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  • Seoul Supports Investment Attraction for Innovative Fintech Companies

  • Economy & Investment News SMG 1857

    2019서울금융위크 Seoul Finance Week Date 20-31 October 2019, Venue Yeouido, Theme FINTECH RISE

    Seoul will be holding the 2019 Seoul Finance Week on October 28-31, 2019 to discover and support fintech companies that have innovative ideas to lead the finance industry into the future.

    Overview of < 2019 Seoul Finance Week >

    • Date/Venue: October 28-31, 2019 (four days) / Seoul Fintech Lab, Conrad Hotel
    • Schedule of Main Events
      • – 「Fintech Company IP Competition」(October 28)
      • – 「Opening Ceremony of Seoul Fintech Lab」, 「Investment Attraction Briefing for Fintech Companies」 (October 29)
      • – 「2019 Seoul International Finance Conference」 (October 30)
      • – 「Networking Event for Private-Public Fintech Support Institutions」 (October 31)

    In order to offer support for promising fintech companies, Seoul will be recruiting companies to participate in the Fintech Company IP Competition on October 28 (Mon.) and Investment Attraction Briefing for Fintech Companies on October 29 (Tues.). Excellent companies will receive the “Mayor of Seoul Award” and the “Commissioner of the Korean Intellectual Property Office Award,” as well as be offered the opportunity to attract investments from domestic and overseas investors.

    First, on October 28, 2019, Seoul Finance Week Fintech Company IP Competition will be co-hosted by the city of Seoul and the Korean Intellectual Property Office. Among the 10 companies selected through document screening, five will be chosen through a face-to-face evaluation on the spot on October 28. The IP Competition aims to advertise the importance of intellectual property, an essential factor for sustainable growth of fintech start-ups, and discover fintech companies that own excellent intellectual property.

    Eligible applicants for participation must be Korea-based business preparatory individuals and fintech companies that begun business within the past seven years. The excellent companies will be selected by evaluating the investment value, originality, technique, and marketability of their patent technology.

    The companies that want to participate should submit the application form, business plan, and introduction of themselves or their product on the online recruitment page from October 16-22.
    ※ Apply for participation in the Fintech Company IP (Intellectual Property) Competition:

    Next, the Investment Attraction Briefing for Fintech Companies will be hosted on October 29. Participating companies will be recruited from October 16-21 through the website. The 12 companies who pass the preliminary screening will be introduced to over 20 domestic and overseas investment institutions and receive the opportunity to attract their investment.
    ※ Apply for participation in the Investment Attraction Briefing for Fintech Companies:

    Companies that have an interest in participating in the Fintech Company IP (Intellectual Property) Competition or the Investment Attraction Briefing for Fintech Companies can inquire through the website of Seoul or the Management Office of Seoul International Finance Conference (www.sific.kr, 82-70-4464-1146).