The Korea Economic Association (KEF) and Keidanren of Japan are collaborating to support Korean startups entering Japan.

The Korea-Japan Future Partnership Foundation (hereinafter referred to as the Foundation, Chairman Ryu Jin, Chairman of the Korea Business Association) jointly held the 'Korea-Japan Startup Cooperation Forum' at the Keidanryun Hall in Tokyo on the 2nd in collaboration with the Japan-Korea Future Partnership Fund. At the forum on this day, 10 Korean startups began to attract investment by disclosing their products and technologies.

Last year, Korea Economic Cooperation and Keidanren of Japan established the Korea-Japan-Japan-Korea Partnership Fund to develop future-oriented Korea-Japan relations and decided to promote Korea-Japan industrial cooperation in various fields. Accordingly, the Korea Economic Cooperation Cooperative, together with Japan's Keidanren, started an exchange and cooperation project between Korean startups and Japanese large corporations. The foundation has selected 10 excellent startups (Alicon, Colosseum Corporation, Crea Trip, Eva, Ineasy, Law&Company, Navipra, FarmCAD, Rutten Technologies, ZCrypto) to participate in the Korea-Japan Startup Forum through open recruitment since early this year. was selected after review by external experts.

Startup representatives who participated in the forum on this day had the opportunity to pitch to new business and Korean managers of large Japanese companies belonging to the Keidanren Startup Committee and announced cooperation plans through attracting investment and entering the Japanese market.

Masakazu Tokura, Chairman of Japan Keidanren, said in his opening speech, “Korea and Japan need to work together to promote economic and social development through healthy competition and close cooperation,” adding, “The main role will be played by startups with an enterprising spirit. “Cooperation beyond borders will expand the base of Korea-Japan industrial cooperation,” he said.

Kim Chang-beom, Vice Chairman of Korea Economic Cooperation and Development Cooperation, said in his greeting, “Korean startups armed with innovative ideas and Japanese large corporations with technology development capabilities, business know-how, and financing capabilities are the best partners for growing together.”

Following today's forum, on the 3rd, Korea Economic Cooperation will support one-to-one visit matching so that Korean startups who have completed pitching can visit large Japanese companies and corporate venture capital (CVC) companies to attract investment. Shinhan Bank Japan, Samsung Ventures Japan, and Lotte Ventures Japan provided assistance in this process. The 10 startups participating in the forum plan to visit Japanese startup-related companies and institutions such as Rakuten Mobile, KDDI, Rakuten Ventures, SBI Group, Asahi Chemical, JETRO, and Softbank to discuss ways to attract investment and advance into Japan.