Time of press release	From morning paper of Apr. 10(Wed.), 2019	Distribution date	Apr. 9, 2019(Tue.)
Department in charge	Technical commercialization team of Daegu Special Zone Head Office, Team leader Jo Myung-hyun(053-592-8351), Koo Bon-cheol (053-592-8357)

「Daegu Business Start-up Campus」 will be established in earnest

- INNOPOLIS Foundation and Daegu Bank concluded Daegu Business Start-up Campus Development Agreement

□ INNOPOLIS Foundation(Chairman of the board, Yang Sung-kwang, expressed as INNOPOLIS Foundation henceforth) made 「Daegu Business Start-up Campus Development Agreement」with DGB Daegu Bank(Bank president, Kim Tae-oh, expressed as Daegu Bank henceforth) on April 9 to establish Daegu Business Start-up Campus(5th floor, the second headquarters of Daegu Bank) and to promote its operation in earnest.

□ This agreement is a kind of formal agreement to promote the “Business Agreement for the Establishment of a Coexistent(Win-Win) Cooperation Model between Innovation Subjects of Public and Private Sectors” signed between INNOPOLIS Foundation and Daegu Bank signed on Jan. 29. As INNOPOLIS Foundation was registered as a designated donation organization (Notification of Ministry of Strategy and Finance. No 2019-9, Mar. 29 2019), the  prospects of violating the Anti graft Law are abandoned. The court ruled that there was no problem with the violation of the law and the accounting of donation method.

□ This agreement aimed at establishing and operating an infrastructure optimized to support company growth at the Daegu Business Start-up Campus of INNOPOLIS Foundation and Daegu Bank, and specified details such as the period of the agreement, roles of all the parties, and maintenance.

<Summary of Agreement>

· (Name of Agreement) Daegu Business Start-up Campus Development and Operation Agreement

· (Target area) 5th floor, Second headquarters of Daegu Bank, Oksan-ro 111, Buk-gu, Daegu

· (Contracted period) From the date of the agreement to December 31, 2023

· (Matters pertaining to development)

- (Daegu Bank) Provides INNOPOLIS Foundation with target area for free for five years, and develops Daegu Business Start-up Campus(design, construction, etc.)

- (INNOPOLIS Foundation) Operates Daegu Business Start-up Campus, supports the selection and management of companies, and aids company growth program

□ To do this, Daegu Bank will infrastructure environments and establish facilities on the 5th floor of its second headquarters located in Chilsung-dong to provide them free of charge to INNOPOLIS Foundation by the end of December 2023. With the goal of opening in June of this year, Daegu Bank is in the process of completing internal design with professional design companies related to start-up facilities.

□ Daegu Business Start-up Campus will provide ▲ support the occupancy of promising start-ups in financial and IT fields such as finance, big data, artificial intelligence, block chain(30~40), ▲ participation space(co-working space for networking and community activation among residents ▲ sharing space(used for business information session, corporate IR events etc.). Daegu Bank plans to develope the best start-up space by providing facilities including interior and office furniture so that start-ups can achieve brilliant growth and development in a free and comfortable atmosphere. Construction will begin in April with the aim of completion at the end of May.

□ Daegu Special Zone Head Office of INNOPOLIS Foundation plans to regularly conduct many programs from prep entrepreneur and start-up hunt to corporate diagnosis, mentoring, intensive program operation, network, and demonstration day at Daegu Start-up Campus through 2019 Accelerating(execution organization: Y & Acher(Inc.) and Darae Strategic Commercialization Center(Inc.) and Innopolis Campus(execution organization: Yeungnam University, Daegu University, Keimyung University). The recruitment announcement for occupancy is expected to be made by the end of April.

□ In addition, Daegu Special Zone Head Office will promote various support programs such as connection support for investment attraction, global advancement, and activation of angel club through direct technology finance network at Daegu Business Start-up Campus.

<INNOPOLIS Foundation Support Project(plan)>

Support occupancy		Support growth			Connection with other organizations			Technology finance connection			Global advancement
Start-up, accelerator hunt	》	Growth stage & customized program		》	R&BD, design, job-seeking Support		》	IR, financial support organization connection	》		Participation in overseas exhibitions, marketing channel acquisition
⟰⟱			⟰⟱			⟰⟱					⟰⟱
Daegu Special Zone			Accelerator project			Daegu Special Zone, Special Zone fund manage, prior information(?), news(?), TP					Global advancement support project

□ Kim Tae-oh, president of Daegu Bank said, "Daegu Bank has been playing a pivotal role in the local economy for half a century since its launch in 1967. And we hope Daegu will become a mecca for promising start-ups through the support of Daegu Start-up Campus and be a great help to create jobs and revitalize the local community.”

