NH Nonghyup Bank Launches 7th Cohort of Startup Incubation Program 'NH Digital Challenge+'

Selection of 32 Innovative Companies in Various Fields Including AI, Metaverse, and Blockchain
Offering Various Benefits Such as Business Partnership Opportunities with NongHyup Group Affiliates

[Asia Economy Reporter Sim Nayoung] NH Nonghyup Bank (President Kwon Junhak) announced on the 17th the launch of the 7th batch of the startup-tailored cultivation and collaboration program 'NH Digital Challenge+'.

Under the theme of 'Dreaming of an NH-style Leap,' this 7th batch of 'NH Digital Challenge+' selected 32 innovative companies from various fields including digital new technologies such as AI, AR/VR/Metaverse, blockchain, as well as agritech, proptech, and ESG.

The newly selected 7th batch will operate under two tracks: a cultivation track focused on startup growth and investment support, and a collaboration track focused on cooperation and open innovation with Nonghyup Group affiliates. Selected companies will participate in track-specific programs for up to one year at the NH Digital Innovation Campus located in Yangjae-dong, Seocho-gu.

This 7th batch includes 22 new companies such as ▲Zcrypto (blockchain·zero-knowledge proof), ▲Horizon Technology (AI·hyper-personalized investment analysis), ▲Metatexture (ESG·alternative foods other than meat), ▲Parallel Space (AR/VR·virtual reality), ▲Bridge Code (regtech·non-face-to-face tax accounting), ▲Deep Sales (AI·overseas buyers), ▲Funble (blockchain·real estate revenue securities), ▲Bandal Soft (agritech·smart farm systems), ▲Blue Lakers (fintech·conversational deposit and withdrawal), ▲Maeol Maeju (distribution/commerce·traditional liquor subscription), ▲GRMK (distribution/commerce·online and offline seafood), and 10 outstanding companies from previous participants were finalized as participants.

Selected companies will be provided with ▲business partnership opportunities with Nonghyup Group affiliates ▲investment support ▲capacity-building specialized education ▲workspace within NH Digital Innovation Campus ▲demo day ▲meetup day (collaboration seminar) ▲1:1 office hours ▲networking events ▲follow-up investment attraction opportunities.

President Kwon Junhak stated, “We are striving to create a win-win ecosystem where we can grow together through collaboration with startups that possess innovative ideas and technological capabilities,” and added, “We will provide customers with differentiated digital experiences and services based on digital new technologies together with promising innovative companies.”