Press

Underdogs, a startup education specialist, and Seoul Startups, a global startup community, have signed a Memorandum of Understanding (MOU) for mutual exchange and cooperation. Seoul Startups was established in April 2017 and is a community where approximately 5,100 domestic and foreign entrepreneurs staying in Korea exchange ideas.

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It is the largest global startup community operating in Korea. Based on this business agreement, Underdogs and Seoul Startups will establish and implement a joint cooperation system and plan to conduct startup education programs and community events targeting foreign entrepreneurs who wish to start businesses in Korea.

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The key content of the MOU between Underdogs and Seoul Startups is that Underdogs will support Seoul Startups' startup community activities held monthly with 20 global young entrepreneurs. Kim Jung-hun, CEO of Underdogs, said, "Through the business agreement with Seoul Startups, we expect more diverse innovative startup ideas to be exchanged within the domestic startup ecosystem."

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Seoul Startups also expressed expectations, saying that through cooperation with Underdogs, it is meaningful to develop into a community that fosters foreign entrepreneurs wishing to start businesses in Korea and is globally connected.

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Source: Korea Data Economy News (http://www.dataeconomy.co.kr)