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ASEIC News Korea-Sweden Startup Meetup Day hosted in Sweden

11 Jul 2019

ㅇ On June 12th, ASEIC, Korean Trade-Investment Promotion Agency (KOTRA), Business Sweden hosted the Sweden-Korea Startup Meetup Day in Stockholm, Sweden

ㅇ Startup meetup day is a ‘business partnership’ event that aims to expand Korean SMEs into Sweden coinciding with the Korean president’s tour of Northern Europe. 16 Korean startups, 12 Swedish startup businesses, 20 local and domestic investments companies, and 60 staffs attended the event.

ㅇ Sungmin Ahn, the CEO of O2O, who attended the pitching for attracting investment in Meetup day, said that “through the investment pitching and networking opportunities targeting Swedish investors in the event, we were able to sound out the pre-test bed application possibilities for AI/IOT products from Sweden and were able to gain the confidence for overseas expansion in developed countries.”

ㅇ On June 15th, the Korean Ministry of SME and Startup hosted a business meeting - attended by Minister Youngsun Park in Stockholm - with SMEs and startups that participated in the Sweden Business partnership. During the meeting, the participating startups voiced their opinions on the difficulties and supporting policies on domestic and foreign startup promotions and looked for support plans with the Korean Ministry of SME and Startups. 

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