NextElevation Partners with SmileShark to Foster Startup Growth

Strategic MOU Signing on the 26th

Next Elevation, established by Asia Economy, announced on the 26th that it has signed a Memorandum of Understanding (MOU) with cloud consulting startup Smile Shark to discover and support the growth of startups.

This agreement aims for both companies to jointly discover and support promising startups. In particular, various necessary support will be provided for startups selected with a focus on cloud infrastructure technology.

Through this agreement, both companies plan to discover excellent startups that can leap to unicorn status and contribute to the continuous growth and development of the domestic and international startup ecosystem.

Meanwhile, Next Elevation will recruit startups to participate in its 2nd acceleration program starting January 29. Among the teams selected for the acceleration program, outstanding teams will be chosen to receive investments of up to 100 million KRW. All teams participating in the 2nd program will be provided with various benefits such as follow-up investment support and media PR.