KTOA Successfully Hosts the Inaugural Startup Support Center Demo Day

The Korea Telecommunications Operators Association (KTOA) announced the successful hosting of the '1st KTOA Startup Support Center Demo Day' both offline and online on the 13th.

The event saw participation from various stakeholders including venture capitalists, accelerators, telecommunications companies, and relevant institutions. Starting with remarks from KTOA Vice Chairman Lee Sang-hak and a speech by Kim Sung-mook, LG Uplus' Strategic Investment Manager, Park Hee-deok, CEO of Translink Investment, delivered a keynote speech on 'How to Create Business and Establish a Company.'

Eight teams from the mobility and 5G·6G sectors conducted IR pitching. In the mobility sector, participants included SolidVue, Eta Electronics, Chainlogis, and Planaga. In the 5G·6G sector, participants were ModuAccount, ETForce, Chips K, and Cremo.

The Demo Day judging panel comprised Capstone Partners, Quantum Ventures Korea, Darol Investment, KB Investment, LG Uplus, and Mashup Angels. SolidVue from the mobility sector was selected as the Grand Prize winner, while Cremo received an Excellent Prize, and Eta Electronics, Planaga, and Chips K were each awarded Encouragement Prizes with prize money granted. Participating companies received benefits such as investment opportunities through KIF VC, business linkage support with telecommunications companies like SK Telecom, KT, LG Uplus, and opportunities for residency in the KTOA Startup Support Center.

Vice Chairman Lee Sang-hak mentioned, “I hope this event serves as an opportunity to discover deep-tech startups in the mobility and 5G·6G sectors, leading the digitalization of South Korea, and widely promoting the outstanding capabilities of participating companies.” He further added, “We will continue our efforts to support venture startups actively.”

KTOA is planning another Demo Day in December and aims to strengthen the foundation for activating startups through the expansion of nurturing facilities. The Startup Support Center is undergoing renewal with the goal of enhancing its capabilities and inviting new entries through a naming contest.

View original article : KTOA, 제1회 창업지원센터 데모데이 '성료' - 전자신문 (etnews.com)