Daedeok INNOPOLIS hosted Demo Day to attract investment for start-up companies
- Writer Manager
- Date 2017-04-04
- Views 2,454
□ INNOPOLIS Foundation has hosted
"2017 Daedeok INNOPOLIS Start-up Joint Demo Day" at Daedeok Tech Biz
Center(TBC) on April 4.
ㅇ This event was hosted to attract
follow up investment of start-up companies including Greensol Inc., Fine Eva
Inc. and other INNOPOLIS Research Institute Spin-of company that are discovered
and brought up by Daedeok INNOPOLIS accelerator.
ㅇ 8 start-up companies including
Fine Eva Inc.(INNOPOLIS Research Institute Spin-of company room no.101), G2G
Bio Inc., Nine Phase Inc., Intocore Technology Inc. participated in the event.
□ IR participants had chance to
present their core business items and visions, and later had Q&A session
with VC about the success strategy of companies.
□ On the vent, KB Investment, LSK
Investment and other 10 investment institutes participated and reviewed on the
investment opportunities of start-ups in INNOPOLIS and signed letter of intents
between investment institutes and businesses.
ㅇ LSK Investment (CEO Kim Myeong Gi)
saw highly of G2G Bio's professionality and stable growth potential in its
incrementally modified medicine research and signed 2 billion won scale letter
of intent.
ㅇ Furthermore, Jiyou Investment Inc.
showed 500 million won investment interest to Intocore Technology Inc., and
Daedeok Venture partners which employs Micro VC Fund(Start-up accelerating fund
in Chungcheong region) showed 100 million won investment interests to G2G Bio
Inc. and Nine Phase Inc. each.
* Micro VC Fund (Start-up
accelerating fund in Chungcheong region) : It is a fund organized by investment
from INNOPOLIS Foundation and others in order to sponsor technology financing
of start-up companies. It invests on small or medium venture companies less
that 3 years old with more than 5% of R&D proportion compared to sales
while the annual sales does not exceed over 1 billion won.
□ Mr. Yoon Byeong Han, the director
of INNOPOLIS Foundation Daedeok INNOPOLIS headquarter said "for successful
financing at the proper moment of start-up companies, the foundation will
consistently support and put effort on hosting regular Demo day and connecting
to INNOPOLIS fund".
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