The Jeju Center for Creative Economy and Innovation (CEO Lee Byeong-seon, hereinafter referred to as the Jeju Center) announced on the 13th that it has selected six final startups through the specialized industry open innovation '2025 AI Collaboration Open Ground Program' conducted in collaboration with DB Insurance, Jo Kwang Paint, and Hana Bank, and will begin practical commercialization cooperation through technology testing and solution development.
This program was planned in June of this year by the Jeju Center and demand companies, identifying key keywords and common challenges in the AI industry. After identifying challenges for demand companies in various industries, including insurance, construction, and finance, and conducting offline meetups and ongoing meetings, six startups were ultimately selected.
DB Insurance is collaborating with AI2O and Cubic to advance technologies that automatically convert and summarize PC document files into mobile-optimized formats, as well as LLM Capsule-based large-scale data de-identification and GPT utilization technologies.
Jo Kwang Paint plans to collaborate with The Miracle Soft Co., Ltd. and Cognitum Co., Ltd. to develop a program for diagnosing exterior wall problems, recommending similar cases, managing product quality, and extracting data using AI-based LLM and vision models.
Hana Bank, in collaboration with Raon Data Co., Ltd. and Jimision Co., Ltd., will carry out a project to develop an AI-based customer insight analysis and hyper-personalized service system, as well as an AI agent to assist with investment product review and due diligence.
Selected startups will conduct technology testing and program development with demand companies until December. Depending on the success of their commercialization collaboration, follow-up opportunities such as purchase agreements, investment attraction, and global expansion are expected. Furthermore, diverse follow-up support will be provided, including PoC funding, accelerator programs, global open innovation collaborations, and Jeju workation.
A Jeju Center official said, "This is the first model to collaborate with diverse companies across industry boundaries using AI as a common keyword. It will serve as a foundation for expanding the AI industry ecosystem through open innovation among companies and startups."
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