KITA opens Startup Branch at COEX
Industry Minister Sung Yoon-mo, third from left in the front row, and KITA CEO Kim Young-ju, fourth from left in the front row, pose with entrepreneurs and industry officials at the opening of the Startup Branch at COEX, Tuesday. Courtesy of KITA By Kwak Yeon-sooThe Korea International Trade Association (KITA) has opened a “Startup Branch” at COEX, with an aim to provide an open platform for startups to scale up and globalize. All aspiring entrepreneurs, venture capital companies (VCs) and accelerators are welcome to use the branch, according to KITA, Tuesday. The Startup Branch is divided into offices where startups can pitch their disruptive ideas, a consulting area where startups, VCs and accelerators can engage in networking, and a cafeteria. “Considering declining exports and the sluggish economy, it is necessary to both globalize and scale up startups,” KITA CEO Kim Young-ju said during a press conference introducing the Startup Branch.“The Startup Branch is a
Jun 4, 2019By Kwak Yeon-soo