13 Korean Tech Startups Pitch to prominent investors in the Nation's Capital.
The KIC-FedTech Accelerator Pitch Day, held on 10/3/2019, is the final phase of the accelerator program in which the startups put their newly acquired skills and knowledge to the test by pitching to active & accredited investors and stakeholders.
This event was hosted by the Korea Innovation Center (KIC) which is the Korean government-backed technology innovation center in Washington D.C. The event featured a pitching competition in which the best presenter was selected by a panel of judges. The winner of the competition was Tony Kim, CEO of Corners Co., Ltd. Judges from the panel included Christopher Schroeder, entrepreneur, investor, and bestselling author, as well as Alicia Fuller, from Silicon Valley Bank who overseas partnerships with emerging startups in the DC area. The event was attended by active investors, mentors, and program instructors with experience in tech, entrepreneurship, and government contracting.
The 2-week accelerator program was designed for 13 of the leading Korean tech companies, carefully picked from a pool of startups in Korea considered to have the most potential for US market expansion. Through this KIC technology accelerator program the Korean tech entrepreneurs learned from industrial experts, mentors and government officials on how to successfully launch their product into the U.S. and secure funding. This event focused on companies in healthcare, security, drone technology, and blockchain.
The 13 participating companies were:
"KIC strives to be a bridge between Korean startups and the North East US market. Through our hardworking community of KIC members, mentors, investors and partners such as FedTech, I believe we have successfully created an epicenter of cross-cultural business alliance, and we hope to continue to grow and bring innovative technologies into the US market." -Jung Moon, Director General of Korea Innovation Center
KIC Washington is a Korean government supported organization under the Ministry of Science and ICT that specializes in facilitating connections and expansion to the U.S. market for Korean tech startups. Over the past five years, The KIC Washington branch has helped over 500 Korean startups achieve growth in Korea and the United States.
For more information, please contact the Korean Innovation Center's website at https://kicdc.org
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