Born2Global participated in World Bank Group’s “Korea Innovation Week,” which took place in Washington D.C., upon invitation from the World Bank. At the event, Born2Global had the opportunity to introduce Korea’s startup ecosystem as well as companies with cutting-edge technology. Beginning with a startup meeting hosted in Korea with the World Bank in 2019, both institutions continue to discuss ways to cooperate.
Born2Global attended in a subcommittee workshop on digital development, where it gave a presentation on Korea’s startup ecosystem, which is based on active cooperation between the public and private sectors, and Korean government policy support for startups that wish to debut overseas. In particular, it introduced examples of Korean collaborative projects with MDBs (multilateral development banks) that were implemented to support the growth and build the capabilities of companies already in possession of innovative technologies.
GSIL presented on a smart construction safety management system that can be applied to infrastructure building (energy, transportation, etc.) and maintenance projects, while Hylium Industries presented the advantages of liquid hydrogen-based energy as a future energy source. LUXROBO introduced a STEM (science, technology, engineering, and mathematics) educational solution based on IoT and robotics and proposed cooperation with MDBs on projects for STEM education in developing countries. By highlighting the potential of cutting-edge gaze-tracking technology for use in the fields of education and medicine, VisualCamp introduced ways in which developing countries can see the possibility of communication with pre-speech infants and/or patients who cannot otherwise express themselves.
A total of 21 meetings were held with departments of the World Bank affiliated with a variety of relevant projects (smart city, infrastructure, urban development, energy, education, technological innovation, etc.). Discussions focused on concrete ways in which the technologies of innovative Korean companies can be applied to projects in developing countries and ways to collaborate in the future.
About Born2Global Centre
Born2Global Centre (www.born2global.com) is a full-cycle service platform for global expansion. Since inception in 2013, Born2Global has been setting the standard for successful startup ecosystem as the main Korean government agency under the Ministry of Science and ICT. Born2Global has expanded and transformed startups to be engaged, equipped and be connected with the global market.
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