□ “The Daekyung area will be developed as a hub for start-up support of IT and financial industries with the creation of the Daegu Business Start-up Campus. And we will create a good example of success in local industrial development and job creation through cooperation model between Daegu Bank, a private company, and INNOPOLIS Foundation, a public institution.,” said Kim Yong-wook, director of the Daegu INNOPOLIS.

Attachment1	Operating plan of Daegu Special Zone Accelerating Project

□ Start-up hunting

ㅇ Intensive hunt of prep entrepreneur and start-up on Daekyung area through various programs such as briefing session, mentoring day, special lecture about start-up, and seminar

* Recruitment of companies or pre-founders within three years of starting business in the Daekyung area(~end of May, 2019)

* Selection through evaluation of corporate competence, technology, and business feasibility

□ Operation of Accelerating program

ㅇ (Corporate Diagnosis Consulting) Establish the direction and intensive support field of companies' accelerating of through understanding the current situation

* Analysis of business performance capacity and management issues of companies using expert diagnosis opinions and business data, and presentation of diagnosis results

ㅇ (Customized Mentoring) Identifying business needs → Promotion of systematic and close mentoring → Contributing to internal and external growth of companies

<Mentoring Pool>

Consists of start-up instructors, technology traders, management experts, patent attorneys, technology valuation inspectors, design experts, technical experts, financial and accounting experts, investment experts, investment experts, market and marketing experts

<Mentoring program(ex)>

Investment	Marketing	Distribution	Overseas expansion	Development;	Consultation
Business plan, investment strategy, investment contract	Marketing/public relation SNS marketing, Viral marketing	wholesale and retail	Global strategy	Construction of IT technology massive system	law, accounting and financial, intellectual property rights	Korea Technology Finance Corporation Institutions, Colleges

ㅇ (Intensive Program Operation) Provide customized education curriculum for each stage of start-up type through diagnosis by company and strengthen corporate business capacity

Programs such as start-up strategy and business model, accounting and practice, understanding of intellectual property rights, start-up financing strategy, investment attraction case, IR data and presentation coaching, understanding of start-up ecosystem

ㅇ (Corporate networking) Mutual exchange of companies, representatives, and employees, establishment of collaborative plans, expansion of strategic thinking, and plan strategies to attract overseas investment through networking

ㅇ (Domestic demo days) Introducing companies and attracting investments to connect networking that can help follow-up investments

Pre-preparation	Demo day	Follow-ups
Contact of pre-investment organizations, preparation of corporate promotional material	IR Presentation and Feedback Collection Strategic Networking, Selection	Linkage of start-up & investor Feedback and networking

ㅇ (Overseas demo day) Conducts a Overseas Demo Day to support successful investment attraction of promising companies wishing to enter the global market

Attachment2	Operating plan of Daegu Special Zone Inno Polis Campus Project

□ One-stop start-up support

ㅇ Promotes high quality start-up through the development of business ecosystem in Daegu Special Zone, such as Technical Start-up Training → Mentoring → Prototype and Marketing Support → Global Expansion

Technology and entrepreneurs hunt		Technical matching item upgrade					Technology innovation type start-up support				Childcare service support				Follow-up support
Pre-entrepreneur and start-up	》	Public technology matching item verification			》		Mentoring start-up			》	Prototype support Occupancy support		》		Other business connection support
<Education for start-up		<Item verification>					<Mentoring, Prototype>				<Occupancy support>				<IR & investment connection>
⟰⟱			⟰⟱			⟰⟱					⟰⟱				⟰⟱
Establishment of Collaboration System through Daekyung TLO Council, Inno Campus, and Specialized Technology Empowerment Project

□ Hunting of Excellent Entrepreneurship

ㅇ Promote the hunting of excellent start-ups by the participation of Experts in commercialization of technology and VCs in the verification of commercialization items

□ Other Organization connection

ㅇ Support for commercialization and occupancy after start-up through conncetion with local innovation organizations