The Korea Technology Guarantee Fund (KOTEC) has partnered with Stanford University and Hanmi Bank to support domestic ventures and startups in entering the U.S. market and securing investments.
According to KOTEC, the 'K-Venture Global Market Connect' event was held on September 23 at the Startup Venture Campus in Silicon Valley.
This event was conducted in collaboration with the Consulate General of the Republic of Korea in San Francisco, Stanford's Center for Innovation and Design Research (SCIDR), Hanmi Bank, and the SVC operating organization, with over 70 attendees from local institutions, venture capital firms, and startups.
SCIDR operates an accelerator program aimed at discovering promising startups in consumer goods sectors such as K-beauty and K-food, supporting their entry into the U.S. market. The fifth session of the program included KOTEC's technology finance briefing and on-site consultations as official sessions.
KOTEC introduced global technology finance support systems, including overseas expansion guarantees and investment-linked guarantees, and provided guidance on investment and financial support options linked to local venture capital and financial institutions, as well as global technology transfer projects. Hanmi Bank also offered information necessary for local financial utilization and funding for early-stage companies entering the U.S. market.
Participating startups in the K-beauty, wellness, and consumer tech sectors conducted investment presentations (IR) targeting local venture capitalists. KOTEC plans to promote tailored financial support and follow-up investment connections based on investor feedback and individual financial needs.
Lee Jong-hyuk, head of KOTEC's Silicon Valley branch, stated, “This event is significant in connecting SCIDR's global startup support capabilities with KOTEC's technology finance and local financial and investment networks to facilitate the entry of domestic startups into the U.S. market.” He added, “KOTEC will continue to expand various innovation support services, including global technology transfer, mergers and acquisitions (M&A), and marketing, to actively support the global growth and commercialization of K-ventures and startups.”
Meanwhile, KOTEC is strengthening technology finance and investment linkages to support the scale-up of companies entering global markets. The organization is working to enhance communication with ventures and startups in the Americas and to create a field-centered global growth ecosystem.
* This article has been translated by AI.
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