Korea Development Bank hosts KDB V:Launch North Jeolla Special for regional startups, about 150 attend
Korea Development Bank held an investor event at Jeonbuk National University for startups in North Jeolla Province, which had limited access to investors.
Korea Development Bank held the "KDB V:Launch North Jeolla Special" on Friday afternoon at the Industry-Academia Convergence Plaza of Jeonbuk National University, according to biz.heraldcorp.com. biz.heraldcorp.com
biz.heraldcorp.combiz.heraldcorp.comOpen source ↗ The event drew about 150 attendees. Bank Chairman Park Sang-jin said the bank would "provide full support so that promising regional companies can overcome the constraints of capital and networks and break into bigger markets."
Participants and purpose
Attendees included Park, North Jeolla Province Governor Lee Won-taek, Jeonbuk National University Vice President Lee Dong-heon, Korea Startup Forum Chairman Kim Jae-won, venture investors from the Greater Seoul area, and startup representatives from the southwestern region.
The organizers said the event was meant to examine the province's future growth potential, support local startups in attracting investment, and contribute to youth job creation and regional economic revitalization. Park said the bank would go beyond being a simple capital supplier and become a growth partner that connects technology with capital, and companies with markets.
Investor presentations and the KDB V:Launch platform
The bank prepared an investor relations event for regional startups that had limited access to investors. It gave them a chance to showcase their technology and growth potential and to expand their fundraising opportunities. biz.heraldcorp.com
biz.heraldcorp.combiz.heraldcorp.comOpen source ↗ Attendees also visited a demonstration lab at Jeonbuk National University, where they saw software control physical robots rather than remain at the level of algorithms.
Korea Development Bank has operated KDB V:Launch since May 2023. The venture platform's name carries the meaning of "launching the value and success of venture companies," and it provides networking opportunities for innovative companies in the southern region to attract investment and expand their business.
Earlier in the same month, the bank held the "KDB V:Launch Fly Asia Special" at BEXCO in Busan, creating a forum for venture investors and related organizations to connect.
