Korea University taps Europe’s largest network to pave the way for deep-tech ventures’ overseas expansion

[Financial News] Korea University will step up support for the entry into the European market of deep-tech (advanced-technology) startups on campus that have proven their technological capabilities on the global stage. The Korea University Anchor Business Group said on the 6th that it had signed an MOU with DeltaTech Korea and Edi Research, Korean consortium member organizations of the Enterprise Europe Network (EEN), the European Union’s largest technology and business cooperation network. The signing ceremony was held on September 29.
The agreement was established to help the overseas expansion of Korea University startups translate into tangible results, after they demonstrated their competitiveness by winning a series of innovation awards at the recent Consumer Electronics Show (CES), the world’s largest electronics and IT trade show.
Korea University plans to prioritize holding a demo day for European venture capitalists (VCs), along with tailored consulting and business development training to support entry into the European market. DeltaTech Korea, which has strengths in supporting technology-based advanced-tech companies, and Edi Research, which specializes in commercialization for universities and research institutions, are joining forces to provide comprehensive support.
EEN, a partner in the collaboration, is the world’s largest business support network, launched by the European Commission (EC) in 2008. It currently brings together around 600 organizations in about 60 countries and more than 3,000 experts. In Korea, the Korea Institute for Advancement of Technology (KIAT), under the Ministry of Trade, Industry and Energy, serves as the lead agency and manages the network.
Baek Sang-heon, head of the Korea University Anchor Business Group, said, "With this agreement, we will actively support startups with the Anchor Business Group’s European technology commercialization network, infrastructure and experts, so that Korea University startups can grow into unicorn companies with global competitiveness."

[email protected] Kim Man-gi Reporter