At the ‘Korea-American Women Entrepreneurs Conference’ held at New York University’s Kimmel Center in the US on the 22nd (local time), Kim Bun-hee, President of the Korean Women’s Venture Association, Lee Young, Minister of Small and Medium Venture Business, Jen Earl, President of the National Association of Women Entrepreneurs, and Lee Jung-han, President of the Korean Women Entrepreneurs Association (From left) is taking a commemorative photo following signing a business agreement to build a cooperative relationship. [사진 제공 = 중소벤처부]
“New York, USA is just the beginning. Next year, we are considering holding a global event to attract startup investment in the Middle East.”
Minister of SMEs and Startups Lee Young said, “I am drawing a blueprint to induce huge oil money into investment in domestic startups” at a press conference following the ‘Korea-US Startup Summit’ held in New York on the 20th (local time). said.
Minister Lee said, “After the Middle East created a 7 trillion won fund using oil money, it has recently expanded alternative investments such as venture investment. ) We are planning an event to attract investment from the Middle East.”
At this New York event, Minister Lee is known to have secured a human network to attract Korean startup investment from wealthy countries in the Middle East. Minister Lee introduced Chandrika Tandon, a New York University director, whom she met on the day, and said, “In business, interaction with people is important, and Mrs. Tandon has a wide human network in rich countries in the Middle East.” It is expected to help attract investment from oil money in the future by showing a reaction.”
There is also the possibility of collaborating with New York University. Minister Lee said, “We visited New York University and met with New York University President Andrew Hamilton and shared our vision for the Middle East market while discussing ways to cooperate to support Korean startups.” He continued, “President Hamilton explained the importance of the Middle East market and suggested that we work together as we will open up the infrastructure of New York University.”
Minister Lee is scheduled to conduct a preliminary tour of the Middle East region from next month. Minister Lee said, “When visiting Silicon Valley, we met with local unicorn companies and agreed to create a network where successful unicorns in the United States can mentor Korean startups. “he emphasized.
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