Selection of 30 Companies in Collaboration with SparkLabs and PenVentures
Support for Global IR Events and VC Meetups
The Korea Venture Business Association announced on the 9th that it will officially launch the '2025 Gangnam-gu Global Startup IR Activation Project' in collaboration with Gangnam-gu Office.
This project, aimed at systematically supporting startups located in Gangnam-gu, Seoul, in their overseas expansion and investment attraction, has seen participation from a total of about 120 companies over the past three years, achieving a cumulative investment attraction of 148.1 billion KRW. This year, in cooperation with global specialized accelerators such as SparkLabs and PenVentures, a total of 30 companies will be selected for intensive cultivation.
The domestic program with SparkLabs is recruiting 20 participating companies. Selected companies will receive customized investment attraction briefing consulting and Korean-English material production necessary for domestic and international investment activities, and will hold two IR sessions targeting domestic and international venture capitalists (VCs) and angel investors.
Additionally, benefits include ▲ direct investment by SparkLabs in one outstanding company (over 50 million KRW) ▲ priority participation in the Korea Venture Business Association global program ▲ one-on-one investment consultation roundtables ▲ distribution of investment reports to VCs.
The overseas program conducted in cooperation with PenVentures is recruiting 10 participating companies, hosting local IR events and VC meetups in Singapore (October) and New York, USA (October). In particular, through an open innovation program with local large and medium-sized enterprises in Singapore, it supports one-on-one matching with local companies, participation in global conferences, and market expansion.
Furthermore, it offers ▲ priority participation in the Korea Venture Business Association global program ▲ airfare and accommodation support (up to 3 million KRW per person) ▲ IR mentoring and local meetups ▲ opportunities to participate in global investment linkage programs.
Those wishing to apply for the domestic program can do so by the 16th, and for the overseas program from the 15th to the 30th via the Korea Venture Business Association website.
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