South Korea's largest startup event COMEUP 2020 invites startups for virtual pitches

By: COMEUP 2020
SEOUL, South Korea - July 29, 2020 - PRLog -- South Korea's most significant event for startups and small businesses - COMEUP 2020 will be held from November 19 to 21, 2020. The event will be livestreamed to tens of thousands of viewers globally. The objective of the COMEUP 2020 event, organized by the Ministry of SMEs and Startups (MSS), is to support startups expand globally. The annual event has started accepting applications from startups for the opportunity to virtually present their pitches.

Startups are invited to use this opportunity to connect with leading investors, companies and government agencies from South Korea and other countries, as well use this as a platform to grow their business in South Korea, Asia's fourth largest economy and a global leader in ICT, home to tech majors like Samsung, LG, Kakao, and others.

"International startup conferences are being canceled one by one due to the COVID pandemic, and there is a lack of opportunity for startups to attract international investment and go global through networking. In this context, COMEUP will be a silver lining," said Lee Soonbai, Director of the Startup Policy Division at MSS.

Online Pitching opportunity for startups from all over the world

This year, the event will hold online pitching sessions for global startups to get an opportunity to showcase their startup to investors and other stakeholders. Promising startups can sign up for the virtual startup pitch from July 24, 2020 to August 23, 2020 (GMT+9). The virtual startup pitch consists of a total of 120 teams in 2 leagues - the Rocket League (84 teams), and the Rookie League (36 teams). The Rookie league will accept applications from startups that are less than 3 years old and have raised less than 410K USD investment. The Rocket league will accept applications from growth-stage startups.

The theme of COMEUP 2020 is 'Meet the Future - Post Pandemic, Led by Startups'

Some of the featured speakers this year are Chris Lee, CEO, SM Entertainment; Emmanuel LaLagarrigue, Chief Innovation Officer, Schneider Electric; Sophie Kim, CEO, Market Kurly; Saeju Jeong, CEO, Noom; and Henry Chesbrough, Professor at UC Berkeley. Investors like Sequoia Capital, Vickers, BAM Ventures, Collaborative Fund, and Grab Ventures are expected to attend as investor mentors.

HyunWook James Jung, COMEUP Secretary-General, stated, "Our expert-led Organizing Committee consists of functional teams like program planning, operations and PR. We are doing our best to prepare an online global conference so that practical assistance can be provided to the startups participating. Our objective is to help international and Korean startups gain recognition, networking and funding opportunities."

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