The Investment Partnership Support Team is inviting global corporate venture capital (CVC) firms to Korea to meet with the nation’s leading components and materials companies.
Global Corporate Venture Capital Seminar & Partnering
When: Tuesday, June 8 – Wednesday, June 9, 2010
Venue: KINTEX, Goyang City, Kyeonggi-do, Korea
Participants:
- Global CVCs (Corporate Venture Capital)
- Leading Korean SMEs
- Local VCs & Financial Service Providers
Host: Ministry of Knowledge Economy (MKE)
Organizers: KOTRA (Korea Trade-Investment Promotion Agency / KIAT (Korea Institute for Advancement of Technology)
Support for Attending Global CVCs (subject to approval):
- Return Airfare (Economy Class)
- Three nights hotel accommodation
- Speaking fee for presenters (U$500)
- Pre-arranged meetings with Korean companies/VCs based on request
Additionally, running concurrently will be the International Materials & Components Industry Show 2010 (IMAC 2010), see here for more information.
If you would like more information please contact the Investment Partnership Support Team through Brett Moffat, on (+82) 2-3460-7536, or at b.moffat@kotra.or.kr, or through your local Korea Business Center.
About Korea’s Materials & Parts Industry:
Rogers Corporation’s announcement March 24 of their acquisition of SK Utis, is a continuation of the notable interest of late from global companies towards Korean materials & components manufacturers.
This interest can be attributed to the following factors:
Access to Customers – with Korean companies gaining market share in mobile, automotive, electronics, and shipbuilding industries, supplying these companies has now become increasingly lucrative.
Access to Technology – As Korea’s conglomerates, such as Samsung and Hyundai, have grown into world class companies, so have their suppliers.
Through on-going public and private sector support into dedicated R&D many Korean SMEs have developed some quite highly innovative, patented new products, take for example Ecol Biotech‘s biodegradable plastic, or Axia Materials‘ high performance polymers.
Access to a Global Network – Another noticeable change, is that these SMEs are reducing their reliance on their traditional Korean customers, expanding internationally, especially in emerging economies in East and South East Asia, the Middle East, and Eastern Europe, through joint ventures and alliances. In the process securing lucrative up and downstream supply chains.
Keeping these factors in mind, KOTRA’s Investment Partnership Support Team is inviting global corporate venture capital firms (CVCs) to Korea, to take part in “Global Partnering Korea 2010″.
Taking place over two days (June 8-9), the event will provide an incredible opportunity for international CVCs to not only learn about what is happening in Korea’s materials industry but also to meet with the major players, and investment seeking SMEs.
The Global Partnering Korea 2010 event, which is expected to attract up to 200 Korean companies, along with 50+ leading global players, will feature presentations from experts from the semiconductor, ICT, electrical materials’ fields, plus networking opportunities with Korean government officials, and representatives from leading firms, including Samsung and POSCO.
The main value-added aspect for CVCs will be the one-on-one IR meetings with Korean companies, arranged beforehand based on the request of participants.
Approved global CVC representatives will be eligible to receive full financial support for their return airfare, and three nights hotel accommodation.
One-on-one IR meetings held as part of the SMEs IR Expo 2009
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