Vision Creator, a Korean startup accelerator founded by a CKGSB alumnus, is partnering with CKGSB’s ‘Chuang Community’ to help Korean SMEs and startups do business in China and attract Chinese capital. Under the “2016 Vision China Program,” 10 Korean companies will receive training in August before joining the CKGSB 2016 Young Investor’s Forum in September in Beijing.
CKGSB has partnered with Korean startup accelerator Vision Creator to help Seoul-based startups and small and medium-sized enterprises (SMEs) enter China and establish ties with businesses and investors there. The joint program, dubbed “2016 Vision China Program”, recruited its first group of 10 participating companies in July.
In August, the 10 finalists will be trained on how to attract investments from Chinese investors, how to negotiate with them and how to develop marketing strategies. The firms will also participate as a Korean delegation in the 2016 Young Investor’s Forum, a global startup business forum scheduled for September in Beijing. The forum will offer the Korean firms an opportunity to present their strengths and vision to potential investors, and build business networks with startups not only from China but also from the rest of the world.
Meanwhile, CKGSB’s Chuang Community, an entrepreneurship camp run by CKGSB, is looking to offer opportunities to successful candidates to participate in an accelerator program jointly run by CKGSB, Baidu and Tencent.
Vision Creator is a startup accelerator based in Seoul and Beijing that specializes in offering business consultations to Korean companies starting out in China. The firm was established by Perry Jung, an alumnus of CKGSB’s MBA program, and aims to build bridges in business between the two countries and help Korean startups find the right business partners and investors in China.
“It’s the time for Korean companies to attract Chinese capital ‘smartly,’ not simply aiming to enter the Chinese market. As the size of startup investments in China and the corporate valuation of Chinese firms has reached the world’s highest level, Korean startups should move more aggressively to search for investment opportunities there.”
– Perry Jung, CEO, Vision Creator (CKGSB MBA ’08)
To read more about the program, please click here.
<Recruiting poster for the 2016 Vision China Program>
