BORN2GLOBAL

  • banner
  • banner
  • banner

H > News

  • Deep Tech for the New Normal: LAC-Korea Deep Tech Exchange Program


  • IDB Lab and Born2Global Centre launch a new initiative for promoting deep tech exchange in IDB member countries by supporting the formation of partnership prototypes between startups in Latin America and the Caribbean and Korea.


     Learning from South Korea’s successful COVID-19 experience with deep tech startups, IDB Lab has partnered with Born2Global Centre, Korea’s global deep tech startup accelerator, to launch the LAC-Korea Deep Tech Exchange Program aimed at promoting global exchanges for LAC deep tech ecosystems to solve short-term (mitigation) and medium-term (economic recovery and reopening) challenges caused by COVID-19.



     In Korea, this new program was launched at the LAC-Korea Startup Joint Partnership Prototype Unpackedevent held on October 21st at Pangyo Startup Campus hosted by Born2Global Centre. Ambassadors and representatives from (18) Embassies of LAC countries in Korea were the primary offline guests to the event, while the IDB Lab and LAC ecosystem players as well as startups from Korea and LAC countries attended the event via online. The Unpacked event, which was also broadcast live online, provided an opportunity for Born2Global Centre and IDB Lab to showcase the key highlights of the program and discuss ways to get the ecosystem players involved for its successful launch and implementation. 




     Irene Arias Hofman, CEO of the IDB Lab, welcomed the event, mentioning that deep tech is a strategic area with high impact potential in the Latin America and the Caribbean, and that partnerships with ecosystems like Korea this will bring forward mutual inspirations and solutions to the region’s systemic problems.   




     According to the details of the program which was unveiled at the on/offline event, Born2Global Centre, in collaboration with IDB Lab and LAC ecosystem players, will source Korean and LAC companies with innovative solutions in key sectors including HealthTech, BioTech, AgTech, ClimateTech, IndustryTech, and EdTech. The deep tech companies will then go through a matchmaking process to discuss the possibility of forming joint partnership prototypes that may be in the forms of joint ventures, knowledge transfer, or other innovative collaboration pilots.


     The program aims to create 5-7 pairs of LAC-Korea deep tech joint partnerships which will be eligible to receive prototype financing from IDB Lab. In addition, to further promote the LAC deep tech ecosystem, the LAC ecosystem players that have sourced the selected startups will receive an acceleration fee. The successful joint partnerships will go through a period of joint R&DB supported by Born2Global Centre with the objective of expanding their markets within and outside the LAC region, and become leading innovators in deep tech.


     LAC deep tech ecosystem builders including accelerators, company builders, universities, and corporate venture hubs are invited to partner with IDB Lab and Born2Global Centre in this initiative. LAC deep tech entrepreneurs and startups interested in partnering with Korean startups and technologies can also reach out to the local LAC ecosystem builder or contact IDB Lab and Born2Global Center.




     Jongkap Kim, Chief Executive Director of Born2Global Centre, reaffirmed the timeliness and significance of this new collaborative effort by stating that “Born2Global Center, with the support of IDB Lab, will focus on making LAC-Korea Deep Tech Exchange Program the catalyst for promoting deep tech ecosystems in Korea and LAC countries and demonstrating to the global community that global collaboration and joint innovation can flourish despite the pandemic, helping nations cope with the challenges faced and prepare for the post-COVID digital transformation.





    Comments

STARTUPS OF THE WEEK

    • 1 AFUN INTERACTIVE
      Headquarters

      #401, 23, Seonyu-ro 49-gil, Yeongdeungpo-gu, Seoul, Republic of Korea

      Description

      Real-time Interactive 3D Digital human

    • 2 Wellscare Co.,Ltd
      Headquarters

      507, 5F, 107, Gwanggyo-ro, Yeongtong-gu, Suwon-si Gyeonggi-do, Republic of Korea / (US) 3580 WILSHIRE BLVD, STE 1460, LOS ANGELES, CA 90010

      Description

      The stylish, comfortable and safe home-care laser pain therapist IASO

    • 3 Riiid
      Headquarters

      29, Teheran-ro 87-gil, Gangnam-gu, Seoul, Republic of Korea

      Description

      Riiid is bring creative disruption to education market through AI technology.

    • 4 SSenStone Inc
      Headquarters

      #808, Digital-ro 30-gil 28, Guro-gu, Seoul, Republic of Korea

      Description

      StonePASS provides various authentication methods such as FIDO biometrics, security PIN, pattern, mOTP, etc. into a single solution.

    • 5 12CM
      Headquarters

      Pangyo Silicon Park A-501 Seongnam, Gyeonggi 13486, Republic of Korea

      Description

    • 6 SketchOn
      Headquarters

      Corporate Collaboration Center #85313, 2066, Seobu-ro, Jangan-gu, Suwon-si, Gyeonggi-do, 16419

      Description

      Harmless, Easy-to-Erase Printed Tattoos

    • 7 Dable
      Headquarters

      #301, 22, Nonhyeon-ro 79-gil, Gangnam-gu, Seoul, 06237

      Description

      Explain Your Business in One Line

    • 8 SMART STUDY
      Headquarters

      5F, 94, Myeongdal-ro Seocho-gu, Seoul, 06668

      Description

      Sing, Play and Learn with PINKFONG

    • 9 HYLIUM INDUSTRIES, Inc.
      Headquarters

      #3-326, Pangyo-ro 289beon-gil 20, Bundang-gu, Seongnam-si. Gyeonggi-do, Republic of korea

      Description

    • 10 Ovitz Corporation
      Headquarters

      260 East Main Street, Suite 6103 Rochester, NY 14604

      Description

      Compact, Fast, Portable Eye Diagnostic Device

    • 11 Lunit
      Headquarters

      169, Yeoksam-ro, Gangnam-gu, Seoul, Republic of Korea

      Description

      DIB is an imaging biomarker derived from large-sca

    • 12 linkflow
      Headquarters

      Yugi tower 13F, Teheran-ro 69gil 5, Gangnam-gu, Seoul Korea

      Description

      Wearable 360 degree camera company

    • 13 Exosystems, Inc.
      Headquarters

      #804, 815, Daewangpangyo-ro, Sujeong-gu, Seongnam-si, Gyeonggi-do, Republic of Korea

      Description

      Exosystems provides a new paradigm of rehabilitation with the slogan-“Fun @Home, Data Driven Rehab!”

    • 14 Visual Camp
      Headquarters

      Startup Campus #325, 289beon-gil 20, Pangyo-ro Bundang-gu, Gyeonggi-do, 13488

      Description

      Eye Tracking Technologies for Mobile VR Devices

    • 15 MOPIC
      Headquarters

      85307, corporate collaboration center, 2066 Seobu-ro, Jangan-gu, Suwon-si Gyeonggi-do, Korea 16419

      Description

      Your Breathtaking Mobile 3D Theater

    • 16 NEWRATEK
      Headquarters

      2~4F, Iksung Building, 6, Bongeunsa-ro 112-gil, Gangnam-gu, Seoul, 06170

      Description

      New Radio Communications for a New Era

    • 17 ZOYI Corporation
      Headquarters

      15F, KR Tower, 141, Teheran-ro Gangnam-gu, Seoul, 06132

      Description

      Growth Hacking for O2O Commerce

    • 18 Salted Venture
      Headquarters

      340 Nonhyeon-ro, Gangnam-gu, Seoul, 06227

      Description

      Fixing Golf Swings and Squats from the Feet

startups_left startups_right