourcing’ to match startups with overseas VCs who operate global funds.
This Global Innovation Challenge is composed mainly of companies participating in the Gyeonggi Innovation Center’s major projects such as Pangyo Startup Zone, K-Champ Open Bridge, KB Unicorn Club, and Startup Leap Package. As it is composed of promising companies that have distinguished themselves in the global scalability sector, it is expected to win awards at a higher rate than usual.
On August 2nd, the ‘Global Innovation Challenge Award Know-How Seminar’ will be held online (ZOOM). Senior award-winning companies and organizers plan to gather together and share various know-hows to prepare strategic entries for this year’s companies.
The main speakers on this day include ▲Dothill Co., Ltd., which won three categories at the 2022 CES Innovation Awards ▲Celaputics Bio Co., Ltd., which won the gold medal in the medical treatment category at the 2022 Edison Awards ▲Lindsay Burch, Marketing Director at the Edison Awards. .
Last year, the Gyeonggi Innovation Center’s Global Star Venture Incubator achieved remarkable results in international competitions such as the U.S. ‘CES Innovation Award’ and the ‘Edison Award’, which are called the World Venture Olympics.
The CES Innovation Award is awarded annually by the Consumer Technology Association (CTA), the host organization, to the most creative and efficient products among the products exhibited at CES. Among the 15 companies supported by the Gyeonggi Innovation Center last year, 5 won awards in 7 categories, and among all child care companies, a total of 14 won awards.
The Edison Award is a prestigious American invention award ceremony, inspired by the originality and persistence shown by Thomas Edison through his inventions. Each year, it selects and awards technology, product and business leaders who demonstrate the best innovation and creativity. The Gyeonggi Innovation Center, which has been supporting entries to this awards ceremony for the third year, has so far achieved 1 gold, 1 silver, and 3 bronze awards.
The Gyeonggi Innovation Center said, “We will closely support excellent childcare companies winning the Innovation Award and the Edison Award,” and “We will actively strive to maximize the spread of award results through support for attracting overseas investment and focus on expanding overseas.” revealed.
Meanwhile, the Startup Zone is Korea’s largest startup support cluster, established in 2017 by the Ministry of SMEs and Startups to intensively foster promising startups in new industries, and operated by the Startup Promotion Agency and the Gyeonggi Creative Economy Innovation Center.
Source: Pangyo Techno Valley Official Newsroom
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