SME/Startups | BusinessKorea

Friday, December 15, 2017

SME/Startups

Kim Yong-beom, vice-chairman of the Financial Supervisory Commission, is delivering a speech at a seminar on the roles of finance for innovation growth in Seoul on November 6.
Venture Capital Market
7 November 2017 - 11:30am
Although South Korea is considered a country with advanced venture capital, it is pointed out that the supply of venture capital to start-ups is insufficient compared to Korea’s market size....
This year’s Global Entrepreneurship Week (GEW) takes place in the third week of November.
Spreading Entrepreneurship
6 November 2017 - 5:45pm
The Ministry of SMEs and Startups announced on November 5 that this year’s Global Entrepreneurship Week (GEW) takes place in the third week of this month and various associated events will take place...
Korea's venture business exports are expected to exceed US$20 billion this year.
All-Time High
30 October 2017 - 11:30am
This year, Korea's venture business exports are expected to reach an all-time high, exceeding US$20 billion. According to the Korea International Trade Association (KITA), Korean venture companies’...
Chinese internet business company Tencent will resume its investment in Korean content companies amid the Chinese government’s restriction on Korean products and services since the deployment of the THAAD in Korea.
Amid THADD Retaliation
16 October 2017 - 11:00am
Chinese internet business company Tencent will resume its investment in Korean content companies with great growth potential. It is forecast that Tencent’s resumption of investment in Korean contents...
Kim Bong-jin, CEO of Woowa Brothers and Sisters, a representative start-up in Korea, said that 70% of the top 100 global start-ups will not be able to do business in Korea as they will violate the laws. (photo: BusinessKorea DB)
Criticizing Regulations
28 September 2017 - 4:30pm
"If the top 100 global start-ups make a foray into Korea, 70% of them will not be able to do business as they will violate regulations." Kim Bong-jin, CEO of Woowa Brothers and Sisters, a...
The number of venture companies that posted sales of 100 billion won (US$88.14 million) in 2016 was 513, up 39 companies from 474 a year ago. (photo courtesy: Korea Venture Business Association)
100 Billion Club
26 September 2017 - 11:30am
Small and mid-sized and venture companies have become a growth engine for South Korea’s economy amid the economic downturn at home and abroad. The number of venture companies surpassing 100 billion...
A DJ is performing a show with GODJ, a portable DJ device developed by JD Sound. (photo courtesy: JD Sound)
Portable DJing Device
24 September 2017 - 11:45pm
JD Sound, a tenant of the K-ICT Born2Global Center specialized in supporting promising tech start-ups under the Ministry of Science and ICT announced on September 22 that the company will showcase...
Newly Established Korean Companies Have Low Chance of Survival
Corporate Life-span
21 September 2017 - 11:45am
The Korea International Trade Association announced on September 20 that the ratio of newly established companies to those actually doing business was 14.6% in 2015 in South Korea whereas the average...
Jung Yu-shin, chairman of the FinTech Center of Korea poses with Marc Rudolf, head of Asia Division at Greater Zurich Area AG at KINTEX in Goyang City, Gyeonggi Province, Korea on September 13. (photo courtesy: Fintech Center)
Promoting Fintec Industry
15 September 2017 - 11:15am
The Korea-based FinTech Center held recently the “20th FinTech Demo Day” in Korea, attended by related personnel from the Financial Services Commission, Financial Supervisory Services and relevant...
Mike Herrington (center), head of the GERA, and Kum Gi-hyun (right), KEF Secretary General, pose for a photo after signing a sponsorship agreement between GERA and KEF in Kuala Lumpur, Malaysia in February this year.
Global Entrepreneurship Monitor Meeting
15 August 2017 - 11:15am
The Korea Entrepreneurship Foundation (KEF) announced that the general meeting of the Global Entrepreneurship Monitor (GEM) for next year takes place in South Korea in February 2018 based on the...
The exports by Korean venture companies rose 16.0% to US$9.98 billion in the first half of this year from the same period of the previous year.
Contributor to Exports
14 August 2017 - 12:45pm
Korean venture companies’ exports this year are expected to chalk up double-digit growth in seven years. According to the Korea International Trade Association (KITA) on August 11, exports by Korean...
Amie Kaufman (left) and Jay Kristoff, internationally bestselling authors of science fiction novels.
Story-based Simulation Game
3 August 2017 - 6:45pm
Amie Kaufman and Jay Kristoff, internationally bestselling authors of science fiction novels, will visit South Korea on August 7 to attend a production press conference of a domestic game developer....

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