KB Financial Group has hosted a Global Demo Day in Singapore to support domestic startups' entry into the Southeast Asian market.
On August 26-27, KB Financial, in collaboration with the Korea Small Business and Startup Agency's K-Startup Center in Singapore, conducted a program aimed at assisting local startups in expanding their business. The event was announced on August 28.
Twelve startups participated in the event, including seven selected for the 'KB Starters' program in May. This year's program, the second of its kind, featured not only a demo day but also meetups and visits to key local institutions to experience the startup ecosystem firsthand.
Participating companies visited TechX Ventures, a subsidiary of Singapore's Home Team Science and Technology Agency, the startup industry association ACE.SG, the Open Innovation Center The GEAR in Kashima, Japan, and Temasek Polytechnic. They discussed commercialization possibilities with local officials and explored investment opportunities through one-on-one meetings with Southeast Asian and global venture capitalists.
On August 27, KB Financial also held a 'Global IR Day' at its hub in Singapore. Startups presented their business plans to potential investors and partners while networking with local stakeholders.
KB Financial explained that this program provided domestic startups with direct access to local markets and investors. The group plans to continue supporting promising domestic startups in their overseas expansion using its global network.
A KB Financial representative stated, "We will continue to act as a growth partner so that promising domestic startups can showcase their technology and business capabilities in the global market."
On August 26-27, KB Financial, in collaboration with the Korea Small Business and Startup Agency's K-Startup Center in Singapore, conducted a program aimed at assisting local startups in expanding their business. The event was announced on August 28.
Twelve startups participated in the event, including seven selected for the 'KB Starters' program in May. This year's program, the second of its kind, featured not only a demo day but also meetups and visits to key local institutions to experience the startup ecosystem firsthand.
Participating companies visited TechX Ventures, a subsidiary of Singapore's Home Team Science and Technology Agency, the startup industry association ACE.SG, the Open Innovation Center The GEAR in Kashima, Japan, and Temasek Polytechnic. They discussed commercialization possibilities with local officials and explored investment opportunities through one-on-one meetings with Southeast Asian and global venture capitalists.
On August 27, KB Financial also held a 'Global IR Day' at its hub in Singapore. Startups presented their business plans to potential investors and partners while networking with local stakeholders.
KB Financial explained that this program provided domestic startups with direct access to local markets and investors. The group plans to continue supporting promising domestic startups in their overseas expansion using its global network.
A KB Financial representative stated, "We will continue to act as a growth partner so that promising domestic startups can showcase their technology and business capabilities in the global market."
* This article has been translated by AI.
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