Korea Startup Forum (hereinafter referred to as KOSPO) announced on the 18th that it signed a business agreement (MOU) with the Korea Angel Investment Association to strengthen cooperation in supporting technology startups and expanding into global markets.
This agreement was promoted with the aim of strengthening the connection between startups and investors and cooperating on policies to activate the private-led startup ecosystem. The agreement ceremony was held on the 17th at Tipstown GSC in Yeoksam-dong, Seoul, and key officials from both organizations, including Chairman Han Sang-woo of KOSPO and Chairman Cho Min-sik of the Korea Angel Investment Association, attended and read the declaration of cooperation.
According to the agreement, the two organizations will pursue strategic cooperation by setting ▲support for technology startups and ▲cooperation for global expansion (inbound and outbound) as core areas. Specifically, this includes mentoring and networking between startups and angel investors, joint operation of accelerator and prospective entrepreneur programs, joint response to government policies, cooperation for global expansion and investment attraction of domestic and foreign startups, and cooperation in operating the global startup event 'COMEUP'.
Through this collaboration, both organizations expect to contribute to strengthening the startup support system and activating private investment, and to have a positive effect on laying the foundation for growth in the entire startup ecosystem.
Meanwhile, Cho Min-sik, chairman of the Korea Angel Investment Association, said, “We will work to ensure that support for technology startups and global expansion can be carried out more systematically through cooperation between the two organizations,” and Han Sang-woo, chairman of KOSPO, said, “Through this agreement, we will strengthen the organic cooperation structure within the startup ecosystem and work together to establish the foundation necessary to secure the global competitiveness of startups.”
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