The Incheon Startup Park’s 2022 Boost Startup Program to support enterprising Korean startups for global expansion began on June 14, with six startups participating.
The program targeted at promising startups that want to enter the global market in fields of smart cities, bio, healthcare, and non-face-to-face technology based on the 4th Industrial Revolution will end on November.
The program is being conducted online and offline at the Incheon Startup Park, a private-public ecosystem space. Incheon Startup Park aims to create a physical and virtual space for startups and promising businesses to grow. Incheon Startup Park is one of a kind project in Korea designed to foster startups by combining private capacities and public utilities, much like Silicon Valley in the United States.
The Boost Startup Program has been created to support the global advancement of Industry 4.0-oriented tech startups. The program includes a global accelerator program, office space for startups, linkage program support, IR capacity enhancement consulting to attract investment, investor networking, demo day opportunities, and for the best companies, CNTTech’s direct investment and TIPS linkage support.
The Boost Startup program began in June 2022 with Storyline and IR design consulting, translation support and pitching mentoring. In July, August and September, the startups receive mentoring in overseas expansion strategies and global presentation techniques, pitching to overseas investors, skill enhancement, etc.
On September 2, the Boost Startup Program will conduct a Mini Global Demoday for the startups by matching potential buyers or investors for enterprise-specific services. A networking session will be organized on September 10. The Boost Startup Program 2022 will culminate on November 2, with a Demoday where potential investors will be invited to meet the participating startups.
The mentors and global investors participating in the program include James June, CEO of beSUCCESS Media, Kim Heejung, Marketing Leader of Nuvi-labs, Shin Donghyeok, Director of Evar, and Chae Seungho, Director of Nextrans.
The six startups selected to participate in the Boost Startup Program 2022 are:
1.)99PERCENT: The startup is developing a cross-border commerce platform that will connect Chinese sellers and Korean brands for smooth transactions of exports of Korean products.
2.) USIMSA: The company offers remote access eSIM that allow unlimited data to be used while visiting Korea by scanning just a QR code.
3.) CSENL: It is a health-tech product developing company. CSENL has created a smart air cleaning mask Airvisor. The electronic mask filters pollutants and infections from the air.
4.) AWESOMENICS INC.: The company operates a Test Pin manufacturing business for the semiconductor, electronics parts and testing market.
5.) TECHVILLAGE: The startup has developed a Metaverse-based Remote VR Digital Treatment Solution – Rehabware – for the Prevention of disorders of Senior citizens and Restoration of the Lost Exercise and Cognition Functions of Patients with brain Disorders (stroke, dementia, parkinsonism, etc.)
6.) PASAMEDI – The startup has developed an anti-snoring oral device that helps people suffering from sleeping-related disorders.
