BMW, KITA join hands to nurture prospective startups
Posted : 2021-07-17 09:21
Updated : 2021-07-17 09:21
Korea International Trade Association (KITA) Senior Executive Managing Director Shin Seung-kwan delivers a congratulatory speech during the signing of a memorandum of understanding to nurture startups at KITA s headquarters in southern Seoul, Friday. Courtesy of KITA
By Kim Jae-heun
BMW Group Korea has signed a memorandum of understanding with the Korea International Trade Association (KITA), the Center for Creative Economy and Innovation (CCEI) in Gyeonggi Province and FuturePlay, to discover promising startups here and promote the BMW Testbed Project together.
The four parties will utilize BMW s Startup Garage program to discover and foster new startups, provide them with opportunities for technology verification by CCEI and help them to advance in overseas markets. FuturePlay will give consultations about the startups business value.
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