| Mobile Web

NIPA, Korea Business Angels Association to cooperate on AICT startups\' global expansion

Korea\'s National IT Industry Promotion Agency (NIPA) said on Sept. 21 it signed an agreement on Sept. 18 with the Korea Business Angels Association to support two-way domestic and overseas expansion by AICT startups. The two organisations said they will build a support system linking overseas expansion by local startups with the resettlement in Korea of overseas Korean technology talent. Cooperation areas include startup discovery, settlement support, commercialisation and investment support, and growth paths for follow-on funding and overseas expansion.