Cospo Signs Business Agreement with Sejong City and Sejong Chamber of Commerce and Industry

The Korea Startup Forum (Chairman Sang-Woo Han, hereinafter referred to as KOSPO) announced on the 10th that it signed a Memorandum of Understanding (MOU) with Sejong Special Self-Governing City and the Sejong Chamber of Commerce and Industry on November 6th to promote Gov-Tech innovation and revitalize the local startup ecosystem.

This agreement aims to strengthen the local startup ecosystem in Sejong City by supporting the growth of startups and venture companies, expanding startup infrastructure, and establishing a public-private partnership network. The signing ceremony, held on the 6th at the joint campus in Jiphyeon-dong, Sejong City, was attended by KOSPO, Sejong City, and the Sejong Chamber of Commerce and Industry, and agreed to create a sustainable local startup ecosystem through ▲discovering and fostering startups and venture companies in Sejong City, ▲jointly planning and operating startup support programs, ▲cooperating on sharing and promoting startup ecosystem information, ▲promoting open innovation, and ▲expanding global expansion opportunities such as ComeUp.

Also participating in the signing ceremony were five COSPO member companies seeking to collaborate with Sejong City: Dodohan Collabo, Maat, Booster Lab, Sky Cube, and Willchair. These companies plan to collaborate with Sejong City to support startups and accelerate commercialization, identify projects aligned with its innovation policies and key projects, and foster an environment conducive to the sustainable growth of entrepreneurs and local talent.

With this business agreement, Cospo plans to continue revitalizing the Sejong City startup ecosystem, strengthening the network between its member companies and local startups, and promoting a model of public innovation centered on regional coexistence and entrepreneurs. Following the success of the "Business Strip in Jeonbuk" event held in Jeonbuk last year, this collaboration in Sejong is an extension of its commitment to supporting the local startup ecosystem.

Han Sang-woo, Chairman of KOSPO, said, “This collaboration with Sejong City is an important opportunity for startups to establish themselves as the main players in public innovation,” and added, “We will continue to expand collaboration with local innovation organizations to ensure that entrepreneurs’ challenges are respected and a sustainable innovation ecosystem is fostered.”


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