Governor Kim Yungrok Lays Foundation for the Innovative Growth of Start-ups in Jeollanam-do at CES
Governor Kim Yungrok Lays Foundation for the Innovative Growth of Start-ups in Jeollanam-do at CES
- Jeollanam-do signs business agreement with global accelerator leader, Plug and Play (PNP)
- Tailored support for local companies with technological expertise to expand into the global market
(Contact Kim Daein, Investment Attraction Manager, 286-5110 / Contact Jeong Inwon, Foreign Investment Team Leader, 286-5140)
(Attached are two photos of the business agreement signing with PNP at CES)
On January 10, 2024 (local time), Governor Kim Yungrok of Jeollanam-do signed a business agreement with Plug and Play (PNP), the world’s largest start-up accelerator, during the Consumer Electronics Show (CES) held in Las Vegas, USA. It aims to foster innovative growth for businesses in Jeollanam-do.
An accelerator refers to a company that identifies and supports start-ups.
Following the agreement, PNP and Jeollanam-do have committed to collaborate, aiming to foster the advancement of Jeollanam-do’s entrepreneurial environment and facilitate innovation and growth for local businesses.
Key collaboration efforts encompass operating customized start-up development programs, attracting investments for promising companies, and establishing a network with global entrepreneurial support institutions.
Headquartered in Silicon Valley, USA, PNP is the world’s largest start-up accelerator and investor, having produced over 30 unicorn companies (private start-ups valued at over KRW 1 trillion), including PayPal, Google, and Dropbox, along with more than 1,600 start-ups.
Governor Kim Yungrok highlighted, “The extensive corporate network facilitated by Plug and Play presents an excellent opportunity for innovative enterprises in Jeollanam-do to expand internationally. We are committed to supporting local start-ups with exceptional technological capabilities to become global entities.”
◇ Photo Captions
(Photo 1, 2: Business Agreement Signing with PNP at CES)
Governor Kim Yungrok of Jeollanam-do (center), currently on an official visit to the United States, signed a business agreement with Plug and Play (PNP), the world’s largest start-up accelerator, during the Consumer Electronics Show (CES) held in Las Vegas on January 10, 2024 (local time). The agreement is geared toward promoting the innovative development of businesses from Jeollanam-do.
(Photo 3: Jeollanam-do Governor Kim Yungrok Tours Korea Pavilion at CES)
On an official visit to the United States, Governor Kim Yungrok of Jeollanam-do (right) toured the Korea Pavilion at the Consumer Electronics Show (CES) in Las Vegas on January 10, 2024 (local time).