Eight Innovative and Venture Startups Selected
On July 30, IBK Industrial Bank announced that it will officially launch the 2025 IBK Changgong Europe Accelerating in Germany program to support innovative and venture startups hoping to expand into Europe.
This program will include eight innovative and venture startups (▲TM EVnet ▲Modizens Vision ▲Mobil With Us ▲CIT ▲Watta AI ▲Dynamic Industry ▲Ilman Baekman ▲Intellectus) that were finally selected through a joint evaluation with the Korea Institute of Science and Technology (KIST) Europe.
The selected companies will participate in a preliminary program in Korea, which includes company diagnostics, business model review, and market entry strategy development with local experts. Afterward, they will receive support for a one-week local acceleration program in Germany, which will include IR sessions, business meetings, and networking with partner organizations.
On July 29, an orientation for the main event was held at the IBK Changgong Mapo Center, attended by more than 30 participants including the program's participating companies and stakeholders. All participants expressed high expectations for the success of the program.
An IBK Industrial Bank official stated, "This program was jointly planned with local partner organizations in Germany (KIST Europe, KOTRA), and we expect participating companies to achieve tangible results." The official added, "We will continue our efforts to support domestic venture startups wishing to expand overseas, including into Europe."
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.
