The Korea Trade-Investment Promotion Agency (KOTRA) announced on June 16 that it has successfully completed its Global Link Program aimed at helping deep tech innovative companies attract overseas investment.
In May, KOTRA conducted three rounds of pre-training for ten deep tech companies from the Daejeon area. The training covered practical topics, including preparing for technology validation (PoC), investment presentation techniques, and patent protection strategies.
Following the pre-training, the participating companies began their activities in Toronto, Canada, on June 16, engaging in investment presentations and one-on-one business consultations with over 60 local investors, startup incubators, and potential buyers over two days.
KOTRA's Toronto office and the city of Daejeon collaborated to highlight the advantages of Korea's advanced industrial landscape and investment environment. A representative from YSpace, a Canadian startup support organization, also provided tailored consultations on strategies for entering the North American market and localization methods.
The ten participating companies specialize in promising technologies in areas such as AI-based renewable energy solutions, digital healthcare, nuclear and radioactive waste management, biotechnology, and robotics and smart technologies.
To enhance the program's effectiveness, KOTRA partnered with various organizations, including the Daejeon city government, the Consulate General of the Republic of Korea in Toronto, the Daejeon Creative Economy Innovation Center, Daejeon Technopark, the Daejeon Job and Economic Promotion Agency, and KAIST Holdings.
Deep tech refers to technology fields that require long-term research and development (R&D) and investment, based on advanced science and engineering. Although initial costs are high and commercialization can take a long time, once established in the market, these technologies can create significant barriers to entry, making them a focal point for future growth in the global market.
Ah Young-joo, KOTRA's Vice President and Head of the AI Trade and Investment Division, stated, "Thorough preparation is crucial for our deep tech companies to gain proper recognition for their technological capabilities in the North American arena. Through KOTRA Academy's practical, tailored training, we will strengthen their global expansion capabilities."
* This article has been translated by AI.
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