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2020.12.31
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KIBO to launch venture camp to help startups succeed


According to Yonhap News,


Korea Technology Finance Corporation (KIBO) said they’re now looking for potential candidates interested in joining ‘KIBO venture camp’, a startup accelerator-like program which aims to help promising entrepreneurs to lead the future of innovation in the age of the fourth industrial revolution attain success until Jan 19, 2021.
Teaming up with accelerators in private sectors, KIBO’s camp focuses on providing startups with resources to help the startups scale up.

Going through several stages of screening process, KIBO picks 50 candidates to work with.
Once selected, the startups are provided with mentorship, advice, and networking to help the startups succeed, including a Demo Day, a day to focus the attention of the startup investor community on the startups through hosting a series of investments pitches from the startups to VC investors.

The top 25% are allowed to be given financial supports, up to KRW 1.5 billion, by each growth stage. For more information, click on www.kibo.or.kr or www.k-startup.go.kr.



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Reprint or redistribution without permission is prohibited.



pcs@yna.co.kr

Source: Yonhap News (Dec 28, 2020)


** This article was translated from Korean.
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