Gyeonggi Gwacheon City held the '7th Startup Idea Contest' on the 11th to discover entrepreneurs with innovative technologies and selected a total of 12 teams as excellent entrepreneurs.
Davida Co., Ltd. (CEO Eunseung Lee) announced on the 16th that it won the 'Grand Prize' in the innovation track for 3 to 7 years with its AI-based self-directed learning platform 'GeniTeacher'.
Through the competition, CEO Lee Eun-seung shared Davida’s technological prowess and global vision. ‘Genie Teacher’ is a hybrid (online and offline & analog and digital) education solution that digitizes handwriting on paper or tablets, analyzes it in real time with artificial intelligence, and provides personalized feedback to learners so that they can learn on their own.
Davida is currently preparing for a global launch with overseas partners in 10 countries, and is focusing on the Saudi Arabia, Egypt, Kuwait, Bahrain, and United Arab Emirates markets, viewing the Middle East market as a blue ocean.
While studying abroad in the U.S., this representative worked as a first-rate math instructor and wrote books related to education, such as “Becoming a Study Master, Successful Study Abroad in the U.S., and a Dictionary of Math Terms.” In 2008, he began to imagine, “It would be nice if AI could analyze and help handwritten notes.” Now, 17 years later, Genie Teacher has become a reality, and is expanding beyond education to fintech and digitalization solutions for construction sites.
With this award, Davida plans to fully advance into domestic and international markets through follow-up support such as moving into the Gwacheon City Startup Incubation Center, pitching opportunities at the second half of the year's Demo Day, and linking up with government projects.
Meanwhile, Davida has been recognized for its technological prowess and potential in overseas markets by being ▲selected for the 2nd Seoul Fintech Lab ▲winning the 2024 CES Innovation Award ▲winning the Minister of Trade, Industry and Energy Award ▲winning the 'Silver' award at the Japan AES Global Awards ▲winning the 'Excellence' award for ICT R&D by the Ministry of Science and ICT ▲winning the Private Investment-led Technology Startup Support (TIPS) by the Ministry of SMEs and Startups ▲winning the Best Company by the Technology Guarantee Fund ▲winning the Startup 4.0 by the Korea Credit Guarantee Fund ▲winning the Grand Prize for Innovation in Small and Medium Businesses in Korea ▲winning the Startup Promotion Agency Award at the 4th Industrial Revolution Festival ▲winning the CORE 100 by the Seoul Investment Office ▲winning the Proud Gyeonggi Small and Medium Business Award ▲winning the Hi Seoul Enterprise Excellent Company ▲winning the Excellence Award at the Korea Intellectual Property Fair ▲winning the Gyeonggi Economic and Science Promotion Agency Director's Award as a Gyeonggi-do Exporter.
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