Tech Startups Invited to Vie for International Capital at Seoul Startup Fair in Sept.
Up-and-coming tech enterprises across Asia will compete before global venture capitals and international audience with their latest inventions and business ideas this September.
Try Everything, jointly sponsored by Seoul Metropolitan Government and Maekyung Media Group, will feature a pitch competition during the three-day startup expo held from Sep. 16, alongside Maekyung’s annual business convention World Knowledge Forum.
Some 100 enterprises will present their business models and innovations before international investors, including Tim Draper, Silicon Valley legend known for his early stage investments in Hotmail, Baidu, and Skype. Fleur Pellerin, former French Minister of Culture and Communications and founder of Korelya Capital, a venture capital firm supporting European tech startups, are also invited to the panel.
The competition will be run under 10 different themes. Main event is Starup Prize Demo Day, where the winners would compete for investment funds, including 1 billion won ($834,000) from Korea’s Kyowon Group.
Other notable events include Korea-ASEAN startup match between selected enterprises from 10 ASEAN member countries, and regional challenge for tech startups in Korea, which will name the contender for final championship Asia Hardware Battle, opening in China this November.
Try Everything will also feature lectures, seminars, as well as promotional and meet-up booths. Yancey Strickler, co-founder of Kickstarter crowdfunding platform will share insights into startup’s growth strategy, at the Korean Scale-up session. Case studies on a startup that successfully leveraged crisis time will also be presented.
The startup convention will be held on Sept. 16-18 at Jangchung Arena and Shilla Hotel in central Seoul. The hosts expect the conference to be Asia’s top gathering for startups, similar to TechCrunch Disrupt in the U.S., Slush in Finland and VivaTech in France.
By Yoon Won-sup, Huh Jin, and Cho Jeehyun
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