Laying the Foundation for Overseas Expansion... Gyeongbuk TP Operates the 'Kumho Neighbors Village Global Expansion Program'

Developing Sales Channels for Promising Gyeongbuk Companies

Establishing a Cooperative System with Related Organizations

Gyeongbuk Technopark conducted the ‘Kumho Neighbors Village Global Expansion Program’ from the 21st to the 28th to support young entrepreneurs in expanding overseas.

Gyeongbuk Technopark is conducting the 'Kumho Neighbors Village Global Expansion Program' to support young entrepreneurs' overseas advancement and is taking a commemorative photo.

Following a selection evaluation, five companies participated in this program: ▲Gichan Boiler (Director Kim Kyung-wook) ▲Unjin (CEO Heo Jin-ho) ▲Fauna Life Care (CEO Seo Joo-won) ▲Twell (CEO Kim Gun-woo) ▲Moongs Lab (CEO Park Ji-yoon).

These five companies received acceleration training for youth startups operated by the Kumho Neighbors Village development project, as well as consulting education to strengthen IR/Pitching capabilities for global expansion.

Going forward, acceleration training for young entrepreneurs will continue to be offered with more enriched programs such as customized expert consulting and potential partner matching days, expected to continue through 2025.

The Kumho Neighbors Village Global Expansion Program consisted of ▲local legal special lectures and introductions to global acceleration programs and case studies ▲local investor IR/Pitching and one-on-one consultations ▲a business agreement with the Santa Clara Korean Chamber of Commerce ▲consulting from KOTRA Silicon Valley Trade Center and local investment experts.

During the program, Gichan Boiler laid the foundation for its entry into the U.S. market by signing a 3 billion KRW order contract and agreement ceremony with ‘Innos Hydronic Inc,’ a local agency in the United States.

Hain Sung, President of Gyeongbuk Technopark, stated, “We will devote our full efforts to help promising youth startups in Kumho Neighbors Village and excellent startups in the Gyeongbuk region strengthen their competitiveness in the global market and discover new opportunities.”