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KITA to run an online matching platform to connect businesses worldwide
Date
2020.03.18




According to Yonhap News,


Korea International Trade Association (KITA) announced the launch of its new service named “Innobranch”, an online platform matching large corporations overseas to startups in Korea, or business giants in Korea to venture startup businesses worldwide.

KITA has provided an Innobranchlike open innovation matching platform, while opening a startup support center in COEX, Gangnam Gu since last June. But the recent widespread coronavirus epidemics which swept through the entire nations made KITA accelerate the process to open the virtual platform, through which enterprises can continue to run business. Now, roughly 8,000 startups, 50 investors and businesses large and small, are tightly engaged forming a business network with KITA. Anyone interested in the service, visit the official website of “Innobranch”.

KITA said “While further improving digital infrastructure to speed up mobile network and to open video conferencing at this time of corona crisis, KITA will give full support to startups in Korea set foot into world stage.”



Source Text


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vivid@yna.co.kr

Source: Yonhap News (Mar. 10 , 2020)

*This article was translated from Korean.

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