CNT Tech Co., Ltd. (CEO Jeon Hwa-seong) and Ewha Womans University Technology Holding Co., Ltd. (Co-CEOs Seo Ji-hee and Jo Wol-ryeom) announced on February 28 that they signed a business agreement (MOU) for the development of the startup ecosystem.
This agreement is an agreement between the two companies to ▲jointly support and foster startups to activate the startup ecosystem, ▲jointly invest in excellent technology-based startups, and provide post-launch support.
Through this agreement, the two companies plan to pursue various projects, including discovering and fostering early-stage startups, activating investment in excellent technology-based companies, and developing and operating joint programs to discover and foster innovative startups.
Ewha Womans University Technology Holdings Co., Ltd. is a technology holding company established in 2016 for industry-academia cooperation, and supports the establishment and growth of subsidiaries by utilizing promising technologies owned by universities. It has produced 13 subsidiaries so far and is discovering innovative technologies in various fields. Starting in 2024, it will form a private investment association to expand its investment scope to technology-based startups outside of the university. It serves as a window for mutual growth connecting universities, industries, and local communities, and contributes to strengthening national competitiveness through the creation of new industries and jobs.
CNT Tech Co., Ltd. is an organization that discovers and invests in early-stage startups, including the Gyeonggi Northern Youth Entrepreneurship Academy, through technology-based acceleration. Through this agreement with Ewha Womans University Technology Holdings, it plans to support the next stage of growth of early-stage startups based on the support foundation such as support for technology commercialization and follow-up investment linkage by the technology holding company.
CNT Tech is an institution that has made the largest investments for five consecutive years from 2020 to 2024, utilizing investment resources of over 130 billion won to execute a cumulative investment of 70 billion won. In 2024 alone, it has made 109 cases of investment in start-ups worth a total of 21.5 billion won, and its cumulative portfolio has reached 470 companies. In addition, as an operator of the TIPS business of the Ministry of SMEs and Startups, it has achieved TIPS program linkage results for 79 companies in 2024 alone, and has successfully linked TIPS programs for 233 companies to date.
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