The sixth and final day of the Seoul Global Startup Center (SGSC) ‘Global Bootcamp’ 2021 ended on June 18th, with seven Korean startups learning about topics like building communities, branding & marketing, sales & distribution, team building, and IR Pitching. The participating Korean startups will now get opportunity to pitch their businesses to potential investors on June 24th.
SGSC 2021 Global Bootcamp has been organized to help enterprising Korean startups connect with accelerators, mentors, businesses, etc., for consultation regarding venturing to the overseas market – particularly the USA and South East Asia region. The program was held virtually this year, scheduled for six days, spread over two weeks from June 7th to 18th.
Day 6: Startups get the final push for perfect presentation
The seven startups participating in the Bootcamp have been divided into two groups – three for USA market expansion and four for Southeast Asia (SEA) market expansion. The startup founders that participated in the USA round were Steve Yang, CEO & founder of Apollo EduTech, Rachel Chung, CEO & founder of BeAptive; and Amy Chu, CEO & Creative Director of Kaesa and the SEA market sessions are attended by Chloe Eu, CEO of StyleupK; Cyrus Chow, CEO & co-founder oneCharge; Kyung Dong Kyle Kim, co-founder of Wcoding; and Seungwoo Huh, CEO, and founder of SD Networks.
The final day of the Bootcamp was dedicated to help the Korean startups better their presentations and pitches for attracting investment. Market experts, mentors and investors conducted the sessions that included topics like building a compelling presentation, online pitching nitty-gritty, stage pitching essentials, expectations of the investors & VCs, dos & don’ts for pitching, etc.
The USA market sessions were led by Ryan Wang, the founding partner at Outpost Capital, a Silicon Valley VC firm that invests in early-stage startups in the technology; Vinnie Lauria, Managing Partner at Golden Gate Ventures and Travis Boatman, the CEO of Carbonated Games, an LA-based mobile games studio. The SEA market sessions were led by Ilman Dzikri, Investment Associate at Alpha JWC Ventures, Indonesia, Kevin Chandra, Vice President at Indogen Capital, Indonesia, and Victor Chua, Founding & Managing Partner of Vynn Capital, a Southeast Asia VC firm.
Both sessions were more interactive and gave the participating startups the opportunity to get clarity on various topics that included investments, expansion to foreign markets, finding partnerships, dealing with resources, expectations from investors and to improvise their pitches for the final day. Overall the SGSC 2021 Global Bootcamp helped the Korean startups evolve better in their understanding and helped them regarding their aspirations to expand to overseas market.
On June 24th, a finale event has been organized for the SGSC 2021 Global Bootcamp participants, mentors, and the general public, to be held virtually. The SGSC 2021 Global Bootcamp finale will have all seven startups pitch their products and services in the presence of esteemed judges. Each startup will get to pitch for 5 mins followed by Q&A for 5 mins and feedback from the judges.
Established in 2016 by the Seoul Metropolitan Government, the Seoul Global Startup Center is jointly operated by startup accelerator N15 and WeWorkLabs Korea. Based in Yongsan-gu, Seoul, the organization offers various kinds of supports for global startups ranging from office spaces and funding vouchers to mentoring services. Seoul GSC is established to serve as the foreigner-friendly startup hub to ease the challenges foreign entrepreneurs face as they start and run their businesses in Korea.
The SGSC 2021 ‘Global Bootcamp’ sessions are scheduled in two weeks, from June 7th to June 18th. Follow SGSC at https://seoulgsc.com/ about different startup programs.
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