The Korea Startup Forum (Chairman Jae-Wook Park, hereinafter known as COSPO), the organizing group of the worldwide startup pageant COMEUP, introduced that COMEUP 2023, which was held at Dongdaemun Design Plaza (DDP) for 3 days from November 8 to 10, attracted about 66,000 folks. It was introduced on the thirteenth that it ended efficiently, recording the best variety of on-line and offline guests (variety of folks) ever.
‘COMEUP 2023’, which celebrated its fifth anniversary this 12 months, has achieved worldwide development by unfolding as a world pageant the place innovation ecosystem stakeholders from 35 international locations at house and overseas come collectively. In addition, it laid the muse for evolving right into a platform that helps promising startups develop by additional strengthening accelerator, and confirmed an upgraded side by introducing new makes an attempt equivalent to constructing an open innovation neighborhood and establishing a enterprise matching system.
A complete of 35 international locations take part from Europe to Africa, the Middle East, and Asia! Laying the muse for alternate and cooperation with startups around the globe
COMEUP 2023 includes startups, buyers, authorities businesses, world corporations, giant firms, and medium-sized enterprises from 35 international locations around the globe, together with Saudi Arabia, the UAE, the United States, France, Austria, Hong Kong, Senegal, and Cambodia, collaborating with the home ecosystem. It was significant in increasing the framework for world mutual alternate. Olivia Hervy, Chief Ecosystem Officer of the French startup pageant ‘Viva Technology’, Susan Marshall, Director of NVIDIA, a world AI semiconductor firm that just lately expanded into the Korean startup market, and Howard Wright of AWS. William Bao Bean, Vice President of the Startup Division and CEO of SOSV, together with world corporations and associated organizations equivalent to BMW, Microsoft, the Korean-French Chamber of Commerce, and the Korea International Cooperation Agency (KOICA) additionally participated, including to the joy of the pageant.
In explicit, the newly established Global Community Zone operated cubicles and a presentation-only stage for taking part groups from 18 international locations, together with Saudi Arabia and the UAE, to boost understanding of the worldwide startup ecosystem and increase alternatives for data alternate and cooperation. UAE Minister of Economy Abdulla Bin Touq Al Marri and Saudi Arabian Minister of SMEs and Startups Sami bin Ibrahim Al-Hussaini, who visited Korea for COMEUP 2023, attended numerous periods on the eighth and ninth to debate Korea and Discussions on startup cooperation continued. In addition, startups from North America, Europe, Africa, and Southeast Asia, together with these from the United States, France, Senegal, Uganda, Laos, and Cambodia, engaged in passionate pitching and networking actions, drawing nice consideration from members who visited the positioning all through the three days.
Meaningful shows had been additionally made relating to coverage instructions for the Korean startup ecosystem to take a leap ahead within the world market. Korea Startup Forum, Asan Nanum Foundation, D-Camp, and Startup Alliance are organizing ‘2023 Startup Korea! The ‘Policy Proposal Presentation: Research on the Global Openness of the Korean Startup Ecosystem’ session was held to diagnose the extent of world openness of the Korean startup ecosystem and counsel sensible coverage instructions.
Solidarity with the ‘real’ voices of startup entrepreneurs! Strengthening open innovation with giant firms and medium-sized corporations!
The ‘Future Talk’ program, a convention session, acquired favorable opinions as home and international entrepreneurs instructed sincere and daring tales based mostly on issues they’d not talked about earlier than. Starting with singer Geolpak, who appeared on stage as Park Ji-won, CEO of life-style platform Syndromes, about 70 folks together with Socar CEO Park Jae-wook, Lunit Chairman Baek Seung-wook, Law & Company Vice President Jeong Jae-seong, Hive COO Kim Tae-ho, and 10X Innovation Lab CEO Klaus Wehage. Domestic and international audio system spoke about every stage of startup development, equivalent to ‘It’s a distinct world after IPO’, ‘There is no failed exit, only each person has his or her own path’, ‘Go beyond regulations to the path of real growth’, ‘Creating a global startup in a developing country’, and many others. We gained sympathy from guests by sharing numerous issues and experiences on main points that come up.
In addition, Microsoft, Rutten Technologies, and many others. held in-depth discussions by sharing insights on the newest technological points associated to Chat GPT and generative AI, which have been scorching matters within the business because the starting of this 12 months.
The second day, held as ‘Open Innovation Day’ to commemorate the twentieth anniversary of the beginning of the open innovation idea, attracted consideration with the participation of startups, giant firms searching for new improvements, and world corporations. The session, which opened with the theme of ‘Open Innovation 2.0: 20 years of prognosis and new transition’ by Lee Jong-hoon, CEO of Explo Investment, Lee Seong-hwa, GS Retail managing director, Shin Seong-woo, managing director of Hyundai Motor Company, and CJ Investment staff chief Kim Joo-hee, centered on the significance of Google’s assist for feminine entrepreneurs. , Shinhan Futures Lab Japan and Shinhan Venture Investment’s tips for startups making ready to enter the Japanese market had been mentioned. In addition, it introduces circumstances of profitable collaboration between world corporations equivalent to NVIDIA, Startup Junkie, Naver Cloud, Kyobo Life Insurance, Eve Jari, Modusign, and Avery, in addition to giant, medium-sized and small companies, and startups, elevating the potential for discovering new development engines sooner or later. raised expectations.
‘COMEUP’ evolves past an occasion right into a platform for the worldwide development of startups
COMEUP Stars 2023, which utterly revamped the startup choice and mentoring program with the objective of discovering and nurturing early-stage corporations, additionally ended the fierce pitching race with this occasion. About 80 groups, together with the Academy League, the Rookie League, and the Rocket League, for the (preliminary) preliminary startups that had been launched for the primary time this 12 months, gave passionate pitching. In explicit, the pitching within the finals and finals of the Rookie League, which was held as a match, heightened the strain and made folks sweat. I made him maintain it. At the ‘COMEUP Stars 2023 Awards’ held on the final day, 10 corporations had been chosen as glorious pitching groups: △Lansik △Market of Materials △Let’s Go for the Stars △Stamden △Agmo △All My Tour △Intech Medi △Floyd △Hopae △Home Check Among these, Intechmedi achieved the feat of being chosen as the very best firm after complete preliminary and on-site evaluations.
In addition, the corporate has strengthened its function in selling funding by constantly connecting startups and funding corporations via the web enterprise matching platform that has been in operation because the starting of the 12 months. In line with its title as a world startup pageant, it elevated alternatives for on-line and offline conferences between the 2 events with out restrictions of borders, time, or area, and because of this, about 1,000 circumstances of preliminary and on-site enterprise matching had been achieved. Biz matching will proceed even after the occasion ends.
Seongjin Choi, Executive Chairman of COMEUP 2023, mentioned, “The overall number of visitors to COMEUP 2023 has increased, but it is especially encouraging that the number of on-site visitors and global participants has increased significantly.” He added, “As we have taken a full-fledged leap forward as a global festival that connects the global startup ecosystem, we will continue to promote the startup ecosystem in the future.” “We will continue to serve as a medium for expansion,” he mentioned.
Meanwhile, COMEUP 2023 may be considered once more via the YouTube Come Up channel at a later date.