À̹ÌÁö È®´ë SMB President Lee Sang-jik
South Korea¡¯s Small & Medium Business Corporation (SMB) plans to set up incubation centers for Korean startups in China and the United States as part of the government¡¯s campaign to create jobs and fuel entrepreneurial growth.
The company said Thursday it will build the centers in three locations - Beijing, Seattle and Silicon Valley - and offer marketing assistance, financial resources, consulting, and research and development support for entrepreneurs at initial stages of development.
To start off, SMB signed a memorandum of understanding with Zhongguancun Innoway, a technology hub in Beijing commonly referred to as China¡¯s Silicon Valley. Under the agreement, the company would build the incubation center and foster exchange among startups, share knowhow, and hold joint seminars and conferences.
Zhongguancun Innoway is China¡¯s first government-backed startup cluster that has nurtured some of the country¡¯s biggest tech names including Baidu, Tencent, Lenovo and Xiaomi. The village houses 45 venture service agencies, 100 venture capital agencies and currently incubates more than 600 startups.
SMB said it will release a more detailed roadmap after consultation with Innoway and Beijing export incubator.
¡°We plan to set up the Beijing center as early as next year so it can serve as a gateway for Korean startups in China,¡± said SMB President Lee Sang-jik.
By Seo Chan-dong and Kim Hyo-jin
[¨Ï Pulse by Maeil Business Newspaper & mk.co.kr, All rights reserved]