The Korea Angel Investment Association (Chairman Cho Min-sik, hereinafter referred to as the “Angel Investment Association”) and UDI Impact (CEO Kim Jeong-heon, hereinafter referred to as “UDImpact”) announced that they will sign a “Mutual Cooperation Agreement for AI-based Startup Education and Global Expansion Support” at 1:00 PM on Tuesday, August 19th at the Seoul Tipstown S1, GSC.
This agreement was created to strengthen the business capabilities of domestic startup teams and provide systematic support for their rapid entry into overseas markets, as global startup competition intensifies.
The two organizations plan to foster innovative startups through AI-based entrepreneurship education and investment support, and expand the startup ecosystem by securing networks in key emerging markets such as Japan and India.
The main contents of the business agreement include ▲ AI entrepreneurship education and investment support for domestic and international prospective and early-stage startup teams, ▲ support for domestic startups to expand overseas (Japan and India), and ▲ overseas market development and expansion of the startup ecosystem.
Specifically, we plan to provide domestic entrepreneurship education through planning and operation of the ‘Technology Startup X UDI Bootcamp’ and overseas education, consulting, and networking through operation of the ‘Technology Startup X UDI Globalcamp.’
Additionally, we plan to expand the foundation of the startup ecosystem by identifying local startup and job training needs and operating programs tailored to local needs.
Cho Min-sik, Chairman of the Korea Angel Investment Association, emphasized, “Through our collaboration with UD Impact, we will actively support domestic startups to develop AI-based innovation capabilities and secure competitiveness in the global market. In particular, we will lay the foundation for our startup ecosystem to advance to the next level by advancing into emerging markets such as Japan and India.”
Kim Jeong-heon, CEO of UDI Impact, said, “We expect this collaboration with the Angel Investment Association to significantly contribute to strengthening the practical capabilities of domestic startup teams and pioneering overseas markets. We will do our best to utilize AI-based education programs and global networks to help innovative startups lead the global market.”
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