The Early-stage Investment Accelerator Association signed an MOU with the Gwanak Small and Medium Business Administration.

The Korea Accelerator Association (KAIA, Chairman Jeon Hwa-seong) and the Gwanak Small and Medium Business Administration (President Kim Jun-hak) announced on the 28th that they have signed a Memorandum of Understanding (MOU) to cooperate in discovering promising startups in Gwanak S Valley and promoting investment and nurturing.

This agreement aims to systematically support the growth of startups in Gwanak S Valley by leveraging the startup infrastructure, early-stage investment capabilities, and networks of both organizations. The two organizations plan to establish a collaborative system that spans stages, from identifying promising startups to connecting them with investments and supporting their subsequent growth.

Under the agreement, the two organizations will collaborate on a variety of areas, including discovering and nurturing startups in Gwanak S Valley, providing startup infrastructure and connecting them with a network of mentors and experts, establishing a collaborative system that combines early-stage investment capabilities, and leveraging the association's member network to attract follow-up investment. The details and schedule of the collaborative project will be finalized through future discussions, and key achievements will be disseminated through joint promotional efforts.

Jeon Hwa-seong, Chairman of the Early Investment Accelerator Association, emphasized the need to establish a foundation for connecting private investment networks for startups in Gwanak S Valley, while Kim Jun-hak, Director of the Gwanak Small and Medium Business Administration, expressed his expectations for revitalizing the local startup ecosystem through public-private cooperation.

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