Korea Institute of Startup and Entrepreneurship Development (KISED) said on the 7th that it will hold a briefing session for the "global accelerating (investment-linked GMEP)" on the 9th to support overseas fundraising for AI startups seeking to go abroad.
The "global accelerating (investment-linked GMEP)" launched this year is a program promoted in partnership with private investment firms to facilitate overseas fundraising for competitive AI startups. Selected corporations will receive 80 million won in commercialization funds, along with opportunities to join an investor relations (IR) event in the United States and to network with overseas investors.
At the briefing, Korea Institute of Startup and Entrepreneurship Development (KISED) will introduce the overall program, and Smilegate Investment will explain the selection criteria and procedures. Orange Planet Startup Foundation will then detail the specific support. An on-site one-on-one consultation desk will also be available.
Yu Jong-pil, head of Korea Institute of Startup and Entrepreneurship Development (KISED), said, "This briefing was prepared to enhance understanding of the new program being launched this year based on collaboration with private investment institutions," and added, "We will actively support creating opportunities for capable startups to expand overseas."
Corporations wishing to participate in the program can apply through the K-Startup website by 3 p.m. on the 21st.