On October 13, Pohang United Technology Holdings Co., Ltd. (CEO Jaehyo Kim) and JNP Global Co., Ltd. (CEO Jihwan Park) signed a ‘Memorandum of Understanding (MOU) for Technology Commercialization and Startup Growth Support’ at the Handong Global University Industry-Academic Cooperation Foundation.
This agreement was established to promote the commercialization of technology-based startups beyond the region by sharing the technological capabilities and networks of both organizations, and to support joint investment and overseas market entry.
The signing ceremony was attended by Pohang United Technology Holdings CEO Kim Jae-hyo, Director Ahn Seok-hyeon, and other investment promotion team members, while JNP Global CEO Park Ji-hwan and other executives and employees also attended to express their commitment to mutual cooperation.
Through this agreement, the two organizations agreed to strengthen cooperation in various areas, including ▲joint discovery and commercialization support for promising startups, ▲support for attracting direct and indirect investment in startups, ▲selection of jointly operated projects, ▲cooperation on investment in local startups, and ▲operation of programs to revitalize the local startup ecosystem.
In particular, we plan to establish a practical startup system through the technology commercialization support capabilities and investment networks of Pohang United Technology Holdings Co., Ltd. and JNP Global Co., Ltd.
Kim Jae-hyo, CEO of Pohang United Technology Holdings, said, “This agreement is a meaningful collaboration that will lay the foundation for promising startups to grow steadily,” and added, “We will continue to discover and nurture startups with excellent capabilities to create successful examples of regional technology startups.”
“Through our collaboration with Pohang United Technology Holdings, we will create an ecosystem that enables both technology commercialization and globalization,” said Park Ji-hwan, CEO of JNP Global. “By leveraging the strengths of both companies, we will foster competitive startups in both domestic and international markets.”
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