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2020.11.12
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Busan Innopolis to run a “DEMO Day” to show startups’ creative ideas to VCs


According to Yonhap News,


Busan Innopolis said on Nov 5 that they run a “DEMO Day”, a type of investment pitch to help local startups and small and mid-sized enterprises, especially those who lack funds to run business, present their business ideas to prospective venture capitalists until Nov 13. To prevent the spread of the coronavirus, the event is now taking place online.

Nine startups showcasing their performance, products and business models virtually to investors can be potential candidates of business accelerator programs funded by VCs. Innopolis is planning to make this type of pitching event a gathering which takes place on a regular basis between startups and investors to help entrepreneurs move beyond the earliest stages of getting established, ensuring bigger returns for financiers.


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Reprint or redistribution without permission is prohibited.



pcs@yna.co.kr

Source: Yonhap News (Nov 5, 2020)


** This article was translated from Korean.
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