The Korea Artificial Intelligence & Software Industry Association (KOSA, Chairman Cho Jun-hee) announced on the 16th that it held the 'New York State Public-Private Invitational Seminar and Networking (Soft-Landing in the US)' event in New York, USA on October 15th (local time) and signed a four-party business agreement (MOU) with innovation organizations located in New Jersey.
This event is part of the 'AI Innovation Accelerator Program (AIIA)' supported by the Ministry of Science and ICT, and was organized to support Korean artificial intelligence (AI) startups' entry into the eastern United States market.
The event was attended by approximately 100 people, including representatives from major U.S. government agencies, including the New York State Economic Development Authority, the New York City Economic Development Authority, and the New Jersey Economic Development Authority, as well as local venture capital (VC) firms and startup representatives. Attendees shared insights into local startup policies and ecosystem trends, and discussed potential collaborations with Korean companies.
At this event, KOSA signed a business agreement with New Jersey's leading technology innovation organizations: TechUnited:NJ, BetterFutureLabs, and Tech Council Ventures. The agreements will promote collaboration across startup networking and investment opportunities, talent and educational exchanges, and joint program development. This is expected to lay the foundation for Korean AI startups to commercialize and grow in the eastern United States.
Meanwhile, KOSA, in collaboration with United Korean Founders (UKF), a Korean entrepreneurship organization, will also participate in the 'KOOM 2025: STARTUP Festival' held in Brooklyn, New York from October 16th to 18th.
At this event, 14 domestic AI startups that participated in the AIIA program will operate exhibition booths and explore collaboration opportunities through networking opportunities with local VCs and startups. Additionally, an AI conference session, co-hosted by UKF, KOSA, and the National IT Industry Promotion Agency (NIPA), will be held. Professor Vasant Dhar of New York University's Stern School of Business will serve as moderator, and speakers including Kim Dae-hoon, CEO of Nubilab, and Lee Hu-man, CEO of Exosystems, will present examples of global social value creation and collaboration strategies in the United States.
KOSA Chairman Cho Jun-hee said, “This partnership and exchange with a local U.S. organization is an opportunity to substantially support the entry of domestic AI startups into the U.S. market,” and added, “We will continue to expand our ties with key local organizations to strengthen the foundation for the global growth of domestic AI companies.”
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